Residential One-Bedroom
For Sale
$975,000
Pending
40 E 94th Street 4K, New York City, NY 10128
One-bedroom condo in a post-war building with a landscaped roof deck and 24-hour concierge service.
Property Size1,300 SF
Days on Market86
Property Features for 40 E 94th Street 4K
General Information
Standard status
Pending
Size
1,300 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$13,260
Amenities
landscaped roof deck
gym
garden
bike room
garage
common storage space
24-hour concierge
Building Details
Building Size
1,300 SF
Year Built
1983
Listing Agency:
Howard Hanna NYC
Listed By:
Peter Oliveri
(917) 566-4956
Source:
Howardhannanyc
Added: Jul 15
Changed: Oct 5
Last Checked: Oct 7 at 4:39PM
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 Howard Hanna NYC
Investment Insights
Based on property information with market context.
This one-bedroom condo offers quiet, gracious living with large windows for natural light and substantial closet space. The home has been renovated with a new kitchen featuring a dishwasher, generous counter space, and ample storage, plus wide-plank hardwood floors throughout. The apartment is positioned in a quiet line of the building, creating a more peaceful retreat.
Carnegie Hill Tower is a post-war building with a landscaped roof deck, gym, garden, bike room, common storage space, and a garage. Building service includes 24-hour concierge. Residents enjoy close proximity to Central Park and the Jacqueline Kennedy Onassis Reservoir, with easy access to dining, museums, shops, and entertainment.
Built in 1983, the building supports a full-service lifestyle with shared amenities designed for everyday convenience and comfort.
Carnegie Hill Tower is a post-war building with a landscaped roof deck, gym, garden, bike room, common storage space, and a garage. Building service includes 24-hour concierge. Residents enjoy close proximity to Central Park and the Jacqueline Kennedy Onassis Reservoir, with easy access to dining, museums, shops, and entertainment.
Built in 1983, the building supports a full-service lifestyle with shared amenities designed for everyday convenience and comfort.
Key Highlights
- Post‑war building condo with wide‑plank hardwood floors and a renovated kitchen
- New kitchen includes a dishwasher, generous counter space, and ample storage
- Landscaped roof deck, gym, and garden amenities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,588
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,760
$811.8K
Cap Rate 7%
$579,829
$579.8K
Cap Rate 9%
$450,978
$451.0K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$77.8K $59.88/SF
− Vacancy
−$4.0K −$3.11/SF
EGI
$73.8K $56.77/SF
− OpEx
−$33.2K −$25.54/SF
NOI
$40.6K $31.22/SF
Area
ZIP 10128
Vacancy
5.20%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,760
Cap Rate 7%
$579,829
Cap Rate 9%
$450,978
Alternative Uses
Best Use
Apartment 5plus
$579.8K
$507.4K – $676.5K
NOI $40,588 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$924.3K
$808.8K – $1.08M
NOI $64,702 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16,382
Businesses Nearby
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Business Placement
Demographics for 10128, NY
64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condo in a post-war building with a landscaped roof deck and 24-hour concierge service.
Where is this residential income property located?
The property is located at 40 E 94th Street 4K New York City, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Post‑war building condo with wide‑plank hardwood floors and a renovated kitchen; New kitchen includes a dishwasher, generous counter space, and ample storage; Landscaped roof deck, gym, and garden amenities
