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Duplex with Two Three-Bed Units
New
For Sale
$1,888,000

77 Park Ter W, New York, NY 10034

Two three-bedroom apartments in a 1920 duplex with hardwood floors, finished basement, and a private two-car garage.

Property Size2,036 SF
Days on Market7

Property Features for 77 Park Ter W

General Information

Standard status Active
Size 2,036 SF
Total Parking Spaces 2
Property subtype Multi Family

Amenities

Hardwood floors throughout
Finished basement
Unfinished attic with expansion possibilities
Excellent storage space

Building Details

Building Size 2,036 SF
Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency:
Listed By: Evelyn Jerez
Source: Elliman
Added: Jul 29 Changed: Jul 30 Last Checked: Aug 4 at 9:30AM

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 Evelyn Jerez

Investment Insights

Based on property information with market context.

77 Park Ter W is a duplex configured as two generous three-bedroom apartments within a home built in 1920. Hardwood floors throughout add to the classic interior character, while spacious room layouts support flexible day-to-day living for families, professionals, or multi-generational households.

The property includes a finished basement that provides additional bonus space, along with an unfinished attic that offers potential for future expansion, customization, or extra storage. A private two-car garage adds secure parking and further storage—an important convenience for a duplex home.

BikeScore of 61 (Bikeable), WalkScore of 85 (Very Walkable), and a TransitScore of 100 (Rider’s Paradise) reflect strong non-vehicular access to local destinations. The home is near parks and the Hudson River Greenway, and it is positioned close to restaurants, cafés, shopping, and transportation.

Key Highlights

  • Duplex configured as two three‑bedroom apartments
  • Finished basement adds usable bonus space
  • Unfinished attic offers expansion, customization, or storage potential

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $103.8k $51.00
− Vacancy −$5.4k −$2.65
EGI $98.4k $48.35
− OpEx −$29.5k −$14.50
NOI $68.9k $33.84
2,036 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$984.4K
$861.3K – $1.15M (±1% cap)
NOI $68,906 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$910.0K
$796.3K – $1.06M (±1% cap)
NOI $63,701 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$5.07M
$4.43M – $5.91M (±1% cap)
NOI $354,753 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Todd V. Lamb, ... Law Firm Casa del mofongo Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Hotel & Motel Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,437
Businesses Nearby

Demographics for 10034, NY

36,778
Population
16,599
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
80%
High-School Grad
1.0 sq mi
ZIP Area
36,778
Density / Sq Mi
$69,786
Median Household Income
$47,553
Median Earnings
$1,621
Median Rent
$518,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom apartments in a 1920 duplex with hardwood floors, finished basement, and a private two-car garage.
Where is this duplex located?
The property is located at 77 Park Ter W New York, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Duplex configured as two three‑bedroom apartments; Finished basement adds usable bonus space; Unfinished attic offers expansion, customization, or storage potential
More about this property
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