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Residential Income Property with Hardwood Floors

524 W 152ND Street 10, Manhattan, NY 10031

For Sale
$295,000

Two-bedroom HDFC co-op apartment on the third floor of a walk-up building with storage and access to multiple transit options.

Property Size675 SF
Price / SF$437.04
Days on Market244

Property Features for 524 W 152ND Street 10

General Information

Standard status Active
Size 675 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Amenities

live-in super
Runwise smart boiler system

Building Details

Building Size 675 SF
Year Built 1900
Listing Agency: Corcoran Group
Listed By: Caitlyn Arianna Santander · License NY #10401353493
Source: Carlinwright
Added: Mar 11 Changed: Nov 7 Last Checked: Nov 8 at 1:53PM

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

Rey
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Investment Insights

Based on property information with market context.

This two-bedroom HDFC co-op apartment occupies the third floor of a walk-up building constructed in 1900. The approximately 675-square-foot layout includes hardwood floors and abundant storage, with renovation needed to customize the living space. The building has a live-in superintendent and a Runwise smart boiler system.

The property is near subway service on the 1 and C lines, Broadway bus routes, the BX6, and the West Side Highway via 158th Street. Riverbank State Park and Highbridge Park are also nearby. HDFC ownership requirements include primary-residence use and income eligibility tied to 165% of the 2025 Area Median Income. Pets are not permitted, and showings are available by appointment.

Key Highlights

  • Two‑bedroom HDFC co‑op apartment with approximately 675 square feet
  • Third‑floor unit in a walk‑up building constructed in 1900
  • Hardwood floors and abundant storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,119
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,380 $422.4K
Cap Rate 7%
$301,700 $301.7K
Cap Rate 9%
$234,656 $234.7K
Market Conditions
NOI Build-Up for 675 SF
Gross rent
$40.4K $59.88/SF
− Vacancy
−$2.0K −$2.99/SF
EGI
$38.4K $56.89/SF
− OpEx
−$17.3K −$25.60/SF
NOI
$21.1K $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%
$422,380
Cap Rate 7%
$301,700
Cap Rate 9%
$234,656

Alternative Uses

Best Use
Apartment 5plus
$301.7K
$264.0K – $352.0K (±1% cap)
NOI $21,119 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.9K
$412.9K – $550.6K (±1% cap)
NOI $33,033 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,977
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-bedroom HDFC co-op apartment on the third floor of a walk-up building with storage and access to multiple transit options.
Where is this residential income property located?
The property is located at 524 W 152ND Street 10 Manhattan, NY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑bedroom HDFC co‑op apartment with approximately 675 square feet; Third‑floor unit in a walk‑up building constructed in 1900; Hardwood floors and abundant storage space
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