Renovated Three-Bedroom Co-op
359 Fort Washington Avenue 6B, Manhattan, NY 10033
For Sale
$825,000
A top-floor corner residence pairs a reworked open kitchen and bright bedrooms with shared building services and nearby transit.
Property Size1,320 SF
Days on Market35
Property Features for 359 Fort Washington Avenue 6B
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
live-in superintendent
central laundry
private storage
bike storage
secure package room
washer-dryer
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Kelly Cole
(917) 575-8375
Source:
Serhant
Added: Oct 6
Changed: Nov 3
Last Checked: Nov 8 at 4:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
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This 1,320-square-foot, top-floor corner co-op apartment has three bedrooms, one bathroom, and 9-foot ceilings. Renovated from the studs, the layout centers on an open kitchen with quartz counters, maple lower cabinetry, white upper cabinets, and a breakfast bar. The windowed bathroom includes double sinks and a soaking tub. Other features include engineered oak flooring, a washer-dryer, eight closets, and views that include the George Washington Bridge. The building dates to 1923 and has a live-in superintendent, central laundry, private storage, bike storage, and a secure package room.
The property is less than one block from the A express train and near shopping, restaurants, and parking. J Hood Wright Park is nearby, with Fort Tryon Park to the north. The George Washington Bridge Port Authority Bus Terminal, which includes 120,000 square feet of retail space, is within a few blocks.
The property is less than one block from the A express train and near shopping, restaurants, and parking. J Hood Wright Park is nearby, with Fort Tryon Park to the north. The George Washington Bridge Port Authority Bus Terminal, which includes 120,000 square feet of retail space, is within a few blocks.
Key Highlights
- 1,320‑square‑foot top‑floor corner co‑op apartment
- Three bedrooms, one bathroom, and 9‑foot ceilings
- Renovated kitchen with quartz counters, maple cabinetry, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,299
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,980
$826.0K
Cap Rate 7%
$589,986
$590.0K
Cap Rate 9%
$458,878
$458.9K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$79.0K $59.88/SF
− Vacancy
−$4.0K −$2.99/SF
EGI
$75.1K $56.89/SF
− OpEx
−$33.8K −$25.60/SF
NOI
$41.3K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,980
Cap Rate 7%
$589,986
Cap Rate 9%
$458,878
Alternative Uses
Best Use
Apartment 5plus
$590.0K
$516.2K – $688.3K
NOI $41,299 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$922.8K
$807.5K – $1.08M
NOI $64,599 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
9,834
Businesses Nearby
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Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - A top-floor corner residence pairs a reworked open kitchen and bright bedrooms with shared building services and nearby transit.
Where is this residential income property located?
The property is located at 359 Fort Washington Avenue 6B Manhattan, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1,320‑square‑foot top‑floor corner co‑op apartment; Three bedrooms, one bathroom, and 9‑foot ceilings; Renovated kitchen with quartz counters, maple cabinetry, and breakfast bar
