Six-Unit Walk-Up Apartment
For Sale
$1,299,000
36-25 30th Street, New York, NY 11106
The six apartments are one-bedroom units, with one currently vacant and heat and hot water included in all rentals.
Property Size3,645 SF
Price / SF$356.38
Days on Market15
Property Features for 36-25 30th Street
General Information
Standard status
Active
Size
3,645 SF
Elevators
No
Property subtype
Multi Family
Site & Location
Neighborhood
Midtown Manhattan
Public Transit
Yes
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1921
Buildings
1
Listing Agency:
Neil Charles Real Estate
Listed By:
Ann Stettner · License #10401201931
(917) 660-3266
Source:
Neilcharlesrealestate
Added: Oct 16
Changed: Oct 30
Last Checked: Oct 30 at 1:51AM
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 Neil Charles Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1921 walk-up apartment building contains six one-bedroom units across 3,645 square feet. One apartment is vacant. Some units have updated flooring, lighting, and appliances, while select layouts include windowed eat-in kitchen and living areas, cabinet space, and closets. Heat and hot water are included in all rentals.
The property is at 36-25 30th Street in Long Island City, one block from shops, restaurants, and the N/W 36th Avenue Subway Station. The listing describes a two-stop subway trip to Manhattan.
The property is at 36-25 30th Street in Long Island City, one block from shops, restaurants, and the N/W 36th Avenue Subway Station. The listing describes a two-stop subway trip to Manhattan.
Key Highlights
- Six one‑bedroom apartments in a walk‑up building
- 3,645 square feet; built in 1921
- One apartment currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,042
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,280,840
$2.3M
Cap Rate 7%
$1,629,171
$1.6M
Cap Rate 9%
$1,267,133
$1.3M
Market Conditions
NOI Build-Up for 3,645 SF
Gross rent
$218.3K $59.88/SF
− Vacancy
−$10.9K −$2.99/SF
EGI
$207.3K $56.89/SF
− OpEx
−$93.3K −$25.60/SF
NOI
$114.0K $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%
$2,280,840
Cap Rate 7%
$1,629,171
Cap Rate 9%
$1,267,133
Alternative Uses
Best Use
Apartment 5plus
$1.63M
$1.43M – $1.90M
NOI $114,042 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.07M
$7.94M – $10.59M
NOI $635,105 @ 7.0% cap · market cap 48.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
87,988
Businesses Nearby
Explore this area
Business Placement
Demographics for 11106, NY
41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The six apartments are one-bedroom units, with one currently vacant and heat and hot water included in all rentals.
Where is this apartment building located?
The property is located at 36-25 30th Street New York, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Six one‑bedroom apartments in a walk‑up building; 3,645 square feet; built in 1921; One apartment currently vacant
