Two-Bedroom Duplex Income
385 E 10TH Street C4, Manhattan, NY 10009
For Sale
New
$940,000
The two-level layout separates both bedrooms from the main living area, with outdoor access from each bedroom.
Property Size1,004 SF
Days on Market5
Property Features for 385 E 10TH Street C4
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private outdoor space
washer/dryer hookups
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
Lesley F Steiner
(914) 774-9059
Source:
Serhant
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 2:49PM
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 Serhant
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Investment Insights
Based on property information with market context.
This 1999 residential condominium has two bedrooms, one full bathroom, and a powder room across two levels. The main floor combines living and dining space with an open kitchen and breakfast counter. Hardwood floors and large windows are present, and the upper floor includes a walk-in closet in the primary bedroom, additional storage, and washer and dryer hookups. The kitchen and bathrooms are identified for updating.
Located in Manhattan’s East Village, the property is near neighborhood restaurants, cafés, independent shops, and Tompkins Square Park.
Located in Manhattan’s East Village, the property is near neighborhood restaurants, cafés, independent shops, and Tompkins Square Park.
Key Highlights
- Two‑bedroom, two‑level condominium with one full bathroom and a powder room
- Outdoor access from both bedrooms
- Living and dining area with open kitchen and breakfast counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,412
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,240
$628.2K
Cap Rate 7%
$448,743
$448.7K
Cap Rate 9%
$349,022
$349.0K
Market Conditions
NOI Build-Up for 1,004 SF
Gross rent
$60.1K $59.88/SF
− Vacancy
−$3.0K −$2.99/SF
EGI
$57.1K $56.89/SF
− OpEx
−$25.7K −$25.60/SF
NOI
$31.4K $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%
$628,240
Cap Rate 7%
$448,743
Cap Rate 9%
$349,022
Alternative Uses
Best Use
Apartment 5plus
$448.7K
$392.7K – $523.5K
NOI $31,412 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$701.9K
$614.2K – $818.9K
NOI $49,134 @ 7.0% cap · market cap 5.23%
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
7,969
Businesses Nearby
Explore this area
Business Placement
Demographics for 10009, NY
61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
Median Home Value
Market
Average Price Trend$/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 - The two-level layout separates both bedrooms from the main living area, with outdoor access from each bedroom.
Where is this residential income property located?
The property is located at 385 E 10TH Street C4 Manhattan, NY.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Two‑bedroom, two‑level condominium with one full bathroom and a powder room; Outdoor access from both bedrooms; Living and dining area with open kitchen and breakfast counter
