One-Bedroom Residential Income
362 W 127th Street PH-B, Manhattan, NY 10027
For Sale
$600,000
Flexible apartment layout with bonus space, private laundry, modern kitchen finishes, and access to a shared roof deck.
Property Size538 SF
Days on Market719
Property Features for 362 W 127th Street PH-B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
roof deck
virtual doorman
storage room
bike storage
Building Details
Building Size
Year Built
Listing Agency:
Nest Seekers LLC
Listed By:
hao yuan
(929) 395-2818
Source:
Serhant
Added: Nov 21, 2024
Changed: Nov 7
Last Checked: Nov 8 at 4:22PM
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 Nest Seekers LLC
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 south-facing residential unit features floor-to-ceiling windows, oak flooring, and a flexible one-bedroom layout with an additional room suitable for office, dining, storage, or closet use. The entry foyer includes a custom closet, while the open kitchen is equipped with Caesarstone counters, marble backsplash, stainless steel appliances, dishwasher, vented induction stove, and extensive cabinetry. A tiled stall shower with glass enclosure, in-unit washer and dryer, individual hot water heater, and ductless Daikin heating and cooling complete the interior.
Building amenities include a shared roof deck available for private reservations, virtual doorman and video intercom service, storage, and bicycle storage. The property is near City College, Columbia University's main campus, and Barnard University, with A, B, and C subway service at the corner. The unit may be rented from Day 1, and small and medium-sized pets are permitted with board approval. The building was constructed in 2016.
Building amenities include a shared roof deck available for private reservations, virtual doorman and video intercom service, storage, and bicycle storage. The property is near City College, Columbia University's main campus, and Barnard University, with A, B, and C subway service at the corner. The unit may be rented from Day 1, and small and medium-sized pets are permitted with board approval. The building was constructed in 2016.
Key Highlights
- South‑facing unit with floor‑to‑ceiling windows
- One bedroom plus bonus room and foyer with custom closet
- Open kitchen with Caesarstone counters, marble backsplash, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,833
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,660
$336.7K
Cap Rate 7%
$240,471
$240.5K
Cap Rate 9%
$187,033
$187.0K
Market Conditions
NOI Build-Up for 538 SF
Gross rent
$32.2K $59.88/SF
− Vacancy
−$1.6K −$2.99/SF
EGI
$30.6K $56.89/SF
− OpEx
−$13.8K −$25.60/SF
NOI
$16.8K $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%
$336,660
Cap Rate 7%
$240,471
Cap Rate 9%
$187,033
Alternative Uses
Best Use
Apartment 5plus
$240.5K
$210.4K – $280.6K
NOI $16,833 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.1K
$329.1K – $438.8K
NOI $26,329 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,417
Businesses Nearby
Explore this area
Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Market
Average Price Trend$/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 - Flexible apartment layout with bonus space, private laundry, modern kitchen finishes, and access to a shared roof deck.
Where is this residential income property located?
The property is located at 362 W 127th Street PH-B Manhattan, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: South‑facing unit with floor‑to‑ceiling windows; One bedroom plus bonus room and foyer with custom closet; Open kitchen with Caesarstone counters, marble backsplash, and stainless steel appliances
