Residential Income
For Sale
$850,000
404 E 76th Street 6B, New York City, NY 10021
A one-bedroom condominium combines a separate dining area, in-unit laundry, and full-service building amenities.
Property Size847 SF
Price / SF$1,003
Days on Market121
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
(904) 868-3321
Source:
Bondnyre
Added: Jun 10
Changed: Oct 8
Last Checked: Oct 7 at 6:22PM
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 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.
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
3.12%
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 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,581 @ 7.0% cap · market cap 17.36%
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 - 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 New York City, NY.
What is the asking price?
The asking price for this property is $850,000.
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
