Residential Income
80 LA SALLE Street 5H, Manhattan, NY 10027
For Sale
$500,000
A one-bedroom residence features a windowed eat-in kitchen and faces the community’s interior gardens.
Property Size750 SF
Price / SF$666.67
Days on Market46
Property Features for 80 LA SALLE Street 5H
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Athena T Witt · License #REB.0791900
(917) 256-9921
Source:
Howardhannanyc
Added: Sep 23
Changed: Nov 7
Last Checked: Nov 6 at 4:23PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
This 750-square-foot apartment has one bedroom and one bathroom, with a living and dining area, wood floors, high ceilings, and six closets. The windowed eat-in kitchen includes a new refrigerator and stove. The apartment faces the landscaped interior grounds and has western exposure. The property was built in 1956.
The community comprises six buildings across eight acres. Shared amenities include a gym, indoor children’s playrooms, an outdoor playground, daycare, activity and workshop spaces, a theater, meeting rooms, laundry, storage, a parking garage, and 24-hour security. Walkways, parking facilities, gardens, and outdoor gathering areas have been upgraded.
The residence is restricted to use as a primary home; pied-à-terre occupancy, guarantors, and co-purchasing are not permitted, while gifting is allowed. Nearby transit includes the 1, 2, 3, A, B, C, and D trains and several bus routes. Columbia, Barnard, Teachers College, parks, and shopping are also within walking distance.
The community comprises six buildings across eight acres. Shared amenities include a gym, indoor children’s playrooms, an outdoor playground, daycare, activity and workshop spaces, a theater, meeting rooms, laundry, storage, a parking garage, and 24-hour security. Walkways, parking facilities, gardens, and outdoor gathering areas have been upgraded.
The residence is restricted to use as a primary home; pied-à-terre occupancy, guarantors, and co-purchasing are not permitted, while gifting is allowed. Nearby transit includes the 1, 2, 3, A, B, C, and D trains and several bus routes. Columbia, Barnard, Teachers College, parks, and shopping are also within walking distance.
Key Highlights
- 750‑square‑foot apartment with one bedroom and one bathroom
- Windowed eat‑in kitchen with new refrigerator and stove
- Western exposure overlooking the landscaped interior grounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,465
Cap Rate
4.69%
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 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,680 @ 7.0% cap · market cap 26.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
$915,000
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence features a windowed eat-in kitchen and faces the community’s interior gardens.
Where is this residential income property located?
The property is located at 80 LA SALLE Street 5H Manhattan, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 750‑square‑foot apartment with one bedroom and one bathroom; Windowed eat‑in kitchen with new refrigerator and stove; Western exposure overlooking the landscaped interior grounds
