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Studio Apartment Building with Elevator

444 E 87th Street 5D, Manhattan, NY 10128

For Sale
$520,000
Pending

Well-maintained studio apartment building with elevator, live-in super, and on-site laundry room; sponsor unit offered as-is.

Property SizeContact for details
Days on Market103

Property Features for 444 E 87th Street 5D

General Information

Standard status Pending
Property subtype Apartment

Building Details

Year Built 1905
Listing Agency: Compass
Listed By: Amy Michelle Stein
Source: Nobleblackandpartners
Added: Jul 30 Changed: Nov 8 Last Checked: Nov 8 at 2:59PM

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 Compass

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Investment Insights

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Sponsor studio apartment offered “as is,” with no board approval and no board package. The unit needs renovations, but the building is described as well maintained.

Building amenities and operations include an elevator, a live-in super, and a laundry room on site. Policies are described as flexible, including co-purchasing, pied-à-terres, and subletting permitted after one year. Pets are welcome, and up to 80% financing is allowed.

The building dates to 1905 and includes oversized windows providing southern exposure, along with a separate kitchen and a generous, flexible living area with high ceilings.

Key Highlights

  • Sponsor studio apartment offered as‑is; needs renovations
  • No board approval and no board package included
  • Building includes elevator, live‑in super, and laundry room

Property Analytics

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Location Intelligence

Trade Area within ½ mile

13,422
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Well-maintained studio apartment building with elevator, live-in super, and on-site laundry room; sponsor unit offered as-is.
Where is this residential income property located?
The property is located at 444 E 87th Street 5D Manhattan, NY.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Sponsor studio apartment offered as‑is; needs renovations; No board approval and no board package included; Building includes elevator, live‑in super, and laundry room
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