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Three-Bedroom Residential Income Property

68 Bradhurst Avenue 7H, Manhattan, NY 10039

For Sale
New
$950,000

Updated interiors, a split-bedroom plan, and individually controlled room temperatures distinguish this Manhattan condominium.

Property Size1,208 SF
Price / SF$786.42
Days on Market4

Property Features for 68 Bradhurst Avenue 7H

General Information

Standard status Active
Size 1,208 SF
Property subtype Apartment

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $178

Amenities

fitness center
landscaped courtyard
children's play area
central laundry facilities

Building Details

Building Size 1,208 SF
Year Built 2005
Listing Agency: CORE Group Marketing LLC
Listed By: Sargis Mosyan
Source: Carlinwright
Added: Nov 12 Changed: Nov 14 Last Checked: Nov 14 at 2:04PM

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 CORE Group Marketing LLC

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Investment Insights

Based on property information with market context.

This 1,208-square-foot condominium at The Langston has three bedrooms, two bathrooms, nine-foot ceilings, and southern and eastern exposures. New flooring and a split-bedroom arrangement complement an open living and dining area, while the kitchen is fitted with a gas range, dishwasher, built-in microwave, stainless steel refrigerator, pantry storage, and an all-in-one laundry center. The primary suite includes a walk-in closet and a bathroom with a glass-enclosed shower; two additional bedrooms and a second full bath occupy the opposite side of the home. Temperature controls are zoned by room.

Completed in 2005, the full-service building has a live-in superintendent and a 24-hour doorman. Residents have access to a fitness center, landscaped courtyard with a children’s play area, central laundry facilities, and on-site parking for an additional fee. The property is across from Jackie Robinson Park, which includes a pool, recreation center, athletic fields, courts, and open green areas. A Super Foodtown is across the street, with dining and shopping options nearby. Subway service on the A, B, C, and D lines, bus routes, and Citi Bike stations serve the area.

The residence has three bedrooms and a two-bath layout. Unit owners have a tax abatement through 2032.

Key Highlights

  • 1,208‑square‑foot condominium with three bedrooms and two bathrooms
  • New flooring, nine‑foot ceilings, and southern and eastern exposures
  • Gas range, dishwasher, built‑in microwave, stainless steel refrigerator, and all‑in‑one laundry center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,795
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,900 $755.9K
Cap Rate 7%
$539,929 $539.9K
Cap Rate 9%
$419,944 $419.9K
Market Conditions
NOI Build-Up for 1,208 SF
Gross rent
$72.3K $59.88/SF
− Vacancy
−$3.6K −$2.99/SF
EGI
$68.7K $56.89/SF
− OpEx
−$30.9K −$25.60/SF
NOI
$37.8K $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%
$755,900
Cap Rate 7%
$539,929
Cap Rate 9%
$419,944

Alternative Uses

Best Use
Apartment 5plus
$539.9K
$472.4K – $629.9K (±1% cap)
NOI $37,795 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$844.5K
$739.0K – $985.3K (±1% cap)
NOI $59,118 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,890
Businesses Nearby

Demographics for 10039, NY

29,239
Population
13,300
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
81%
High-School Grad
0.3 sq mi
ZIP Area
97,463
Density / Sq Mi
$48,792
Median Household Income
$36,142
Median Earnings
$1,211
Median Rent
$478,200
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 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 - Updated interiors, a split-bedroom plan, and individually controlled room temperatures distinguish this Manhattan condominium.
Where is this residential income property located?
The property is located at 68 Bradhurst Avenue 7H Manhattan, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,208‑square‑foot condominium with three bedrooms and two bathrooms; New flooring, nine‑foot ceilings, and southern and eastern exposures; Gas range, dishwasher, built‑in microwave, stainless steel refrigerator, and all‑in‑one laundry center
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