Prewar Residential Income
750 Riverside Drive 4C, New York City, NY 10031
For Sale
$425,000
Across from Riverside Park, the apartment combines a flexible living area with a separate bedroom and galley kitchen.
Property Size650 SF
Price / SF$653.85
Days on Market50
Property Features for 750 Riverside Drive 4C
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
laundry in building
voice intercom system
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Grigor N Licul
(917) 538-8555
Source:
Carlinwright
Added: Sep 21
Changed: Nov 2
Last Checked: Nov 8 at 11:21AM
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 650-square-foot prewar residence has an entry foyer, a flexible living area, and a separate bedroom with generous closet space. A galley kitchen includes space for casual dining, while an additional area can accommodate dining or a work setup. The building has an elevator, laundry facilities, and a voice intercom system. Built in 1920, the property is located at 750 Riverside Drive, apartment 4C.
Riverside Park is directly across the street, with paths, lawns, and playgrounds. The location also has access to the 1, A, and C trains, bus lines, and nearby highway access. City College, Columbia University, and NewYork-Presbyterian are among the institutions in the surrounding area.
Riverside Park is directly across the street, with paths, lawns, and playgrounds. The location also has access to the 1, A, and C trains, bus lines, and nearby highway access. City College, Columbia University, and NewYork-Presbyterian are among the institutions in the surrounding area.
Key Highlights
- 650‑square‑foot prewar residence in a building constructed in 1920
- Separate bedroom with generous closet space
- Flexible living area and an additional space for dining or work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,337
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,740
$406.7K
Cap Rate 7%
$290,529
$290.5K
Cap Rate 9%
$225,967
$226.0K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$38.9K $59.88/SF
− Vacancy
−$1.9K −$2.99/SF
EGI
$37.0K $56.89/SF
− OpEx
−$16.6K −$25.60/SF
NOI
$20.3K $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%
$406,740
Cap Rate 7%
$290,529
Cap Rate 9%
$225,967
Alternative Uses
Best Use
Apartment 5plus
$290.5K
$254.2K – $339.0K
NOI $20,337 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.4K
$397.6K – $530.2K
NOI $31,810 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,330
Businesses Nearby
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Business Placement
Demographics for 10031, NY
56,363
Population
24,110
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
79%
High-School Grad
0.7 sq mi
ZIP Area
80,519
Density / Sq Mi
$65,067
Median Household Income
$41,149
Median Earnings
$1,787
Median Rent
$678,000
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - Across from Riverside Park, the apartment combines a flexible living area with a separate bedroom and galley kitchen.
Where is this residential income property located?
The property is located at 750 Riverside Drive 4C New York City, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 650‑square‑foot prewar residence in a building constructed in 1920; Separate bedroom with generous closet space; Flexible living area and an additional space for dining or work
