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Floor Plans
Map
$725,000
●
Condo -
In Contract
507 E 80th Street #3R
Manhattan, NY 10075
1 Bed
1 Bath
900 Sqft
$5,812
Est. Monthly
$931
HOA / Fees
1.23%
Cap Rate
About This Property
This over-sized one bedroom condo with private terrace and coveted
in-unit washer/dryer is large enough for all of your living, or
work-from-home needs.
Boasting 900 square feet, this spacious home is large enough for a king-sized bed and desk/office needs. Owner had plenty of room for a Peloton and gym equipment too!
The renovated, pass-through kitchen opens to the great room, large enough for both full-sized living room and dining area. With only two apartments per floor, this beautiful home also features through-the wall air with brand new, never-before-used HVACs, hardwood floors, crown molding and fully-outfitted closets by California Closets.
507 East 80th is a boutique condo building, with only 2 apartments per floor, located on a quiet block near Carl Schurz Park and the East River esplanade.
Part-time doorman (M-F 9-5), a wonderful, very attentive super, video intercom system and bike room.
*Potential for approx $231/mo reduction in taxes for primary residence.
The taxes represented do not include the NYC Condominium Tax Abatement offered for primary residences purchasing outside of an LLC. Please consult your accountant and real estate attorney for tax guidance.
Living Room photo is virtually staged for design ideas.
Boasting 900 square feet, this spacious home is large enough for a king-sized bed and desk/office needs. Owner had plenty of room for a Peloton and gym equipment too!
The renovated, pass-through kitchen opens to the great room, large enough for both full-sized living room and dining area. With only two apartments per floor, this beautiful home also features through-the wall air with brand new, never-before-used HVACs, hardwood floors, crown molding and fully-outfitted closets by California Closets.
507 East 80th is a boutique condo building, with only 2 apartments per floor, located on a quiet block near Carl Schurz Park and the East River esplanade.
Part-time doorman (M-F 9-5), a wonderful, very attentive super, video intercom system and bike room.
*Potential for approx $231/mo reduction in taxes for primary residence.
The taxes represented do not include the NYC Condominium Tax Abatement offered for primary residences purchasing outside of an LLC. Please consult your accountant and real estate attorney for tax guidance.
Living Room photo is virtually staged for design ideas.
Unit Size
900Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$806
Property Type
Condo
Property Taxes
$1,321
HOA Dues
$931
Year Built
1925
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 6 months ago (RLS #PRCH-7711784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Relisted | $725,000 | |
| Relisted | |||
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Dec 5, 2023 | Price Decreased |
$750,000
↓ $25K
(3.2%)
|
|
| Price Decreased | |||
| Oct 9, 2023 | Price Decreased |
$775,000
↓ $24K
(3%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Garage
Doorman
Elevator
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Interior Features: Elevator, Storage
Living Area: 900
Laundry Features: In Unit
Rooms: 3
Exterior Details
Year Built: 1987
Outdoor Living Structures: Building Terrace, Terrace, Balcony
Pets Allowed: Building Yes, Yes
Lot Size Dimensions: 25.0 x 102.17
Tax Lot: 7503
Tax Block: 01577
Financial Details
Tax Annual Amount: $15,852
Location Details
Subdivision Name: Yorkville
Stories Total: 8
Association Fee: $931
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
2
Baths
925 ft²
$831/ft²
$769,000
Aug 20, 2012
$769,000
Feb 20, 2013
$1,735/mo
Condo
1
Bed
1
Bath
900 ft²
$878/ft²
$790,000
Aug 6, 2023
$790,000
Nov 28, 2023
$2,561/mo
Condo
1
Bed
1
Bath
897 ft²
$779/ft²
$699,000
May 18, 2015
-
Feb 5, 2021
$1,600/mo
Condo
1
Bed
1
Bath
917 ft²
$845/ft²
$775,000
Jan 26, 2016
$775,000
May 23, 2016
$1,622/mo
Condo
1
Bed
1
Bath
850 ft²
$822/ft²
$699,000
Sep 11, 2019
$699,000
Apr 24, 2020
$1,718/mo
Condo
1
Bed
1
Bath
800 ft²
$925/ft²
$740,000
Mar 3, 2020
$740,000
Aug 18, 2021
$1,819/mo
In Contract
Co-op
1
Bed
2
Baths
695 ft²
$862/ft²
$599,000
May 28, 2022
-
$1,512/mo
Active
Condo
1
Bed
1
Bath
897 ft²
$948/ft²
$850,000
Jun 13, 2024
-
$1,192/mo
Active
Co-op
1
Bed
1
Bath
950 ft²
$757/ft²
$719,000
Feb 7, 2024
-
$2,411/mo
In Contract
Co-op
1
Bed
1
Bath
850 ft²
$853/ft²
$725,000
May 6, 2024
-
$1,967/mo
In Contract
Co-op
1
Bed
1
Bath
820 ft²
$852/ft²
$699,000
Jul 31, 2023
-
$1,721/mo
In Contract
Co-op
1
Bed
1
Bath
820 ft²
$852/ft²
$699,000
Jan 23, 2023
-
$1,703/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/23/2024
|
|
1 Bed
|
1 Bath
|
900 ft²
|
$750,000
1 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Julie Zelman
Engel & Volkers New York Real Estate LLC
|
|
08/06/2023
|
1 Bed
|
1 Bath
|
900 ft²
|
$825,000
1 Bed
1 Bath
900 ft²
|
$790,000
-4.24%
11/28/2023
|
-
|
Emily Lundell
The Corcoran Group
|
|
|
01/25/2022
|
2 Bed
|
1 Bath
|
850 ft²
|
$825,000
2 Bed
1 Bath
850 ft²
|
$780,000
-5.45%
05/03/2022
|
-
|
Michael Gavin
Heller Organization, The
|
|
|
09/11/2019
|
1 Bed
|
1 Bath
|
850 ft²
|
$825,000
1 Bed
1 Bath
850 ft²
|
$699,000
-15.27%
04/24/2020
|
-
|
Duncan Lonsdale
The Corcoran Group
|
|
|
06/16/2017
|
1 Bed
|
1 Bath
|
917 ft²
|
$795,000
1 Bed
1 Bath
917 ft²
|
-
-
|
-
|
Johanna Beiter
The Corcoran Group
|
|
|
02/03/2017
|
1 Bed
|
1 Bath
|
900 ft²
|
$870,000
1 Bed
1 Bath
900 ft²
|
$845,000
-2.87%
02/05/2021
|
-
|
Jesse Bertomen
Elliman
|
|
|
01/26/2016
|
1 Bed
|
1 Bath
|
917 ft²
|
$775,000
1 Bed
1 Bath
917 ft²
|
$775,000
05/23/2016
|
-
|
Johanna Beiter
The Corcoran Group
|
|
|
05/27/2015
|
1 Bed
|
1 Bath
|
931 ft²
|
$825,000
1 Bed
1 Bath
931 ft²
|
$80,000
-90.30%
07/21/2015
|
-
|
Kathy Keech
Douglas Elliman Real Estate
|
|
|
05/18/2015
|
1 Bed
|
1 Bath
|
897 ft²
|
-
1 Bed
1 Bath
897 ft²
|
$699,000
02/05/2021
|
-
|
Curtis W. Jackson
Brown Harris Stevens
|
|
|
10/19/2014
|
1 Bed
|
1 Bath
|
931 ft²
|
$669,000
1 Bed
1 Bath
931 ft²
|
-
-
|
-
|
Michele Barnette
Non-Member Office
|
|
|
09/04/2014
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,520,000
2 Bed
2 Bath
1300 ft²
|
$1,520,000
05/01/2015
|
-
|
Davide Somasca
Compass
|
|
|
10/01/2012
|
1 Bed
|
1 Bath
|
897 ft²
|
$635,000
1 Bed
1 Bath
897 ft²
|
-
-
|
-
|
Susan Goldenberg
BOND New York
|
Building Info
Yorkville Townhouse
507 East 80th Street, New York, NY 10075
- 16 Units
- 1 Unit for Sale
About Upper Manhattan
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Listed by: Julie Zelman
Listing Courtesy of Engel & Volkers New York Real Estate LLC
Last Updated: 6 months ago
Last Checked: 12 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Engel & Volkers New York Real Estate LLC
Last Updated: 6 months ago
Last Checked: 12 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
