Renovated One-Bedroom Income
For Sale
$650,000
434 E 52ND Street 10F, New York City, NY 10022
Renovated cooperative residence with a bright living area, office alcove, updated kitchen, private storage, and full-service building amenities.
Property Size868 SF
Price / SF$748.85
Days on Market49
Property Features for 434 E 52ND Street 10F
General Information
Standard status
Active
Size
868 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Utilities to Site
Yes
Amenities
private garden
storage facilities
Laundry Room
24-hour staff
doorman
Building Details
Building Size
868 SF
Year Built
1930
Construction
pre-war
Listing Agency:
Brown Harris Stevens Residential Sales LLC
(212) 381-4258
Listed By:
James Samuel Jaquez
(212) 381-4258
Source:
Tricialee
Added: Jun 23
Changed: Aug 9
Last Checked: Aug 10 at 9:22AM
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 Brown Harris Stevens Residential Sales LLC
Investment Insights
Based on property information with market context.
This residential income property is a renovated one-bedroom, one-bath cooperative residence measuring approximately 868 square feet. The layout includes a generously sized living room with a separate office alcove, a windowed kitchen with stainless steel appliances and oak cabinetry, and a bedroom with extensive closet space. The en-suite bathroom includes a walk-in shower, dual faucets, and a built-in marble bench. A storage unit is included with the purchase.
The residence is located within The Southgate, a 1930 building with doorman service and 24-hour staff. Building amenities include a private garden, storage facilities, and a laundry room. Pied-à-terre use, co-purchasing, and guarantors are permitted, while washer/dryer installations and pets require board approval. Maintenance includes taxes, electricity, water, and heat. A monthly assessment of $321.75 runs through July 2027.
The residence is located within The Southgate, a 1930 building with doorman service and 24-hour staff. Building amenities include a private garden, storage facilities, and a laundry room. Pied-à-terre use, co-purchasing, and guarantors are permitted, while washer/dryer installations and pets require board approval. Maintenance includes taxes, electricity, water, and heat. A monthly assessment of $321.75 runs through July 2027.
Key Highlights
- Renovated one‑bedroom, one‑bath cooperative residence
- Approximately 868 square feet with a living room office alcove
- Windowed kitchen with stainless steel appliances and oak cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,157
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,140
$543.1K
Cap Rate 7%
$387,957
$388.0K
Cap Rate 9%
$301,744
$301.7K
Market Conditions
NOI Build-Up for 868 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.0K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$49.4K $56.89/SF
− OpEx
−$22.2K −$25.60/SF
NOI
$27.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,140
Cap Rate 7%
$387,957
Cap Rate 9%
$301,744
Alternative Uses
Best Use
Apartment 5plus
$388.0K
$339.5K – $452.6K
NOI $27,157 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,240 @ 7.0% cap · market cap 23.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
30,982
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated cooperative residence with a bright living area, office alcove, updated kitchen, private storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 434 E 52ND Street 10F New York City, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Renovated one‑bedroom, one‑bath cooperative residence; Approximately 868 square feet with a living room office alcove; Windowed kitchen with stainless steel appliances and oak cabinetry
