Renovated One-Bedroom
71 Nassau Street 4D, Manhattan, NY 10038
For Sale
$849,000
The apartment combines 10-foot ceilings, updated interiors, and the convenience of an in-unit washer and dryer.
Property Size822 SF
Price / SF$1,032
Days on Market43
Property Features for 71 Nassau Street 4D
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
24-hour attended lobby
live-in superintendent
fitness center
landscaped roof deck
grilling area
in-unit washer/dryer
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Alexander Mignogna
(410) 456-8875
Source:
Blackandwhiteresidential
Added: Sep 28
Changed: Nov 7
Last Checked: Nov 8 at 12:09PM
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 822-square-foot condominium at The Croft has one bedroom, a renovated bathroom, and an open living area with space for dining. Ten-foot ceilings add volume, while the kitchen features a Sub-Zero refrigerator, Bosch dishwasher, and Bosch oven and range with exterior venting. The bedroom accommodates a king bed and includes a walk-in closet. An in-unit washer and dryer are also included. The building dates to 1906.
Residents have access to a 24-hour attended lobby, fitness center, live-in superintendent, and landscaped roof deck with grilling area. The property is near Fulton Street station, with R/W, 1, and PATH service also within walking distance. Building work has included facade restoration, structural steel work, and repairs throughout.
Residents have access to a 24-hour attended lobby, fitness center, live-in superintendent, and landscaped roof deck with grilling area. The property is near Fulton Street station, with R/W, 1, and PATH service also within walking distance. Building work has included facade restoration, structural steel work, and repairs throughout.
Key Highlights
- 822‑square‑foot one‑bedroom condominium
- 10‑foot ceilings and an open living area with room for dining
- Kitchen includes Sub‑Zero refrigerator, Bosch dishwasher, and Bosch oven and range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,718
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,360
$514.4K
Cap Rate 7%
$367,400
$367.4K
Cap Rate 9%
$285,756
$285.8K
Market Conditions
NOI Build-Up for 822 SF
Gross rent
$49.2K $59.88/SF
− Vacancy
−$2.5K −$2.99/SF
EGI
$46.8K $56.89/SF
− OpEx
−$21.0K −$25.60/SF
NOI
$25.7K $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%
$514,360
Cap Rate 7%
$367,400
Cap Rate 9%
$285,756
Alternative Uses
Best Use
Apartment 5plus
$367.4K
$321.5K – $428.6K
NOI $25,718 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$574.7K
$502.8K – $670.5K
NOI $40,227 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
35,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 10038, NY
25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - The apartment combines 10-foot ceilings, updated interiors, and the convenience of an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 71 Nassau Street 4D Manhattan, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 822‑square‑foot one‑bedroom condominium; 10‑foot ceilings and an open living area with room for dining; Kitchen includes Sub‑Zero refrigerator, Bosch dishwasher, and Bosch oven and range
