Prewar Residential Income
865 United Nations Plaza 9C, Manhattan, NY 10017
For Sale
$830,000
The one-bedroom condominium includes East- and West-facing exposures and a windowed kitchen with stone finishes.
Property Size934 SF
Price / SF$888.65
Days on Market215
Property Features for 865 United Nations Plaza 9C
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
24-hour doorman
live-in resident manager
central laundry
bike storage
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Eileen M Foy · License NY 30FO0888086
(347) 463-8128
Source:
Bondnyre
Added: Apr 9
Changed: Nov 9
Last Checked: Nov 8 at 7:39PM
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 934-square-foot, one-bedroom, one-bath residence is located in a prewar condominium completed in 1930. The corner home has East- and West-facing exposures, a separate living room, and an oversized bedroom. A windowed kitchen features custom cabinetry, granite counters, a Sub-Zero refrigerator, stainless steel appliances, and natural stone flooring. Beamed ceilings and an entry foyer suitable for use as a gallery, office, or library add to the interior configuration.
Building services and amenities include a 24-hour doorman, live-in resident manager, central laundry, bike storage, and a slate-floored lobby. Nearby outdoor spaces include the United Nations Rose Garden, East River Greenway, and Peter Detmold Park. Grand Central, the FDR Drive, and the Midtown Tunnel are also identified as accessible from the property.
Building services and amenities include a 24-hour doorman, live-in resident manager, central laundry, bike storage, and a slate-floored lobby. Nearby outdoor spaces include the United Nations Rose Garden, East River Greenway, and Peter Detmold Park. Grand Central, the FDR Drive, and the Midtown Tunnel are also identified as accessible from the property.
Key Highlights
- 934‑square‑foot residence with one bedroom and one bathroom
- Corner layout with East- and West‑facing exposures
- Windowed kitchen with custom cabinetry, granite counters, Sub‑Zero refrigerator, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,222
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,440
$584.4K
Cap Rate 7%
$417,457
$417.5K
Cap Rate 9%
$324,689
$324.7K
Market Conditions
NOI Build-Up for 934 SF
Gross rent
$55.9K $59.88/SF
− Vacancy
−$2.8K −$2.99/SF
EGI
$53.1K $56.89/SF
− OpEx
−$23.9K −$25.60/SF
NOI
$29.2K $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%
$584,440
Cap Rate 7%
$417,457
Cap Rate 9%
$324,689
Alternative Uses
Best Use
Apartment 5plus
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.0K
$571.4K – $761.8K
NOI $45,709 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
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
$808,200
Median Home Value
Market
Average Price Trend$/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 - The one-bedroom condominium includes East- and West-facing exposures and a windowed kitchen with stone finishes.
Where is this residential income property located?
The property is located at 865 United Nations Plaza 9C Manhattan, NY.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 934‑square‑foot residence with one bedroom and one bathroom; Corner layout with East- and West‑facing exposures; Windowed kitchen with custom cabinetry, granite counters, Sub‑Zero refrigerator, and stainless steel appliances
