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Residential Income Property with Balcony

609 2ND Avenue 501, Manhattan, NY 10016

For Sale
$1,400,000

The 2023 residence pairs open-plan living space with private outdoor area and in-unit laundry.

Property Size769 SF
Price / SF$1,820
Days on Market270

Property Features for 609 2ND Avenue 501

General Information

Standard status Active
Size 769 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $20,820

Amenities

canopied entrance
lobby with 24/7 staff
Zen garden
rooftop terrace with outdoor kitchen
fitness center
private basketball court
residents' lounge
bicycle room
private storage
in-unit washer/dryer
private balcony

Building Details

Building Size 769 SF
Year Built 2023
Listing Agency: Serhant
Listed By: Glenn Davis · License NY #10301209267
Source: Irynaferenets
Added: Feb 13 Changed: Nov 6 Last Checked: Nov 9 at 8:40AM

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

Rey
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Investment Insights

Based on property information with market context.

This 769-square-foot, one-bedroom, one-bathroom residence has an open living, dining, and kitchen layout, a private balcony, and white oak floors. The kitchen includes Miele appliances, while the bedroom has a reach-in closet. A walk-in shower and in-unit washer and dryer complete the home. The condominium building was constructed in 2023 and offers staffed entry, a fitness center, a basketball court, a residents’ lounge, bicycle storage, and private storage. Residents also have access to a rooftop terrace with seating and an outdoor kitchen, plus a landscaped garden.

The property is in Manhattan’s Kips Bay neighborhood, near St. Vartan Park, the United Nations, and Madison Square Park. Local bus service and multiple subway lines serve the area, and NYC Ferry routes connect to Long Island City, Greenpoint, Williamsburg, and DUMBO. Trader Joe’s and Fairway Market are within a few blocks.

Key Highlights

  • 769 SF, one‑bedroom, one‑bathroom residence
  • Private balcony and in‑unit Miele washer and dryer
  • 2023 construction with staffed entry

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

46,936
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 2023 residence pairs open-plan living space with private outdoor area and in-unit laundry.
Where is this residential income property located?
The property is located at 609 2ND Avenue 501 Manhattan, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 769 SF, one‑bedroom, one‑bathroom residence; Private balcony and in‑unit Miele washer and dryer; 2023 construction with staffed entry
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