Residential Income Property with
For Sale
$1,500,000
Pending
70 Little West Street 5-K, New York City, NY 10004
Two-bedroom condominium residence with custom finishes, integrated appliances, and a flexible den configured for dining.
Property Size1,356 SF
Days on Market126
Property Features for 70 Little West Street 5-K
General Information
Standard status
Pending
Size
1,356 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA + den
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$27,804
Amenities
landscaped roof garden
BBQ grills
pool
steam room
sauna
fitness center
aerobics room
resident's lounge
children's playroom
maid services
valet services
concierge services
24-hour on-site parking
Building Details
Building Size
1,356 SF
Year Built
2008
Listing Agency:
R New York
Listed By:
Morris Saadiyayev
(212) 688-1000
Source:
Carlinwright
Added: Jun 5
Changed: Oct 1
Last Checked: Oct 7 at 5:56PM
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 R New York
Investment Insights
Based on property information with market context.
Located at 70 Little West Street 5-K in New York City, this 1,356-square-foot condominium residence offers two bedrooms, two bathrooms, and a den currently arranged as a dining area. The interior features oak flooring, 11-foot ceilings, floor-to-ceiling windows, motorized shades, and an open kitchen with Sub-Zero, Wolf, and Miele appliances. A granite island, bamboo cabinetry, pantry storage, custom bar, and dual-zone wine refrigerator support entertaining. The primary suite includes California closets and a limestone-finished bathroom with dual vanity, Waterworks fixtures, soaking tub, and oversized shower. The second bedroom includes custom closets and can function as a nursery, office, or guest room. A Bosch washer and dryer are also included.
Building amenities include a landscaped roof garden with two BBQ grills, a 50-foot skylit pool, steam room, sauna, fitness center, aerobics room, resident lounge, children's playroom, concierge, valet services, maid services, and 24-hour on-site parking. The property is near parks, the esplanade, Wall Street, Brookfield Place, The Oculus, dining, retail, and multiple subway, ferry, and PATH connections. The building was completed in 2008.
Building amenities include a landscaped roof garden with two BBQ grills, a 50-foot skylit pool, steam room, sauna, fitness center, aerobics room, resident lounge, children's playroom, concierge, valet services, maid services, and 24-hour on-site parking. The property is near parks, the esplanade, Wall Street, Brookfield Place, The Oculus, dining, retail, and multiple subway, ferry, and PATH connections. The building was completed in 2008.
Key Highlights
- 1,356 SF residence with 2 bedrooms, 2 bathrooms, and a den
- 11‑foot ceilings and floor‑to‑ceiling windows provide an expansive living environment
- Kitchen includes Sub‑Zero, Wolf, and Miele appliances plus dual‑zone wine storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,426
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,520
$848.5K
Cap Rate 7%
$606,086
$606.1K
Cap Rate 9%
$471,400
$471.4K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$81.2K $59.88/SF
− Vacancy
−$4.1K −$2.99/SF
EGI
$77.1K $56.89/SF
− OpEx
−$34.7K −$25.60/SF
NOI
$42.4K $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%
$848,520
Cap Rate 7%
$606,086
Cap Rate 9%
$471,400
Alternative Uses
Best Use
Apartment 5plus
$606.1K
$530.3K – $707.1K
NOI $42,426 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.38M
$2.95M – $3.94M
NOI $236,269 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
29,953
Businesses Nearby
Explore this area
Business Placement
Demographics for 10004, NY
4,287
Population
2,146
Households
2
Avg Household Size
35
Median Age
91%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
8,574
Density / Sq Mi
$220,592
Median Household Income
$136,348
Median Earnings
$3,501
Median Rent
$1,866,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium residence with custom finishes, integrated appliances, and a flexible den configured for dining.
Where is this residential income property located?
The property is located at 70 Little West Street 5-K New York City, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1,356 SF residence with 2 bedrooms, 2 bathrooms, and a den; 11‑foot ceilings and floor‑to‑ceiling windows provide an expansive living environment; Kitchen includes Sub‑Zero, Wolf, and Miele appliances plus dual‑zone wine storage
