Apartment building, Midtown, New York, USA

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Apartment building, Midtown, New York, USA

12,750,000 $
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Total area: 929 m² Yield: 4.5%
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  • Operating Incomе: 484,656 €
  • 5-floor building
  • Most recent total renovation: 2017

An apartment building with a commercial premises on the ground floor in Midtown East.


The house consists of five floors.

There is a commercial unit on the ground floor, and the upper floors are occupied by eight 2-bedrooms, six 1-bedrooms, and one 4-bedroom unit. 

All apartments are renovated and equipped with:

  • granite counter tops
  • stainless steel appliances
  • marble bathrooms
  • hardwood floors

While renovations are set to be completed by Dec 2017, all units are in mint condition, vacant, and move-in ready. 

Financial performance

The cost of the property is $ 12,750,000.

Projected annual income is $ 573,269.

The projected yield of 4.5%. 

Location and nearby objects

The house is located in the eastern part of Midtown, the busy business and tourist district of New York. Public transport stops, metro stations, shops, cafes, restaurants and parks are situated not far from the building.

Statistics in New York City

Price per m², $
Healthcare efficiency level
Crime rate
Real estate Price, $
Apartment in the city centre, m² 13,820.67
Apartment in a bedroom community, m² 5,967.66
Transport Price, $
Public transport, 1 ride 2.76
Monthly travel card 121.12
Taxi, 1 km 2.18
Petrol, 1 l 0.8
Food Price, $
Water, 1.5 l 2.45
Milk, 1 l 1.19
White bread, 500 g 3.89
Eggs, a dozen 3.57
Chicken fillet, 1 kg 13.44
Education Price, $
Kindergarten, per month 2,359.52
International school, per year 37,386.2
Health care index
Staff competence 73.17
Medical equipment 88.58
Research accuracy and completeness 72.56
Attitude towards patients 67.15
Security index
Crime rate 46.01
The risk of being robbed 43.62
The risk of car theft 44.09
The risk of break-in and property damage 49.73

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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