Two-Bath Apartment with
88 Morningside Avenue 4F, Manhattan, NY 10027
For Sale
$849,000
The residence combines a separate office area with an ensuite bedroom and a second full bath.
Property Size945 SF
Days on Market46
Property Features for 88 Morningside Avenue 4F
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
concierge
fitness center
media lounge
laundry
bike room
storage
rooftop deck
outdoor kitchen
Building Details
Building Size
Year Built
Stories
Listing Agency:
Bizzarro Agency LLC
Listed By:
Matthew J Bizzarro
(917) 979-2259
Source:
Miradorrealestate
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 2:26PM
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 Bizzarro Agency LLC
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Investment Insights
Based on property information with market context.
This one-bedroom co-op includes two full bathrooms and a separate office or flex area. The living space has a full wall of windows, charcoal-finished hardwood floors, and a foyer with room for a table or desk. The kitchen is equipped with a five-burner DeLonghi range, Liebherr refrigerator, and Bosch microwave and dishwasher. A Bosch front-loading washer and dryer are also in the residence. The primary bedroom has an ensuite bath; the second bathroom includes a soaking tub and rain shower. A bike-room space and personal storage are included with the unit.
The 12-story building, completed in 2011, is across from Morningside Park. Central Park’s North Woods, Whole Foods, Trader Joe’s, and the 125 Street MTA station are nearby; the station is three blocks away. Building amenities include concierge service, a resident manager, fitness center, media lounge, bike room, and rooftop deck with an outdoor kitchen.
The 12-story building, completed in 2011, is across from Morningside Park. Central Park’s North Woods, Whole Foods, Trader Joe’s, and the 125 Street MTA station are nearby; the station is three blocks away. Building amenities include concierge service, a resident manager, fitness center, media lounge, bike room, and rooftop deck with an outdoor kitchen.
Key Highlights
- One‑bedroom co‑op with two full bathrooms and a separate office or flex area
- Kitchen includes a five‑burner DeLonghi range, Liebherr refrigerator, and Bosch microwave and dishwasher
- Bosch front‑loading washer and dryer in the residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,566
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,320
$591.3K
Cap Rate 7%
$422,371
$422.4K
Cap Rate 9%
$328,511
$328.5K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$56.6K $59.88/SF
− Vacancy
−$2.8K −$2.99/SF
EGI
$53.8K $56.89/SF
− OpEx
−$24.2K −$25.60/SF
NOI
$29.6K $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%
$591,320
Cap Rate 7%
$422,371
Cap Rate 9%
$328,511
Alternative Uses
Best Use
Apartment 5plus
$422.4K
$369.6K – $492.8K
NOI $29,566 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$660.7K
$578.1K – $770.8K
NOI $46,247 @ 7.0% cap · market cap 5.45%
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
9,585
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 - The residence combines a separate office area with an ensuite bedroom and a second full bath.
Where is this residential income property located?
The property is located at 88 Morningside Avenue 4F Manhattan, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: One‑bedroom co‑op with two full bathrooms and a separate office or flex area; Kitchen includes a five‑burner DeLonghi range, Liebherr refrigerator, and Bosch microwave and dishwasher; Bosch front‑loading washer and dryer in the residence
