Building Details

Building Size 2,750 SF

Year Built 1890

Units 6

Listed By: Adrian S Noriega Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Oct 2 Last Checked: Oct 5 at 5:50PM

Report an Issue

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 Adrian S Noriega

Investment Insights

Based on property information with market context.

A residential income property is available for sale. The property is located at 430 E 10TH St 2B, New York, NY 10009. The list price is $3,250,000.

Key Highlights

• Year Built: 1890

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$86,040

Cap Rate

2.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,720,800 $1.7M

Cap Rate 7%

$1,229,143 $1.2M

Cap Rate 9%

$956,000 $956.0K

Market Conditions

NOI Build-Up for 2,750 SF

Gross rent

$164.7K $59.88/SF

− Vacancy

−$8.2K −$2.99/SF

EGI

$156.4K $56.89/SF

− OpEx

−$70.4K −$25.60/SF

NOI

$86.0K $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%

$1,720,800

Cap Rate 7%

$1,229,143

Cap Rate 9%

$956,000

Alternative Uses

Best Use

Apartment 5plus

$1.23M

$1.08M – $1.43M (±1% cap)

NOI $86,040 @ 7.0% cap · market cap 2.89%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$6.85M

$5.99M – $7.99M (±1% cap)

NOI $479,160 @ 7.0% cap · market cap 16.11%

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

Apartment buildings

Suggested Use

Top Pick Law Firm Accounting Firm Hair Salon Nail Salon Barber Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,969

Businesses Nearby

Explore this area Business Placement

Demographics for 10009, NY

61,716

Population

32,375

Households

1.9

Avg Household Size

36

Median Age

63%

College-Educated

87%

High-School Grad

0.6 sq mi

ZIP Area

102,860

Density / Sq Mi

$87,963

Median Household Income

$84,069

Median Earnings

$1,925

Median Rent

$690,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Apartment Building in New York

320 E 72ND St 15B, New York, NY 10021

$2,200,000

View details

Residential Property in New York

425 E 58TH St 31A, New York, NY 10022

$2,500,000

View details

Pre-War Apartment Building

621 W 138th Street, New York, NY 10031

$2,000,000

2,535 SF

View details

Upper East Side Condo

140 E 63rd Street #5DG, New York, NY 10065

$3,250,000

0.30 Acres

View details

Five-Family Brick Apartment Building

656 Henry St, New York, NY 10038

$2,680,000

3,729 SF

View details

Renovated 8-Unit Apartment Building

115 W 136th St, New York, NY 10030

$2,348,000

View details

Residential Income Property For Sale

1200 BROADWAY 7B, New York, NY 10001

$2,099,000

View details

8-Unit Apartment Building

220 W 122nd St, New York, NY 10027

$2,300,000

3,792 SF

View details

10-Unit Apartment Building

2117 5 Ave, New York, NY 10035

$1,999,999

View details

Eight-Unit Mixed-Use Building

242 E 40th Street, New York, NY 10016

$3,500,000

4,500 SF

View details

Five-Story Walk-Up Apartment Building

282 West End Avenue, New York, NY 10023

$3,285,000

View details

Corner Mixed-Use Building

1734 Amsterdam Avenue, New York, NY 10031

$3,300,000

8,354 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Residential income property available for purchase in New York, NY.

Where is this apartment building located?

The property is located at 430 E 10TH St 2B New York, NY.

What is the asking price?

The asking price for this property is $2,975,000.

What are key features of this property?

This property features: Year Built: 1890