Residential Income Property with Garden
553 W 182ND Street 1, New York City, NY 10033
For Sale
$948,000
A two-level layout combines three bedrooms and an open kitchen with a private garden patio.
Property Size931 SF
Price / SF$1,018
Days on Market152
Property Features for 553 W 182ND Street 1
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
private patio
garden
in-unit washer/dryer
high ceilings
oversized windows
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Whitney S Osentoski · License #40OS1071061
(212) 381-2560
Source:
Dallien
Added: Jun 11
Changed: Nov 8
Last Checked: Nov 8 at 8:07PM
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 Brown Harris Stevens Residential Sales LLC
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Investment Insights
Based on property information with market context.
This three-bedroom, two-bath residence has 931 square feet of interior space and a private 619-square-foot patio and garden arranged across two levels. The primary suite faces the garden and includes an en-suite bathroom with heated floors, a soaking tub, glass shower, and floating vanity. Two additional bedrooms share a hall bathroom. The open kitchen offers bar seating, custom cabinetry, quartz countertops, and appliances that include a dishwasher, wine refrigerator, cooktop, convection oven, and microwave. A washer and dryer are also included.
The residence features separate patio areas for dining and lounging, oversized windows, and generous ceiling heights. Built in 2019, it is identified as a residence at La Mariposa. The floor plan places the primary suite at one end, with the other bedrooms at the opposite end.
The residence features separate patio areas for dining and lounging, oversized windows, and generous ceiling heights. Built in 2019, it is identified as a residence at La Mariposa. The floor plan places the primary suite at one end, with the other bedrooms at the opposite end.
Key Highlights
- Three bedrooms and two bathrooms across 931 square feet of interior space
- Private 619‑square‑foot patio and garden on two levels
- Primary suite faces the garden and includes an en‑suite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,128
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,560
$582.6K
Cap Rate 7%
$416,114
$416.1K
Cap Rate 9%
$323,644
$323.6K
Market Conditions
NOI Build-Up for 931 SF
Gross rent
$55.7K $59.88/SF
− Vacancy
−$2.8K −$2.99/SF
EGI
$53.0K $56.89/SF
− OpEx
−$23.8K −$25.60/SF
NOI
$29.1K $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%
$582,560
Cap Rate 7%
$416,114
Cap Rate 9%
$323,644
Alternative Uses
Best Use
Apartment 5plus
$416.1K
$364.1K – $485.5K
NOI $29,128 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$650.9K
$569.5K – $759.4K
NOI $45,562 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
7,361
Businesses Nearby
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Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - A two-level layout combines three bedrooms and an open kitchen with a private garden patio.
Where is this residential income property located?
The property is located at 553 W 182ND Street 1 New York City, NY.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms across 931 square feet of interior space; Private 619‑square‑foot patio and garden on two levels; Primary suite faces the garden and includes an en‑suite bathroom
