Residential Income Property with
519 E 86th Street 1A, Manhattan, NY 10028
For Sale
$750,000
Elevated first-floor co-op residence with two ensuite bedrooms, updated windows, and deeded supplemental storage.
Property Size1,100 SF
Price / SF$681.82
Days on Market182
Property Features for 519 E 86th Street 1A
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
attended lobby
doorman
bike room
storage cage
live-in super
new wall-through A/C
new windows
Building Details
Building Size
Year Built
Listing Agency:
Corcoran Group
Listed By:
Mary Smith
(347) 233-4676
Source:
Howardhannanyc
Added: May 12
Changed: Nov 9
Last Checked: Nov 8 at 12:26PM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
This 1,100-square-foot co-op residence occupies an elevated first-floor position in a 1939 pre-war building. The layout includes a foyer, living and dining areas, a windowed kitchen with modern appliances and dishwasher, two bedrooms, and two ensuite baths. The primary bedroom includes a dressing room and substantial closet space, while the second bedroom features built-in bookshelves. Multiple in-unit closets are complemented by a deeded storage unit. Updated windows and a new wall-through air-conditioning system are also in place.
Building features include a doorman from 4pm-12pm, a live-in superintendent, laundry permitted in the unit, a bike room, and pet permission. The property is located on East 86th Street in Manhattan’s Upper East Side, near Central Park, the Metropolitan Museum of Art, the Guggenheim, shopping, dining, and public transportation serving the Q and 4/5/6 trains.
Building features include a doorman from 4pm-12pm, a live-in superintendent, laundry permitted in the unit, a bike room, and pet permission. The property is located on East 86th Street in Manhattan’s Upper East Side, near Central Park, the Metropolitan Museum of Art, the Guggenheim, shopping, dining, and public transportation serving the Q and 4/5/6 trains.
Key Highlights
- 1,100‑square‑foot co‑op residence in a 1939 pre‑war building
- Two bedrooms with ensuite baths; primary bedroom includes a dressing room
- Deeded large storage cage conveys with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,416
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,320
$688.3K
Cap Rate 7%
$491,657
$491.7K
Cap Rate 9%
$382,400
$382.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$65.9K $59.88/SF
− Vacancy
−$3.3K −$2.99/SF
EGI
$62.6K $56.89/SF
− OpEx
−$28.2K −$25.60/SF
NOI
$34.4K $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%
$688,320
Cap Rate 7%
$491,657
Cap Rate 9%
$382,400
Alternative Uses
Best Use
Apartment 5plus
$491.7K
$430.2K – $573.6K
NOI $34,416 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.0K
$672.9K – $897.2K
NOI $53,832 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
12,889
Businesses Nearby
Explore this area
Business Placement
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Elevated first-floor co-op residence with two ensuite bedrooms, updated windows, and deeded supplemental storage.
Where is this residential income property located?
The property is located at 519 E 86th Street 1A Manhattan, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,100‑square‑foot co‑op residence in a 1939 pre‑war building; Two bedrooms with ensuite baths; primary bedroom includes a dressing room; Deeded large storage cage conveys with the sale
