Condominium with Private
For Sale
$950,000
753 E 5TH Street 3A, New York City, NY 10009
An 867-square-foot residence combines two bedrooms and two full bathrooms with in-unit laundry and shared rooftop space.
Property Size867 SF
Price / SF$1,095
Days on Market27
Property Features for 753 E 5TH Street 3A
General Information
Standard status
Active
Size
867 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$19,836
Amenities
private balcony
shared roof deck
communal storage
in-unit washer and dryer
through-wall air conditioning
Building Details
Building Size
867 SF
Year Built
2004
Listing Agency:
Corcoran Group
Listed By:
Alexandra Clarke · License #10301220725 (NY)
(646) 789-2498
Source:
Carytamura
Added: Oct 9
Changed: Oct 31
Last Checked: Nov 3 at 1:17PM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
This 867-square-foot condominium has two bedrooms, two full bathrooms, and an open living and dining area. Southern and eastern exposures bring natural light indoors, while a private balcony provides outdoor space. The kitchen includes a stainless-steel refrigerator, dishwasher, microwave, and five-burner range. Refinished hardwood floors, high ceilings, five closets, through-wall air conditioning, and an in-unit washer and dryer complete the interior. The building was constructed in 2004.
Residents also have access to a shared roof deck and communal storage. The property is at 753 E 5th Street in New York City, in the East Village.
Residents also have access to a shared roof deck and communal storage. The property is at 753 E 5th Street in New York City, in the East Village.
Key Highlights
- 867‑square‑foot condominium with two bedrooms and two full bathrooms
- Private balcony; building also has a shared roof deck
- Open living and dining area with southern and eastern exposures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,126
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,520
$542.5K
Cap Rate 7%
$387,514
$387.5K
Cap Rate 9%
$301,400
$301.4K
Market Conditions
NOI Build-Up for 867 SF
Gross rent
$51.9K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$49.3K $56.89/SF
− OpEx
−$22.2K −$25.60/SF
NOI
$27.1K $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%
$542,520
Cap Rate 7%
$387,514
Cap Rate 9%
$301,400
Alternative Uses
Best Use
Apartment 5plus
$387.5K
$339.1K – $452.1K
NOI $27,126 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,066 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,246
Businesses Nearby
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Business Placement
Demographics for 10009, NY
61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An 867-square-foot residence combines two bedrooms and two full bathrooms with in-unit laundry and shared rooftop space.
Where is this residential income property located?
The property is located at 753 E 5TH Street 3A New York City, 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: 867‑square‑foot condominium with two bedrooms and two full bathrooms; Private balcony; building also has a shared roof deck; Open living and dining area with southern and eastern exposures
