Thayer Street Multifamily
For Sale
$365,000
Pending
86 Thayer St 3-D, New York, NY 10040
Multifamily property for sale in New York, NY.
Property Size643 SF
Days on Market322
Property Features for 86 Thayer St 3-D
General Information
Standard status
Pending
Size
643 SF
Property subtype
Residential
Building Details
Building Size
643 SF
Year Built
1928
Listed By:
Natanel Malkoukian
(646) 361-3276
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 1
Last Checked: Oct 15 at 2:02AM
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 Natanel Malkoukian
Investment Insights
Based on property information with market context.
A multifamily property located on Thayer Street in New York, NY, is available for purchase. The list price is $365,000.
Key Highlights
- Year Built: 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,118
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,360
$402.4K
Cap Rate 7%
$287,400
$287.4K
Cap Rate 9%
$223,533
$223.5K
Market Conditions
NOI Build-Up for 643 SF
Gross rent
$38.5K $59.88/SF
− Vacancy
−$1.9K −$2.99/SF
EGI
$36.6K $56.89/SF
− OpEx
−$16.5K −$25.60/SF
NOI
$20.1K $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%
$402,360
Cap Rate 7%
$287,400
Cap Rate 9%
$223,533
Alternative Uses
Best Use
Apartment 5plus
$287.4K
$251.5K – $335.3K
NOI $20,118 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $112,036 @ 7.0% cap · market cap 30.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,698
Businesses Nearby
Explore this area
Business Placement
Demographics for 10040, NY
40,405
Population
17,020
Households
2.4
Avg Household Size
39
Median Age
38%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
67,342
Density / Sq Mi
$64,022
Median Household Income
$41,849
Median Earnings
$1,680
Median Rent
$465,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property for sale in New York, NY.
Where is this multifamily property located?
The property is located at 86 Thayer St 3-D New York, NY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Year Built: 1928
