Residential Income Property For
64 MACDOUGAL Street 15, Manhattan, NY 10012
For Sale
$650,000
Residential income property available for purchase in New York.
Property Size590 SF
Days on Market541
Property Features for 64 MACDOUGAL Street 15
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
David Rosen
(917) 524-9680
Source:
Serhant
Added: May 16, 2025
Changed: Nov 5
Last Checked: Nov 6 at 5:19PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A residential income property is available for sale. The list price is $700,000.
Key Highlights
- Year Built: 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,460
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,200
$369.2K
Cap Rate 7%
$263,714
$263.7K
Cap Rate 9%
$205,111
$205.1K
Market Conditions
NOI Build-Up for 590 SF
Gross rent
$35.3K $59.88/SF
− Vacancy
−$1.8K −$2.99/SF
EGI
$33.6K $56.89/SF
− OpEx
−$15.1K −$25.60/SF
NOI
$18.5K $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%
$369,200
Cap Rate 7%
$263,714
Cap Rate 9%
$205,111
Alternative Uses
Best Use
Apartment 5plus
$263.7K
$230.8K – $307.7K
NOI $18,460 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.71M
NOI $102,802 @ 7.0% cap · market cap 15.82%
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
28,746
Businesses Nearby
Explore this area
Business Placement
Demographics for 10012, NY
23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Manhattan, NY
Properties on Market for Apartment buildings in Manhattan
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Residential income property available for purchase in New York.
Where is this apartment building located?
The property is located at 64 MACDOUGAL Street 15 Manhattan, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Year Built: 1920
