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Renovated One-Bedroom Apartment
For Lease
$4,095/Mo

398 3rd Avenue, New York, NY 10016

Commercial Sale, New York, NY

Space SizeContact for details
Days on Market8

Property Features for 398 3rd Avenue

General Information

Property type Commercial Lease
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Subdivision Kips Bay
High school district 000000
Standard status Active

Amenities

Two AC units included
In-unit washer and dryer
Well-maintained walk-up building
Pet-friendly

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Mohaby Jerome
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 22 at 10:06PM
MLS# 12029009

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This one-bedroom apartment at 398 3rd Avenue has undergone a full interior renovation. It features hardwood floors and high ceilings, plus a kitchen with marble countertops and stainless steel appliances, including a dishwasher. The bathroom has a bathtub. Two air-conditioning units serve the living room and bedroom, and laundry is located inside the apartment.

The residence is in a walk-up building that allows pets. In Kips Bay, it is two blocks from a train station and near Whole Foods, Trader Joe’s, Madison Square Park, restaurants, cafes, and shopping. Public transportation is also accessible.

Key Highlights

  • One‑bedroom apartment with a fully renovated interior
  • Kitchen with marble countertops, stainless steel appliances, and dishwasher
  • Two air‑conditioning units: one in the living room and one in the bedroom

Property Analytics

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Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

60,751
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - The residence includes in-unit laundry, two air-conditioning units, and a dishwasher.
Where is this residential income property located?
The property is located at 398 3rd Avenue New York, NY.
What is the lease rate?
The lease rate is $4,095/Mo.
What are key features of this property?
This property features: One‑bedroom apartment with a fully renovated interior; Kitchen with marble countertops, stainless steel appliances, and dishwasher; Two air‑conditioning units: one in the living room and one in the bedroom
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