Residential Income Property with
For Sale
$995,000
370 E 76th Street C1406, Manhattan, NY 10021
Top-floor co-op apartment in Newport East with access to a roof deck, seasonal heated pool, garage and 24-hour doorman.
Property Size900 SF
Price / SF$1,105
Days on Market32
Property Features for 370 E 76th Street C1406
General Information
Standard status
Active
Size
900 SF
Property subtype
Apartment
Additional Details
HOA Fee
$1,996
Public Transit
Yes
Multifamily Units
1
Amenities
terrace
24-hour doorman
concierge
live-in superintendent
roof deck
seasonal heated pool
on-site garage
laundry room
bike room
storage
Building Details
Building Size
900 SF
Year Built
1966
Listing Agency:
Realmart Realty LLC
Listed By:
Qizhan Jack Yao · License #0902217
(732) 727-2285
Source:
Carytamura
Added: Sep 30
Changed: Oct 31
Last Checked: Oct 30 at 9:39PM
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 Realmart Realty LLC
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Investment Insights
Based on property information with market context.
This 900-square-foot, top-floor junior four co-op apartment includes a 21' x 10' terrace. The building provides a 24-hour doorman and concierge, a live-in superintendent, a roof deck with a seasonal heated pool, an on-site garage, laundry room, bike room and storage. Garage parking is discounted for shareholders.
The property is four blocks from the 72nd Street station on the Second Avenue subway. Co-purchasing and parental purchases are permitted, and pets under 30 lbs are welcome. Pieds-à-terre are not permitted.
The property is four blocks from the 72nd Street station on the Second Avenue subway. Co-purchasing and parental purchases are permitted, and pets under 30 lbs are welcome. Pieds-à-terre are not permitted.
Key Highlights
- Top‑floor junior four co‑op apartment with a 21' x 10' terrace
- 900 square feet of interior space
- Newport East building with 24‑hour doorman and concierge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,159
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,180
$563.2K
Cap Rate 7%
$402,271
$402.3K
Cap Rate 9%
$312,878
$312.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$53.9K $59.88/SF
− Vacancy
−$2.7K −$2.99/SF
EGI
$51.2K $56.89/SF
− OpEx
−$23.0K −$25.60/SF
NOI
$28.2K $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%
$563,180
Cap Rate 7%
$402,271
Cap Rate 9%
$312,878
Alternative Uses
Best Use
Apartment 5plus
$402.3K
$352.0K – $469.3K
NOI $28,159 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,816 @ 7.0% cap · market cap 15.76%
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
23,460
Businesses Nearby
Explore this area
Business Placement
Demographics for 10021, NY
45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor co-op apartment in Newport East with access to a roof deck, seasonal heated pool, garage and 24-hour doorman.
Where is this residential income property located?
The property is located at 370 E 76th Street C1406 Manhattan, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Top‑floor junior four co‑op apartment with a 21' x 10' terrace; 900 square feet of interior space; Newport East building with 24‑hour doorman and concierge
