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Residential Income Property with Terrace
New
For Sale
$1,399,000

501 3RD Avenue 11B, New York City, NY 10016

The residence combines a den, wraparound outdoor space, and in-unit laundry with building-wide amenities.

Property Size907 SF
Price / SF$1,542
Days on Market3

Property Features for 501 3RD Avenue 11B

General Information

Standard status Active
Size 907 SF
Property subtype Apartment

Units

Unit Mix 1BR+Den
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $19,488

Amenities

in-unit washer/dryer
white oak plank flooring
white marble kitchen countertops
Miele kitchen appliances
custom kitchen cabinetry
wine refrigerator
marble bathrooms
custom white oak vanity
soaking tub and glass shower
rooftop terrace
fitness center
yoga room
resident's lounge
doorman
onsite resident manager
bike room
laundry room

Building Details

Building Size 907 SF
Year Built 2021
Listing Agency: Douglas Elliman Real Estate
Listed By: McKenzie Ryan · License #10301223126
Source: Nobleblackandpartners
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 11:54AM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

At 501 3rd Avenue, this 907-square-foot residence was built in 2021 and features one bedroom, a den, and a wraparound terrace. Interior finishes include white oak plank flooring, marble kitchen counters, custom oak cabinetry, and Miele appliances, along with a wine refrigerator and Bosch washer and dryer. The bathrooms have marble floors and walls, a Kohler soaking tub, and a separate glass-enclosed shower.

Building amenities include a landscaped rooftop terrace, a fitness center with a yoga room on the 34th floor, and a top-floor resident lounge with a kitchen and billiards area. A full-time doorman and on-site resident manager are also provided, along with a bike room and laundry room.

The property is two blocks from Trader Joe’s and the 6 train, with NYU’s campus and shuttle nearby. Restaurants and airport access are also noted in the listing information.

Key Highlights

  • 907 square feet with one bedroom, a den, and a wraparound terrace
  • Built in 2021
  • Miele kitchen appliances, a wine refrigerator, and Bosch in‑residence washer and dryer

Property Analytics

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Current Use

Eastlight Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Parking Lot & Garage Plumbing Service

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,816
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - The residence combines a den, wraparound outdoor space, and in-unit laundry with building-wide amenities.
Where is this residential income property located?
The property is located at 501 3RD Avenue 11B New York City, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 907 square feet with one bedroom, a den, and a wraparound terrace; Built in 2021; Miele kitchen appliances, a wine refrigerator, and Bosch in‑residence washer and dryer
More about this property
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