Duplex Residential Income
435 E 52nd Street 2/3F, New York City, NY 10022
For Sale
$5,000,000
Expansive duplex residence with a separately accessed studio and East River outlooks within River House.
Property Size5,300 SF
Price / SF$943.40
Days on Market908
Property Features for 435 E 52nd Street 2/3F
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Amenities
private elevator
wood-burning fireplaces
balconies
doormen
concierge
resident manager
private storage
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Sothebys International Realty
Listed By:
Serena Boardman
(212) 606-7611
Source:
Carytamura
Added: May 16, 2024
Changed: Nov 6
Last Checked: Nov 8 at 2:23PM
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 Sothebys International Realty
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Investment Insights
Based on property information with market context.
Set within River House, this approximately 5,300-square-foot duplex residence combines formal entertaining areas with extensive private quarters. The layout includes a central gallery, living room, library, dining room, kitchen, butler’s pantry, breakfast room, staff room, additional bedroom, and multiple bathrooms. Two fireplaces, tall ceilings, river-facing balconies, and southern exposures add distinctive architectural and residential features. The primary suite includes a bedroom, sitting room, corner fireplace, balconies, generous closets, and two full bathrooms. Two additional bedrooms have ensuite baths.
A separate studio apartment has its own East 53rd Street entrance and connects to the duplex by private internal elevator. The self-contained space includes a bathroom, kitchenette, closets, and a step-down living area. River House is an Art Deco building designed by William L. Bottomley in 1931, with a gated entrance court, gardens, doormen, concierge, resident manager, and private storage. Shareholders may also be eligible to join The River Club, which offers tennis, squash, a swimming pool, golf simulator, dining, guest rooms, and social programs.
A separate studio apartment has its own East 53rd Street entrance and connects to the duplex by private internal elevator. The self-contained space includes a bathroom, kitchenette, closets, and a step-down living area. River House is an Art Deco building designed by William L. Bottomley in 1931, with a gated entrance court, gardens, doormen, concierge, resident manager, and private storage. Shareholders may also be eligible to join The River Club, which offers tennis, squash, a swimming pool, golf simulator, dining, guest rooms, and social programs.
Key Highlights
- Approximately 5,300 square feet arranged as a twelve‑room duplex
- Separate studio apartment with private East 53rd Street entrance
- Private internal elevator links the studio with the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,823
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,316,460
$3.3M
Cap Rate 7%
$2,368,900
$2.4M
Cap Rate 9%
$1,842,478
$1.8M
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$317.4K $59.88/SF
− Vacancy
−$15.9K −$2.99/SF
EGI
$301.5K $56.89/SF
− OpEx
−$135.7K −$25.60/SF
NOI
$165.8K $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%
$3,316,460
Cap Rate 7%
$2,368,900
Cap Rate 9%
$1,842,478
Alternative Uses
Best Use
Apartment 5plus
$2.37M
$2.07M – $2.76M
NOI $165,823 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.24M – $4.32M
NOI $259,374 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,245
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
$1,116,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - Expansive duplex residence with a separately accessed studio and East River outlooks within River House.
Where is this residential income property located?
The property is located at 435 E 52nd Street 2/3F New York City, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approximately 5,300 square feet arranged as a twelve‑room duplex; Separate studio apartment with private East 53rd Street entrance; Private internal elevator links the studio with the duplex
