Three-Bedroom Residential Income
425 Central Park W 1-D, Manhattan, NY 10025
For Sale
$1,495,000
The home offers park-facing windows, hardwood floors, and an in-unit washer and dryer.
Property Size1,369 SF
Price / SF$1,092
Days on Market77
Property Features for 425 Central Park W 1-D
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
live-in superintendent
part-time doorman
intercom system
laundry room
bicycle storage
private storage
fitness center
in-home washer/dryer
Building Details
Building Size
Year Built
Listing Agency:
Time Equities Brokerage LLC
Listed By:
Javier M Lattanzio
(212) 206-6121
Source:
Archpointadvisory
Added: Aug 25
Changed: Nov 8
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 Time Equities Brokerage LLC
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Investment Insights
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This 1,369-square-foot residence has three bedrooms, two bathrooms, a foyer, a dining room, and a separate formal living room. High ceilings, hardwood floors, and multiple windows with Central Park views complement a kitchen with new cabinetry and countertops. The home also includes generous closet space and an in-unit washer and dryer. The building dates to 1941.
Building amenities include a live-in superintendent, part-time doorman, intercom, laundry room, bicycle storage, and fitness center. Private storage is available for an additional fee. Central Park is nearby, with the Great Hill, The Pool, playgrounds, baseball fields, walking trails, and bike paths among its features. Whole Foods, cafes, restaurants, B and C subway service, taxis, and a Citi Bike station are also in the surrounding area.
Building amenities include a live-in superintendent, part-time doorman, intercom, laundry room, bicycle storage, and fitness center. Private storage is available for an additional fee. Central Park is nearby, with the Great Hill, The Pool, playgrounds, baseball fields, walking trails, and bike paths among its features. Whole Foods, cafes, restaurants, B and C subway service, taxis, and a Citi Bike station are also in the surrounding area.
Key Highlights
- Three bedrooms and two bathrooms across 1,369 square feet
- Windows overlooking Central Park
- Foyer, dining room, and separate formal living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,064
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,280
$901.3K
Cap Rate 7%
$643,771
$643.8K
Cap Rate 9%
$500,711
$500.7K
Market Conditions
NOI Build-Up for 1,369 SF
Gross rent
$86.2K $63.00/SF
− Vacancy
−$4.3K −$3.15/SF
EGI
$81.9K $59.85/SF
− OpEx
−$36.9K −$26.93/SF
NOI
$45.1K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,280
Cap Rate 7%
$643,771
Cap Rate 9%
$500,711
Alternative Uses
Best Use
Apartment 5plus
$643.8K
$563.3K – $751.1K
NOI $45,064 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$973.4K
$851.7K – $1.14M
NOI $68,136 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
11,358
Businesses Nearby
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Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - The home offers park-facing windows, hardwood floors, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 425 Central Park W 1-D Manhattan, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms across 1,369 square feet; Windows overlooking Central Park; Foyer, dining room, and separate formal living room
