Renovated Residential Income
401 E 65th Street 13G, Manhattan, NY 10065
For Sale
$749,000
Renovated one-bedroom residence with a private office, updated kitchen, abundant storage, and full-service cooperative amenities.
Property Size958 SF
Price / SF$781.84
Days on Market60
Property Features for 401 E 65th Street 13G
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
24-hour doorman
live-in superintendent
fitness center
bike room
central laundry
roof deck
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Stephanie Rummani Rummani
(703) 568-6501
Source:
Nobleblackandpartners
Added: Sep 9
Changed: Nov 7
Last Checked: Nov 6 at 5:02PM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 958-SF one-bedroom residence includes a separate office enclosed by French doors, allowing the space to function as a private workspace or flexible additional room. The layout features an entry foyer, oversized coat closet, open living and dining area, renovated kitchen with white cabinetry, stainless steel appliances and pantry storage, plus a bedroom with a walk-in closet. Eastern and western exposures bring natural light and city views into the home, while the bathroom includes a bathtub and white vanity.
Built in 1962, 401 E 65th Street is a full-service cooperative with 24-hour doorman service, a live-in superintendent, fitness center, bike room, central laundry and updated common areas. The renovated roof deck overlooks the Manhattan skyline and East River. The building permits pets, pied-a-terres, co-purchasing, guarantors, gifting and subletting. Nearby transportation includes the F, Q, N, R, 4, 5 and 6 subway lines and the M66 bus.
Built in 1962, 401 E 65th Street is a full-service cooperative with 24-hour doorman service, a live-in superintendent, fitness center, bike room, central laundry and updated common areas. The renovated roof deck overlooks the Manhattan skyline and East River. The building permits pets, pied-a-terres, co-purchasing, guarantors, gifting and subletting. Nearby transportation includes the F, Q, N, R, 4, 5 and 6 subway lines and the M66 bus.
Key Highlights
- 958 SF one‑bedroom residence with separate French‑door office
- Renovated kitchen with stainless steel appliances and custom pantry storage
- Eastern and western exposures with city and East River views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,973
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,460
$599.5K
Cap Rate 7%
$428,186
$428.2K
Cap Rate 9%
$333,033
$333.0K
Market Conditions
NOI Build-Up for 958 SF
Gross rent
$57.4K $59.88/SF
− Vacancy
−$2.9K −$2.99/SF
EGI
$54.5K $56.89/SF
− OpEx
−$24.5K −$25.60/SF
NOI
$30.0K $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%
$599,460
Cap Rate 7%
$428,186
Cap Rate 9%
$333,033
Alternative Uses
Best Use
Apartment 5plus
$428.2K
$374.7K – $499.6K
NOI $29,973 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.38M
$2.09M – $2.78M
NOI $166,922 @ 7.0% cap · market cap 22.29%
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
31,376
Businesses Nearby
Explore this area
Business Placement
Demographics for 10065, NY
32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value
Market
Average Price Trend$/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 - Renovated one-bedroom residence with a private office, updated kitchen, abundant storage, and full-service cooperative amenities.
Where is this residential income property located?
The property is located at 401 E 65th Street 13G 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: 958 SF one‑bedroom residence with separate French‑door office; Renovated kitchen with stainless steel appliances and custom pantry storage; Eastern and western exposures with city and East River views
