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Residential Income Property with Rooftop Terrace
New
For Sale
$2,650,000

501 3RD Avenue PHD, New York City, NY 10016

The residence combines two bedrooms with a dedicated home office and in-unit laundry.

Property Size1,218 SF
Price / SF$2,175
Days on Market4

Property Features for 501 3RD Avenue PHD

General Information

Standard status Active
Size 1,218 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $28,944

Building Details

Building Size 1,218 SF
Year Built 2021
Listing Agency: Douglas Elliman Real Estate
Listed By: McKenzie Ryan · License #10301223126
Source: Carytamura
Added: Sep 28 Changed: Sep 30 Last Checked: Sep 30 at 2:01PM

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.

Built in 2021, this 1,218-square-foot residence has two bedrooms and a home office, with skyline views. Interior finishes include white oak flooring and cabinetry, marble kitchen counters, and marble bathroom surfaces. The kitchen is equipped with Miele appliances, while a Bosch washer and dryer are located in the residence. The bath includes a soaking tub and a separate glass-enclosed shower.

Building amenities include a landscaped rooftop terrace, a fitness center with a yoga room, and a residents’ lounge with a kitchen, billiards, television area, and seating. 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, and is near NYU’s campus and shuttle service. Restaurants and airport access are also noted among the surrounding conveniences.

Key Highlights

  • 1,218‑square‑foot residence with two bedrooms and a home office
  • Completed in 2021
  • In‑unit Bosch 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.

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 two bedrooms with a dedicated home office and in-unit laundry.
Where is this residential income property located?
The property is located at 501 3RD Avenue PHD New York City, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 1,218‑square‑foot residence with two bedrooms and a home office; Completed in 2021; In‑unit Bosch washer and dryer
More about this property
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