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Residential Income Property

404 E 76th Street 6B, Manhattan, NY 10021

For Sale
$795,000

A one-bedroom condominium combines a separate dining area, in-unit laundry, and full-service building amenities.

Property Size847 SF
Price / SF$938.61
Days on Market153

Property Features for 404 E 76th Street 6B

General Information

Standard status Active
Size 847 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $10,548

Amenities

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
in-unit washer and dryer

Building Details

Building Size 847 SF
Year Built 1999
Listing Agency: Compass
Listed By: Stanton Kai Dailey
Source: Bondnyre
Added: Jun 10 Changed: Nov 5 Last Checked: Nov 8 at 11:42AM

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

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Investment Insights

Based on property information with market context.

Residence 6B is a one-bedroom condominium at The Impala, a building designed by Michael Graves and completed in 1999. The home has a separate dining alcove beside the kitchen, full-size appliances, ample cabinetry, and counter space. Oversized windows bring in open city views, while the bedroom accommodates a king-sized bed. An in-unit washer and dryer and closets throughout add practical storage and convenience.

Building services and shared facilities include a 24-hour doorman and concierge, a live-in superintendent, an on-site parking garage, a fitness center with steam and sauna rooms, and a business and conference center. Residents also have access to a children’s playroom, bike storage, and a landscaped 15,000-square-foot courtyard garden.

The property is on East 76th Street in Lenox Hill, with access to the Q and 6 subway lines, bus routes, John Jay Park, and Carl Schurz Park. Dining, shopping, and everyday services are also nearby.

Key Highlights

  • One‑bedroom residence in The Impala, designed by Michael Graves
  • Separate dining alcove and full‑size kitchen appliances
  • In‑unit washer and dryer; closets throughout the home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,500
Cap Rate
3.33%
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 (±1% cap)
NOI $26,500 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$592.2K
$518.1K – $690.9K (±1% cap)
NOI $41,451 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

23,460
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A one-bedroom condominium combines a separate dining area, in-unit laundry, and full-service building amenities.
Where is this residential income property located?
The property is located at 404 E 76th Street 6B Manhattan, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: One‑bedroom residence in The Impala, designed by Michael Graves; Separate dining alcove and full‑size kitchen appliances; In‑unit washer and dryer; closets throughout the home
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