Residential Income
For Sale
$850,000
422 E 72nd Street 18B, New York City, NY 10021
The 764-square-foot residence has one bedroom, oversized windows, and an in-unit washer and dryer closet.
Property Size764 SF
Price / SF$1,112
Days on Market9
Property Features for 422 E 72nd Street 18B
General Information
Standard status
Active
Size
764 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,567
Amenities
24-hour doorman
concierge service
live-in resident manager
health club with yoga studio
indoor pool
basketball court
sundeck
playground
Building Details
Building Size
764 SF
Year Built
1990
Listing Agency:
Keller Williams NYC
Listed By:
Rana H Williams
(917) 751-5888
Source:
Nobleblackandpartners
Added: Oct 1
Changed: Oct 7
Last Checked: Oct 7 at 1:33PM
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 Keller Williams NYC
Investment Insights
Based on property information with market context.
This one-bedroom condominium offers 764 square feet, with oversized windows in both the living room and bedroom. The kitchen includes a dishwasher and a pass-through to the living area. A marble bathroom, hallway closet, foyer closet, and extensive bedroom closet space round out the interior. The residence also has a washer and dryer closet.
Key Highlights
- 764‑square‑foot, one‑bedroom condominium
- Oversized windows in the living room and bedroom
- Kitchen features a dishwasher and pass‑through to the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,903
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,060
$478.1K
Cap Rate 7%
$341,471
$341.5K
Cap Rate 9%
$265,589
$265.6K
Market Conditions
NOI Build-Up for 764 SF
Gross rent
$45.7K $59.88/SF
− Vacancy
−$2.3K −$2.99/SF
EGI
$43.5K $56.89/SF
− OpEx
−$19.6K −$25.60/SF
NOI
$23.9K $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%
$478,060
Cap Rate 7%
$341,471
Cap Rate 9%
$265,589
Alternative Uses
Best Use
Apartment 5plus
$341.5K
$298.8K – $398.4K
NOI $23,903 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.90M
$1.66M – $2.22M
NOI $133,119 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,260
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The 764-square-foot residence has one bedroom, oversized windows, and an in-unit washer and dryer closet.
Where is this residential income property located?
The property is located at 422 E 72nd Street 18B 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: 764‑square‑foot, one‑bedroom condominium; Oversized windows in the living room and bedroom; Kitchen features a dishwasher and pass‑through to the living area
