Residential Property with Private
555 W 149TH Street 1, Manhattan, NY 10031
For Sale
$1,150,000
A two-bedroom duplex condo pairs prewar architectural details with a finished lower level and updated interior features.
Property Size1,967 SF
Days on Market182
Property Features for 555 W 149TH Street 1
General Information
Standard status
Size
Property subtype
Additional Details
HOA Fee
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private gym
wet bar
home office
private outdoor patio
central air conditioning
in-unit washer/dryer
fireplace
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
Tecumta Tiwoni
(646) 717-4516
Source:
Serhant
Added: May 12
Changed: Nov 7
Last Checked: Nov 8 at 1:52PM
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 Serhant
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Investment Insights
Based on property information with market context.
This renovated two-bedroom duplex condo dates to 1920 and retains exposed brick, a marble fireplace, and 9.5-foot ceilings. The finished lower level has 10-foot ceilings, a full bathroom, wet bar, customized gym area, and space used as a home office. Interior features also include central A/C, recessed lighting, and 22 new Anderson windows. A Samsung washer and dryer are included.
The private east-facing outdoor area has wood flooring, Trex fencing, outdoor heating, and electrical outlets. The main bathroom includes Calacatta and Carrera marble finishes, a herringbone marble shower, and a heated towel rack. The secondary bedroom accommodates a queen-size bed.
The private east-facing outdoor area has wood flooring, Trex fencing, outdoor heating, and electrical outlets. The main bathroom includes Calacatta and Carrera marble finishes, a herringbone marble shower, and a heated towel rack. The secondary bedroom accommodates a queen-size bed.
Key Highlights
- Two‑bedroom duplex condo with a finished lower level
- 22 new Anderson windows and central A/C
- Lower level features 10‑foot ceilings, a full bathroom, wet bar, gym area, and home office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,542
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,230,840
$1.2M
Cap Rate 7%
$879,171
$879.2K
Cap Rate 9%
$683,800
$683.8K
Market Conditions
NOI Build-Up for 1,967 SF
Gross rent
$117.8K $59.88/SF
− Vacancy
−$5.9K −$2.99/SF
EGI
$111.9K $56.89/SF
− OpEx
−$50.4K −$25.60/SF
NOI
$61.5K $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%
$1,230,840
Cap Rate 7%
$879,171
Cap Rate 9%
$683,800
Alternative Uses
Best Use
Apartment 5plus
$879.2K
$769.3K – $1.03M
NOI $61,542 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.20M – $1.60M
NOI $96,262 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,193
Businesses Nearby
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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
$678,000
Median Home Value
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Market
Average Price Trend$/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 - A two-bedroom duplex condo pairs prewar architectural details with a finished lower level and updated interior features.
Where is this residential income property located?
The property is located at 555 W 149TH Street 1 Manhattan, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑bedroom duplex condo with a finished lower level; 22 new Anderson windows and central A/C; Lower level features 10‑foot ceilings, a full bathroom, wet bar, gym area, and home office
