Full-Service Residential Income
For Sale
$800,000
Pending
404 E 76th Street 3B, New York City, NY 10021
Condominium residence with open city views, in-unit laundry, and extensive building amenities.
Property Size847 SF
Days on Market138
Property Features for 404 E 76th Street 3B
General Information
Standard status
Pending
Size
847 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$12,096
Amenities
in-unit washer and dryer
24-hour doorman
concierge
live-in superintendent
on-site parking garage
fitness center
steam room
sauna
business center
conference center
children's playroom
bike storage
private courtyard garden
Building Details
Building Size
847 SF
Year Built
1999
Listing Agency:
Compass
Listed By:
Dylan Hildreth Hoffman
(646) 431-2260
Source:
Lenasimpson
Added: May 22
Changed: Oct 4
Last Checked: Oct 5 at 9:59PM
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
Investment Insights
Based on property information with market context.
Residence 3B is an 847-square-foot condominium home with a well-organized layout designed for comfortable daily living. The unit includes oversized windows with open city views, a living area, separate dining alcove, full-size kitchen appliances, ample cabinetry, generous counter space, a bedroom sized for a king bed, substantial closet storage, and an in-unit washer and dryer. The property was built in 1999.
The Impala is a full-service condominium designed by architect Michael Graves. Building services include a 24-hour doorman and concierge, live-in superintendent, and on-site parking garage. Amenities include a fitness center with steam and sauna rooms, business and conference center, children's playroom, bike storage, and a 15,000-square-foot private courtyard garden.
The residence is located on a quiet, tree-lined block in Lenox Hill on the Upper East Side, near dining, shopping, everyday conveniences, the Q and 6 subway lines, multiple bus routes, John Jay Park, and Carl Schurz Park.
The Impala is a full-service condominium designed by architect Michael Graves. Building services include a 24-hour doorman and concierge, live-in superintendent, and on-site parking garage. Amenities include a fitness center with steam and sauna rooms, business and conference center, children's playroom, bike storage, and a 15,000-square-foot private courtyard garden.
The residence is located on a quiet, tree-lined block in Lenox Hill on the Upper East Side, near dining, shopping, everyday conveniences, the Q and 6 subway lines, multiple bus routes, John Jay Park, and Carl Schurz Park.
Key Highlights
- 847‑square‑foot condominium residence
- Open city views through oversized windows
- Separate dining alcove and king‑sized bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,500
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,000
$530.0K
Cap Rate 7%
$378,571
$378.6K
Cap Rate 9%
$294,444
$294.4K
Market Conditions
NOI Build-Up for 847 SF
Gross rent
$50.7K $59.88/SF
− Vacancy
−$2.5K −$2.99/SF
EGI
$48.2K $56.89/SF
− OpEx
−$21.7K −$25.60/SF
NOI
$26.5K $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%
$530,000
Cap Rate 7%
$378,571
Cap Rate 9%
$294,444
Alternative Uses
Best Use
Apartment 5plus
$378.6K
$331.3K – $441.7K
NOI $26,500 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,581 @ 7.0% cap · market cap 18.45%
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
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with open city views, in-unit laundry, and extensive building amenities.
Where is this residential income property located?
The property is located at 404 E 76th Street 3B New York City, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 847‑square‑foot condominium residence; Open city views through oversized windows; Separate dining alcove and king‑sized bedroom
