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Flex Two-Bedroom Condo with Terrace

408 8th Avenue 5C, Manhattan, NY 10001

For Sale
$980,000

A convertible two-room layout, private outdoor space, and building live/work policy support flexible residential use.

Property Size712 SF
Price / SF$1,376
Days on Market254

Property Features for 408 8th Avenue 5C

General Information

Standard status Active
Size 712 SF
Property subtype Apartment

Units

Unit Mix 1 x Flex 2-Bedroom
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,720

Amenities

private terrace
doorman
pet-friendly
live/work policy

Building Details

Building Size 712 SF
Year Built 1986
Listing Agency: Compass
Listed By: Ray Yoo
Source: Decodenyc
Added: Mar 1 Changed: Nov 9 Last Checked: Nov 8 at 7:39PM

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

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This 712-square-foot condominium has a flex two-bedroom layout, a private terrace, hardwood floors, and multiple closets. The kitchen has marble finishes and stainless steel appliances, including a Sub-Zero refrigerator. A full bathroom completes the interior. The building was constructed in 1986 and has a doorman, permits pets, and allows live/work use. The unit is to be delivered vacant.

The property is at 408 8th Avenue in Manhattan, two blocks from Penn Station and Madison Square Garden. The High Line is also nearby, and subway lines A, C, E, 1, 2, 3, N, Q, R, and W serve the area. Showings require an appointment with 24 hours' notice.

Key Highlights

  • 712‑square‑foot condominium with a flexible two‑bedroom configuration
  • Private terrace and hardwood floors
  • Kitchen includes marble finishes and a Sub‑Zero refrigerator

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

6,332
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
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 convertible two-room layout, private outdoor space, and building live/work policy support flexible residential use.
Where is this residential income property located?
The property is located at 408 8th Avenue 5C Manhattan, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 712‑square‑foot condominium with a flexible two‑bedroom configuration; Private terrace and hardwood floors; Kitchen includes marble finishes and a Sub‑Zero refrigerator
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