Renovated One-Bedroom Income
77 Bleecker Street 614, New York City, NY 10012
For Sale
$475,000
High-floor residence with a redesigned kitchen, separate dining area, and full-service co-op amenities.
Property Size500 SF
Price / SF$950
Days on Market61
Property Features for 77 Bleecker Street 614
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Lance Nu-Che
(703) 599-0454
Source:
Miradorrealestate
Added: Sep 10
Changed: Nov 4
Last Checked: Nov 8 at 12:15PM
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
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This high-floor, one-bedroom residence at 77 Bleecker Street features a full renovation with new hardwood flooring, upgraded electrical work, and new HVAC/PTAC units. The redesigned kitchen includes new cabinetry, countertops, fixtures, and appliances, while a separate dining area and custom dry bar support everyday use and entertaining. Oversized west-facing windows overlook a landscaped courtyard, and the expanded custom closet adds storage. The bathroom has been updated with new tilework and contemporary fixtures.
Built in 1930, the pet-friendly full-service co-op provides a 24-hour doorman, live-in superintendent, laundry, recycling and trash chutes on every floor, a bike room, and private basement storage. The property is located on Bleecker Street in New York City’s NoHo/Greenwich Village area, near Washington Square Park, restaurants, boutique shopping, movie theaters, a 24-hour grocery store, and major subway lines.
Built in 1930, the pet-friendly full-service co-op provides a 24-hour doorman, live-in superintendent, laundry, recycling and trash chutes on every floor, a bike room, and private basement storage. The property is located on Bleecker Street in New York City’s NoHo/Greenwich Village area, near Washington Square Park, restaurants, boutique shopping, movie theaters, a 24-hour grocery store, and major subway lines.
Key Highlights
- One‑bedroom residence on a high floor with west‑facing courtyard views
- Renovated kitchen with new cabinetry, appliances, countertops, and fixtures
- New hardwood flooring, upgraded electrical work, and HVAC/PTAC units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,644
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,880
$312.9K
Cap Rate 7%
$223,486
$223.5K
Cap Rate 9%
$173,822
$173.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$29.9K $59.88/SF
− Vacancy
−$1.5K −$2.99/SF
EGI
$28.4K $56.89/SF
− OpEx
−$12.8K −$25.60/SF
NOI
$15.6K $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%
$312,880
Cap Rate 7%
$223,486
Cap Rate 9%
$173,822
Alternative Uses
Best Use
Apartment 5plus
$223.5K
$195.6K – $260.7K
NOI $15,644 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.6K
$305.9K – $407.8K
NOI $24,469 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
34,283
Businesses Nearby
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Business Placement
Demographics for 10012, NY
23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in New York City, NY
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Frequently Asked Questions
What type of property is this?
Residential income property - High-floor residence with a redesigned kitchen, separate dining area, and full-service co-op amenities.
Where is this residential income property located?
The property is located at 77 Bleecker Street 614 New York City, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: One‑bedroom residence on a high floor with west‑facing courtyard views; Renovated kitchen with new cabinetry, appliances, countertops, and fixtures; New hardwood flooring, upgraded electrical work, and HVAC/PTAC units
