River-View Residential Income
377 RECTOR Place 2A, Manhattan, NY 10280
For Sale
New
$749,000
A one-bedroom layout connects an open kitchen and living area, with a fireplace and built-in Murphy bed.
Property Size727 SF
Price / SF$1,030
Days on Market6
Property Features for 377 RECTOR Place 2A
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
24-hour doorman
concierge
bicycle storage
resident storage
swimming pool
sun deck
fitness center
Building Details
Building Size
Year Built
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Alexander Boriskin · License #10401346550
(347) 260-0664
Source:
Bondnyre
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 3:16PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
This 727-square-foot residence at Liberty House has one bedroom and an open kitchen and living area. The kitchen includes Italian Onyx counters, custom cabinetry, and stainless steel appliances. A fireplace and built-in Murphy bed add features to the living space, while the bathroom has marble and tile finishes. River views are visible from both the living room and bedroom. The building dates to 1986 and provides a 24-hour doorman, concierge, bicycle storage, and resident storage.
At 377 Rector Place in Battery Park City, the property is positioned along the Hudson River promenade. Residents have membership access to the Terrace Club at 380 Rector Place, with a swimming pool, sun deck, and fitness center. Nearby destinations named in the property information include Brookfield Place, Eataly, Whole Foods, and Tribeca’s restaurants and boutiques.
At 377 Rector Place in Battery Park City, the property is positioned along the Hudson River promenade. Residents have membership access to the Terrace Club at 380 Rector Place, with a swimming pool, sun deck, and fitness center. Nearby destinations named in the property information include Brookfield Place, Eataly, Whole Foods, and Tribeca’s restaurants and boutiques.
Key Highlights
- 727‑square‑foot, one‑bedroom residence with Hudson River views from the living room and bedroom
- Open kitchen and living area with a fireplace and built‑in Murphy bed
- Kitchen has Italian Onyx counters, custom cabinetry, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,746
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,920
$454.9K
Cap Rate 7%
$324,943
$324.9K
Cap Rate 9%
$252,733
$252.7K
Market Conditions
NOI Build-Up for 727 SF
Gross rent
$43.5K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$41.4K $56.89/SF
− OpEx
−$18.6K −$25.60/SF
NOI
$22.7K $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%
$454,920
Cap Rate 7%
$324,943
Cap Rate 9%
$252,733
Alternative Uses
Best Use
Apartment 5plus
$324.9K
$284.3K – $379.1K
NOI $22,746 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.81M
$1.58M – $2.11M
NOI $126,672 @ 7.0% cap · market cap 16.91%
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
23,291
Businesses Nearby
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Business Placement
Demographics for 10280, NY
8,993
Population
5,015
Households
1.8
Avg Household Size
38
Median Age
90%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
89,930
Density / Sq Mi
$206,250
Median Household Income
$131,677
Median Earnings
$3,501
Median Rent
$893,800
Median Home Value
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Market
Average Price Trend$/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 one-bedroom layout connects an open kitchen and living area, with a fireplace and built-in Murphy bed.
Where is this residential income property located?
The property is located at 377 RECTOR Place 2A Manhattan, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 727‑square‑foot, one‑bedroom residence with Hudson River views from the living room and bedroom; Open kitchen and living area with a fireplace and built‑in Murphy bed; Kitchen has Italian Onyx counters, custom cabinetry, and stainless steel appliances
