South-Facing Corner
New York Manhattan, NY 10128
New
New York, Manhattan, NY, 10128
$625,000
For Sale
$625,000
MULTI_FAMILY - New York (Manhattan), NY
Property Size725 SF
Price / SF$862.07
Days on Market2
Property Features for New York
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1
- Standard status
- Active
- Size
- 725 SF
Building Details
- Year built
- 1975
Listing Agency
NextHome Residential
(212) 300-6140
540 Madison Ave. 24th Floor, NY
Listed by
Edward Hasicka
(917) 734-3885
Added: Jul 20 Checked: Jul 21 at 5:06 am
MLS# 973712
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
By appointment only, this top-floor, south-facing corner one-bedroom residence offers approximately 725 square feet and sweeping skyline views. Oversized windows bring in abundant natural light throughout, including the expansive south-facing living room and the generously sized bedroom with a full-wall closet. The open peninsula kitchen provides counter space and storage for everyday living and casual entertaining.
Laundry is located just outside your door, with new on-floor machines installed in June 2024 and mobile app access. The tiled bath includes a porcelain-topped vanity, double-wide mirrored medicine cabinet, Broadway lighting, and a glass barn-door tub enclosure. Recent updates include new gray plank flooring throughout and ceiling fans, plus a dual-zone, WiFi-enabled heating and cooling system with wireless thermostat control.
Mill Rock Plaza is a full-service, highrise luxury cooperative in the Upper East Side neighborhood of Yorkville, just off the FDR Drive and less than a block from the Q Express subway. Building amenities include a grand courtyard, renovated double-height lobby and hallways, 24-hour concierge across two entrances, a live-in resident manager, a residents-only fitness center, residents-only bicycle and package storage, and a landscaped private sundeck with grill and TV. Pet-friendly homes welcome cats and up to three dogs of any size or breed. This unit is available upon completion of a scheduled application process.
Laundry is located just outside your door, with new on-floor machines installed in June 2024 and mobile app access. The tiled bath includes a porcelain-topped vanity, double-wide mirrored medicine cabinet, Broadway lighting, and a glass barn-door tub enclosure. Recent updates include new gray plank flooring throughout and ceiling fans, plus a dual-zone, WiFi-enabled heating and cooling system with wireless thermostat control.
Mill Rock Plaza is a full-service, highrise luxury cooperative in the Upper East Side neighborhood of Yorkville, just off the FDR Drive and less than a block from the Q Express subway. Building amenities include a grand courtyard, renovated double-height lobby and hallways, 24-hour concierge across two entrances, a live-in resident manager, a residents-only fitness center, residents-only bicycle and package storage, and a landscaped private sundeck with grill and TV. Pet-friendly homes welcome cats and up to three dogs of any size or breed. This unit is available upon completion of a scheduled application process.
Key Highlights
- Top‑floor, south‑facing corner 1‑bedroom co‑op with approx. 725 SF
- Triple‑wide double‑glazed windows with skyline views; bedroom also faces south with full‑wall closet
- Dual‑zone, WiFi‑enabled heating and cooling with wireless thermostat control; ceiling fans
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $59.88 |
| − Vacancy | −$2.3k | −$3.11 |
| EGI | $41.2k | $56.77 |
| − OpEx | −$18.5k | −$25.54 |
| NOI | $22.6k | $31.22 |
725 SF · lease $59.88/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$323.4K
$283.0K – $377.3K
NOI $22,636 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K
NOI $36,084 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
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FAQs
What type of property is this?
Residential income property - Top-floor corner one-bedroom with ~725 sf, skyline views, and laundry just outside the door with June 2024 upgrades.
Where is this residential income property located?
The property is located at New York Manhattan, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Top‑floor, south‑facing corner 1‑bedroom co‑op with approx. 725 SF; Triple‑wide double‑glazed windows with skyline views; bedroom also faces south with full‑wall closet; Dual‑zone, WiFi‑enabled heating and cooling with wireless thermostat control; ceiling fans
