Apartment Building in New
For Sale
$450,000
Pending
80 la Salle St 16-A, New York, NY 10027
Apartment building for sale in New York, NY.
Property Size750 SF
Days on Market318
Property Features for 80 la Salle St 16-A
General Information
Standard status
Pending
Size
750 SF
Property subtype
Residential
Building Details
Building Size
750 SF
Year Built
1957
Listed By:
TODD R STEVENS
(917) 937-0379
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 6
Last Checked: Oct 9 at 9:40PM
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 TODD R STEVENS
Investment Insights
Based on property information with market context.
An apartment building is available for sale. The property is located in New York, NY. The list price is $450,000.
Key Highlights
- Year Built: 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,465
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,300
$469.3K
Cap Rate 7%
$335,214
$335.2K
Cap Rate 9%
$260,722
$260.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$44.9K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$42.7K $56.89/SF
− OpEx
−$19.2K −$25.60/SF
NOI
$23.5K $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%
$469,300
Cap Rate 7%
$335,214
Cap Rate 9%
$260,722
Alternative Uses
Best Use
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,465 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,680 @ 7.0% cap · market cap 29.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in New York, NY.
Where is this apartment building located?
The property is located at 80 la Salle St 16-A New York, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Year Built: 1957
