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Residential Income Property with Studio Layout

56 W 82ND Street 16, Manhattan, NY 10024

For Sale
$450,000

The 395-square-foot residence has exposed brick, original hardwood flooring, and a kitchen with full-size stainless steel appliances.

Property Size395 SF
Price / SF$1,139
Days on Market186

Property Features for 56 W 82ND Street 16

General Information

Standard status Active
Size 395 SF
Property subtype Apartment

Units

Unit Mix studio
Multifamily Units 1

Additional Details

Furnished No
Public Transit Yes

Amenities

laundry area

Building Details

Building Size 395 SF
Year Built 1900
Listing Agency: Douglas Elliman Real Estate
Listed By: Amedeo B Pelin · License NY 40PE1166694
Source: Blackandwhiteresidential
Added: May 8 Changed: Nov 7 Last Checked: Nov 9 at 1:42PM

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 Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

This studio residence measures 395 square feet and features nearly 12-foot ceilings, original hardwood floors, exposed brick, and built-in storage. The kitchen has full-size stainless steel appliances, and the unit is equipped with through-the-wall air conditioning. The building, completed in 1900, has a cellar laundry area with washers and dryers.

The property is on West 82nd Street in New York City, near Central Park and the American Museum of Natural History. Nearby context includes neighborhood shops, restaurants, cafés, and access to multiple subway and bus lines.

Pied-à-terre use and pets are considered case by case; dogs are not allowed. Subletting is prohibited.

Key Highlights

  • 395‑square‑foot studio residence
  • Nearly 12‑foot ceilings, original hardwood floors, and exposed brick
  • Full‑size stainless steel kitchen appliances and through‑the‑wall air conditioning

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

11,917
Businesses Nearby

Demographics for 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
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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 - The 395-square-foot residence has exposed brick, original hardwood flooring, and a kitchen with full-size stainless steel appliances.
Where is this residential income property located?
The property is located at 56 W 82ND Street 16 Manhattan, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 395‑square‑foot studio residence; Nearly 12‑foot ceilings, original hardwood floors, and exposed brick; Full‑size stainless steel kitchen appliances and through‑the‑wall air conditioning
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