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Duplex Residential Income Property

860 United Nations Plaza 37/38D, Manhattan, NY 10017

For Sale
New
$2,950,000

A two-level layout places four bedrooms apart from the main entertaining spaces.

Property Size3,780 SF
Price / SF$780.42
Days on Market4

Property Features for 860 United Nations Plaza 37/38D

General Information

Standard status Active
Size 3,780 SF
Property subtype Apartment

Units

Unit Mix 1 x 4BR/4.5BA
Multifamily Units 1

Amenities

private driveway
24-hour doorman
concierge
on-site management
fitness center
Pilates studio
rooftop terraces
Club 39 residents' lounge
conference rooms
golf simulator
billiards room
in-house dry cleaning
on-site garage
fireplace
laundry area

Building Details

Building Size 3,780 SF
Year Built 1967
Listing Agency: Compass
Listed By: Bahar Tavakolian · License NY #10301202538
Source: Carytamura
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 11:06AM

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

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Investment Insights

Based on property information with market context.

This duplex spans the 37th and 38th floors of 860 United Nations Plaza, with 3,780 square feet arranged across two levels. The plan includes four bedrooms, four full bathrooms and a powder room. A great room extends more than 32 feet and features a fireplace, while the windowed eat-in kitchen measures more than 26 feet and has a separate laundry area and service entrance. The upper-level corner primary suite includes a windowed office or dressing area, a walk-in closet and an en-suite bathroom with separate tub and shower. Nine-foot ceilings and corner windows frame views of the East River and Manhattan skyline.

Building services and amenities include a private driveway, 24-hour doorman and concierge, on-site management, a fitness center, Pilates studio, rooftop terraces, residents’ lounge, conference rooms, golf simulator, billiards room and on-site garage. The property is near MacArthur Playground, Peter Detmold Park and the East Midtown Greenway, with access to the FDR Drive nearby.

Key Highlights

  • 3,780‑square‑foot duplex on the 37th and 38th floors
  • Four bedrooms, four full bathrooms and one powder room
  • Great room extends more than 32 feet; windowed eat‑in kitchen measures more than 26 feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$118,266
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,365,320 $2.4M
Cap Rate 7%
$1,689,514 $1.7M
Cap Rate 9%
$1,314,067 $1.3M
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$226.3K $59.88/SF
− Vacancy
−$11.3K −$2.99/SF
EGI
$215.0K $56.89/SF
− OpEx
−$96.8K −$25.60/SF
NOI
$118.3K $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%
$2,365,320
Cap Rate 7%
$1,689,514
Cap Rate 9%
$1,314,067

Alternative Uses

Best Use
Apartment 5plus
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,266 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $184,988 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

38,138
Businesses Nearby

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

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A two-level layout places four bedrooms apart from the main entertaining spaces.
Where is this residential income property located?
The property is located at 860 United Nations Plaza 37/38D Manhattan, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 3,780‑square‑foot duplex on the 37th and 38th floors; Four bedrooms, four full bathrooms and one powder room; Great room extends more than 32 feet; windowed eat‑in kitchen measures more than 26 feet
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