546 W 188th St, New York, NY 10040
Four free market apartments, renovated in 2020, with washer/dryer.
- Added:
- Feb 19, 2026
- Days on Market:
- 127
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 546 W 188th St
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1890
Listing office Realty Executives Astoria (718) 274-2400
Listing date Feb 19, 2026
Source Crexi
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 Realty Executives Astoria
HighLights
- High NOI: $99,095
- Four Free Market Apartments
- Four‑Family Apartment Building
- Enjoy the convenience of a Washer/Dryer in Each Unit
- Renovated in 2020
- Located in New York, NY 10040
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.8k | $51.00 |
| − Vacancy | −$10.1k | −$2.65 |
| EGI | $183.7k | $48.35 |
| − OpEx | −$55.1k | −$14.50 |
| NOI | $128.6k | $33.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9296021
- Latitude
- 40.8531591
