One-Bedroom Residential Income
404 E 76th Street 3-C, Manhattan, NY 10021
For Sale
$835,000
Pending
Condominium unit with doorman service, concierge, fitness facilities, and garden amenities in a 31-story residential building.
Property Size918 SF
Days on Market313
Property Features for 404 E 76th Street 3-C
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
24-hour doorman
concierge
business center
conference room
fitness center
steam room
sauna
spa
playroom
courtyard
garden
garage
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
R New York
Listed By:
david dudi silberberg
(917) 861-2222
Source:
Carlinwright
Added: Jan 1
Changed: Nov 7
Last Checked: Nov 8 at 11:54AM
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 R New York
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium unit spans approximately 918 square feet and requires limited interior updates, including new paint and flooring. The residence is occupied by a tenant who will vacate within 3 months of contract signing.
The building is a 31-story, 194-unit residential tower at 404 E 76th Street in New York City. Shared facilities include a 24-hour doorman and concierge, business and conference room, fitness center, steam and sauna rooms, spa areas, playroom, garage, and a 15,000-square-foot courtyard and garden. These building-wide amenities provide a broad range of resident services and recreational spaces.
The building is a 31-story, 194-unit residential tower at 404 E 76th Street in New York City. Shared facilities include a 24-hour doorman and concierge, business and conference room, fitness center, steam and sauna rooms, spa areas, playroom, garage, and a 15,000-square-foot courtyard and garden. These building-wide amenities provide a broad range of resident services and recreational spaces.
Key Highlights
- Approximately 918 square feet with one bedroom and one bathroom
- Tenant will vacate within 3 months of contract signing
- 31‑story, 194‑unit residential building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,722
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,440
$574.4K
Cap Rate 7%
$410,314
$410.3K
Cap Rate 9%
$319,133
$319.1K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$55.0K $59.88/SF
− Vacancy
−$2.7K −$2.99/SF
EGI
$52.2K $56.89/SF
− OpEx
−$23.5K −$25.60/SF
NOI
$28.7K $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%
$574,440
Cap Rate 7%
$410,314
Cap Rate 9%
$319,133
Alternative Uses
Best Use
Apartment 5plus
$410.3K
$359.0K – $478.7K
NOI $28,722 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$641.8K
$561.6K – $748.8K
NOI $44,926 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
23,460
Businesses Nearby
Explore this area
Business Placement
Demographics for 10021, NY
45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
Market
Average Price Trend$/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 - Condominium unit with doorman service, concierge, fitness facilities, and garden amenities in a 31-story residential building.
Where is this residential income property located?
The property is located at 404 E 76th Street 3-C Manhattan, NY.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Approximately 918 square feet with one bedroom and one bathroom; Tenant will vacate within 3 months of contract signing; 31‑story, 194‑unit residential building
