$4,500,000
4 Bed • 2.5 Bath • 2,890 Sq. Ft.
1485 5th Avenue #26D
New York, NY 10035
Listed with Douglas Elliman Real Estate
$4,250,000
Est. $25,215/moNew York, NY 10016 · Manhattan
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Prime Manhattan Location. Proven Demand. Delivered Vacant. One-of-a-kind investment opportunity in Central Manhattan. Key takeaways include: - Cap Rate 5% - Ideally located just two blocks from multiple subway lines - Surrounded by food markets, restaurants, and everyday conveniences. - A major hospital is only one block away, making this property especially attractive to hospital staff - Consistently strong rental demand with minimal vacancy. Each apartment is equipped with split systems providing both heating and air conditioning for year-round comfort. The building features newly installed hot water boilers and a recently upgraded electrical system, offering peace of mind for investors. Additional amenities include a coin-operated washer and dryer conveniently located in the hallway for tenant use. Property can be delivered vacant, providing flexibility for repositioning, owner occupancy, or lease-up at current market rents. Will sell fast!
Listed with Beyond Property Group · Jerry C. Leung · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 7:08 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
48
Sep 2026
Average Price
Active listings
$1,566,505
Sep 2026
Average Days on Market
Active listings
178 days
Sep 2026
Computed from 469 active OneKey MLS listings in New York, NY.
$4,500,000
4 Bed • 2.5 Bath • 2,890 Sq. Ft.
1485 5th Avenue #26D
New York, NY 10035
Listed with Douglas Elliman Real Estate
$4,300,000
7 Bed • 7 Bath
236 W 112th Street
New York, NY 10026
Listed with Link NY Realty
$2,999,950
3 Bed • 3.5 Bath • 2,930 Sq. Ft.
530 E 76th Street #34/35
New York, NY 10021
Listed with Island Advantage Realty LLC