Residential Income Property with
New
For Sale
$1,099,000
519 W 135th Street 5B, New York City, NY 10031
The residence includes in-unit laundry, hardwood flooring, and updated bathrooms.
Property Size1,328 SF
Price / SF$827.56
Days on Market4
Property Features for 519 W 135th Street 5B
General Information
Standard status
Active
Size
1,328 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$8,904
Amenities
private terrace
video entrance
intercom system
Building Details
Building Size
1,328 SF
Year Built
2002
Listing Agency:
Redfin Real Estate
Listed By:
Peter C Forcey
(917) 653-9743
Source:
Serhant
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 7 at 4:58PM
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 Redfin Real Estate
Investment Insights
Based on property information with market context.
This 1,328-square-foot residence has three bedrooms and two bathrooms, with hardwood flooring, a full kitchen, and updated baths. An in-unit washer and dryer and wall-mounted air conditioners are also included. The home faces the rear of the building and has a private terrace. The building, completed in 2002, features a video-entry system and intercom.
Heat, cooking gas, hot water, and cold water are included. The property is near shopping, restaurants, public transportation, and several universities, with access to destinations throughout Manhattan.
Heat, cooking gas, hot water, and cold water are included. The property is near shopping, restaurants, public transportation, and several universities, with access to destinations throughout Manhattan.
Key Highlights
- Three bedrooms and two bathrooms across 1,328 square feet
- Private terrace and rear‑facing position
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,550
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,000
$831.0K
Cap Rate 7%
$593,571
$593.6K
Cap Rate 9%
$461,667
$461.7K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$79.5K $59.88/SF
− Vacancy
−$4.0K −$2.99/SF
EGI
$75.5K $56.89/SF
− OpEx
−$34.0K −$25.60/SF
NOI
$41.5K $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%
$831,000
Cap Rate 7%
$593,571
Cap Rate 9%
$461,667
Alternative Uses
Best Use
Apartment 5plus
$593.6K
$519.4K – $692.5K
NOI $41,550 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.31M
$2.89M – $3.86M
NOI $231,391 @ 7.0% cap · market cap 21.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,960
Businesses Nearby
Explore this area
Business Placement
Demographics for 10031, NY
56,363
Population
24,110
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
79%
High-School Grad
0.7 sq mi
ZIP Area
80,519
Density / Sq Mi
$65,067
Median Household Income
$41,149
Median Earnings
$1,787
Median Rent
$678,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes in-unit laundry, hardwood flooring, and updated bathrooms.
Where is this residential income property located?
The property is located at 519 W 135th Street 5B New York City, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms across 1,328 square feet; Private terrace and rear‑facing position; In‑unit washer and dryer
