Multifamily
596 W 152nd Street, Manhattan, NY 10031
For Sale
New
$2,200,000
The vacant building gives a new owner direct control over leasing and property planning.
Property Size3,328 SF
Price / SF$661.06
Days on Market4
Property Features for 596 W 152nd Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Compass
Listed By:
Ehud Eliasi
(646) 382-7378
Source:
Carlinwright
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 10:36AM
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 Compass
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Investment Insights
Based on property information with market context.
This 3,328-square-foot multifamily townhouse was built in 1900 and is being offered vacant. The unoccupied condition allows a buyer to determine the leasing approach and consider renovations, subject to applicable approvals and regulations.
The property is on West 152nd Street in Manhattan, just off Broadway. The nearby 1 train provides public transit access, and Columbia University's Manhattanville campus, Columbia University Irving Medical Center, and The City College of New York are identified among nearby institutions.
The property is on West 152nd Street in Manhattan, just off Broadway. The nearby 1 train provides public transit access, and Columbia University's Manhattanville campus, Columbia University Irving Medical Center, and The City College of New York are identified among nearby institutions.
Key Highlights
- 3,328‑square‑foot multifamily property
- Built in 1900
- Offered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,124
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,082,480
$2.1M
Cap Rate 7%
$1,487,486
$1.5M
Cap Rate 9%
$1,156,933
$1.2M
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$199.3K $59.88/SF
− Vacancy
−$10.0K −$2.99/SF
EGI
$189.3K $56.89/SF
− OpEx
−$85.2K −$25.60/SF
NOI
$104.1K $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%
$2,082,480
Cap Rate 7%
$1,487,486
Cap Rate 9%
$1,156,933
Alternative Uses
Best Use
Apartment 5plus
$1.49M
$1.30M – $1.74M
NOI $104,124 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.28M
$7.25M – $9.66M
NOI $579,871 @ 7.0% cap · market cap 26.36%
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
Location Intelligence
Trade Area within ½ mile
4,977
Businesses Nearby
Explore this area
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
$678,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Manhattan, NY
Properties on Market for Multifamily properties in Manhattan
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The vacant building gives a new owner direct control over leasing and property planning.
Where is this multifamily property located?
The property is located at 596 W 152nd Street Manhattan, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3,328‑square‑foot multifamily property; Built in 1900; Offered vacant
