Riverside Drive Apartment For
For Sale
$1,780,000
395 RIVERSIDE Drive 3A, New York City, NY 10025
Apartment building at 395 Riverside Drive, New York.
Property Size1,600 SF
Price / SF$1,112
Days on Market332
Property Features for 395 RIVERSIDE Drive 3A
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Apartment
Building Details
Building Size
1,600 SF
Year Built
1924
Listing Agency:
Corcoran Group
Listed By:
Eliety Lopes
(212) 470-8891
Source:
Carlinwright
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Oct 25 at 12:39AM
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 Corcoran Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An apartment building is available for sale at 395 Riverside Drive, New York, NY 10025. The list price is $300,000.
Key Highlights
- Year Built: 1924, offering character and potential for historical charm
- Price: $11, an extremely low price point
- Property Details: Additional details available, uncover valuable information
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,668
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,360
$1.1M
Cap Rate 7%
$752,400
$752.4K
Cap Rate 9%
$585,200
$585.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$100.8K $63.00/SF
− Vacancy
−$5.0K −$3.15/SF
EGI
$95.8K $59.85/SF
− OpEx
−$43.1K −$26.93/SF
NOI
$52.7K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,360
Cap Rate 7%
$752,400
Cap Rate 9%
$585,200
Alternative Uses
Best Use
Apartment 5plus
$752.4K
$658.4K – $877.8K
NOI $52,668 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.32M
$5.53M – $7.37M
NOI $442,368 @ 7.0% cap · market cap 24.85%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
6,066
Businesses Nearby
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Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building at 395 Riverside Drive, New York.
Where is this apartment building located?
The property is located at 395 RIVERSIDE Drive 3A New York City, NY.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Year Built: 1924, offering character and potential for historical charm; Price: $11, an extremely low price point; Property Details: Additional details available, uncover valuable information
