Renovated Residential Income
For Sale
$999,000
890 W END Avenue 1E, New York City, NY 10025
Renovated apartment with flexible living space, updated finishes, in-unit laundry, and access to full-service building amenities.
Property Size1,200 SF
Price / SF$832.50
Days on Market17
Property Features for 890 W END Avenue 1E
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
in-unit washer/dryer
24-hour doorman
live-in superintendent
full-time maintenance staff
roof deck
laundry room
playroom
storage rooms
bike rooms
Building Details
Building Size
1,200 SF
Year Built
1925
Listing Agency:
Digs Realty Group LLC
Listed By:
Rebecca Gotlieb
(917) 696-2697
Source:
Howardhannanyc
Added: Sep 8
Changed: Sep 12
Last Checked: Sep 22 at 9:36PM
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 Digs Realty Group LLC
Investment Insights
Based on property information with market context.
This renovated residential income property offers 1,200 square feet with two bedrooms, one full bathroom, and one half bathroom. The layout separates the sleeping quarters from the main living areas, while the living room provides space for dining and seating. A windowed eat-in kitchen includes stainless steel appliances, including a Liebherr refrigerator and Bosch dishwasher, along with a full-size Bosch washer and dryer. Hardwood floors, high ceilings, picture molding, generous closets, and windowed bathrooms add to the interior features.
The 1925 cooperative building provides a 24-hour doorman, live-in superintendent, full-time maintenance staff, roof deck, laundry room, playroom, storage rooms, and bike rooms. Riverside Park is nearby, with neighborhood dining and retail options in the surrounding area. The 1 train is down the block, while the express 2/3 trains and multiple bus lines are also accessible. Pets are welcome; pieds-à-terre are not permitted.
The 1925 cooperative building provides a 24-hour doorman, live-in superintendent, full-time maintenance staff, roof deck, laundry room, playroom, storage rooms, and bike rooms. Riverside Park is nearby, with neighborhood dining and retail options in the surrounding area. The 1 train is down the block, while the express 2/3 trains and multiple bus lines are also accessible. Pets are welcome; pieds-à-terre are not permitted.
Key Highlights
- 1,200‑square‑foot renovated apartment
- Two bedrooms, one full bathroom, and one half bathroom
- Windowed eat‑in kitchen with Liebherr refrigerator and Bosch dishwasher
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
$39,501
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
3.95%
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%
$790,020
$790.0K
Cap Rate 7%
$564,300
$564.3K
Cap Rate 9%
$438,900
$438.9K
Market Conditions
NOI Build-Up for 1,200 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
$75.6K $63.00/SF
− Vacancy
−$3.8K −$3.15/SF
EGI
$71.8K $59.85/SF
− OpEx
−$32.3K −$26.93/SF
NOI
$39.5K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /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%
$790,020
Cap Rate 7%
$564,300
Cap Rate 9%
$438,900
Alternative Uses
Best Use
Apartment 5plus
$564.3K
$493.8K – $658.4K
NOI $39,501 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.74M
$4.15M – $5.53M
NOI $331,776 @ 7.0% cap · market cap 33.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,872
Businesses Nearby
Explore this area
Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated apartment with flexible living space, updated finishes, in-unit laundry, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 890 W END Avenue 1E New York City, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1,200‑square‑foot renovated apartment; Two bedrooms, one full bathroom, and one half bathroom; Windowed eat‑in kitchen with Liebherr refrigerator and Bosch dishwasher
