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Image 1 - 31 East 28th Street, New York, NY 10016, USA - Condo for sale
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Condo For Sale In New York, New York
31 East 28th Street, New York, NY 10016, USA

Condo For Sale In New York, New York

condo for sale
16 views
Listed: 02/17/24

31 East 28th Street, New York, NY 10016, USA

3 Bed:
3 Bath:
2,451 Sq Ft Living Area:
Save
Price
$ 4M

About This Condo

Introducing a full-floor duplex penthouse in Nomad measuring2, 541 SFwith additional395 SFof two private outdoor spaces (balcony + rooftop terrace), skylight atrium windows on the penthouse level, private elevator landing, floor through residence (100' deep), 11-foot ceilings, triple exposures, windowed kitchen, and windowed bathroom. The asking price of$1, 574 PSFis complemented by low carrying costs of$2.56 PSF.From an investment standpoint, the penthouse can achieve$18, 000per month, providing a 3.4% CAP rate to the savvy buyer/investor. Should the buyer qualify for the STAR tax abatement program, the annual taxes would be reduced to$35, 388.The total monthly carrying costs in this scenario would be$5, 877.Located in the heart of Nomad, The Parkwood is in close proximity to Madison Square Park, The Clocktower, …  Full description

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Rose Hill Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.