Duplex Residence with Private
For Sale
$2,000,000
860 United Nations Plaza 36D, New York City, NY 10017
Duplex residence on the 35th and 36th floors with private elevator in a full-service building with extensive amenities.
Property Size3,482 SF
Days on Market114
Property Features for 860 United Nations Plaza 36D
General Information
Standard status
Active
Size
3,482 SF
Elevators
Yes
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
doorman
concierge
furnished sundecks
fitness center
Pilates studio
in-house valet
golf simulator
billiards room
conference rooms
entertainment room
bicycle room
private storage
Building Details
Building Size
3,482 SF
Year Built
1966
Listing Agency:
Compass
(917) 806-5175
Listed By:
Randy Baruh
(917) 806-5175
Source:
Serhant
Added: Apr 20
Changed: Aug 8
Last Checked: Aug 10 at 10:05AM
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
Investment Insights
Based on property information with market context.
This duplex residence at 860 United Nations Plaza spans the 35th and 36th floors and offers more than 3,400 SF of living space. The home features a private elevator, a spiral staircase, and a wood-burning fireplace, with an entry level that includes a gallery, grand living room with floor-to-ceiling windows, formal dining room, and a large kitchen with a breakfast area. An additional laundry area and powder room add convenience. Upstairs, the spacious primary suite includes corner exposures, an ensuite marble bath, and generous closet space, along with room for a make-up vanity or sitting area. Two additional bedrooms each have their own ensuite baths and closet space, sized to accommodate king-size beds.
The building provides full-time doorman and concierge service and an extensive amenity package, including two furnished sundecks, a state-of-the-art fitness center, a Pilates studio, in-house valet, a golf simulator, billiards room, two conference rooms, an entertainment room with a full kitchen, a bicycle room, and private storage. The property also includes a private driveway and an on-site garage.
Designed by Harrison & Abramovitz and completed in 1966, this iconic modernist building is described as allowing pets and pieds-a-terre, and it permits apartment purchases in a trust. Building allows 75% financing.
The building provides full-time doorman and concierge service and an extensive amenity package, including two furnished sundecks, a state-of-the-art fitness center, a Pilates studio, in-house valet, a golf simulator, billiards room, two conference rooms, an entertainment room with a full kitchen, a bicycle room, and private storage. The property also includes a private driveway and an on-site garage.
Designed by Harrison & Abramovitz and completed in 1966, this iconic modernist building is described as allowing pets and pieds-a-terre, and it permits apartment purchases in a trust. Building allows 75% financing.
Key Highlights
- Duplex spans the 35th and 36th floors with 3,400+ SF
- Private elevator plus spiral staircase
- Wood‑burning fireplace and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$108,942
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,178,840
$2.2M
Cap Rate 7%
$1,556,314
$1.6M
Cap Rate 9%
$1,210,467
$1.2M
Market Conditions
NOI Build-Up for 3,482 SF
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.
Gross rent
$208.5K $59.88/SF
− Vacancy
−$10.4K −$2.99/SF
EGI
$198.1K $56.89/SF
− OpEx
−$89.1K −$25.60/SF
NOI
$108.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,178,840
Cap Rate 7%
$1,556,314
Cap Rate 9%
$1,210,467
Alternative Uses
Best Use
Apartment 5plus
$1.56M
$1.36M – $1.82M
NOI $108,942 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.67M
$7.58M – $10.11M
NOI $606,704 @ 7.0% cap · market cap 30.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
38,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Duplex residence on the 35th and 36th floors with private elevator in a full-service building with extensive amenities.
Where is this residential income property located?
The property is located at 860 United Nations Plaza 36D New York City, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Duplex spans the 35th and 36th floors with 3,400+ SF; Private elevator plus spiral staircase; Wood‑burning fireplace and floor‑to‑ceiling windows
