New York / New York / 10017 / 725 3rd Avenue

725 3rd Avenue

Q: What is the asking price for 725 3rd Avenue in New York?

The asking price for 725 3rd Avenue is $1,250,000

Q: What is the building size of this Multifamily property in New York, NY?

The size of the building/unit at 725 3rd Avenue in New York is 4,708 square feet.

Q: How much land does the New York, NY property at 725 3rd Avenue include?

725 3rd Avenue in New York includes 0.046 acres of land.

Q: What is the population within 1 mile of 725 3rd Avenue?

The population within 1 mile of 725 3rd Avenue New York, NY 10017 is 144,430 people.

Q: Who do I contact for questions about 725 3rd Avenue?

You should contact the listing agent, Matthew Cosentino, for any details regarding this commercial listing.

New York, NY 10017

Listing ID: 198312

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Building Size: 4,708 SF

Lot Size: 0.046 AC

Land Size: 2,003 SF

Building $/SF: $265.51

Land $/SF: $624.06

Price

$1,250,000

Description

TerraCRG has been retained to exclusively represent ownership in the sale of a value-add mixed-use building in Sunset Park. 725 Third avenue is located at the corner of 24th Street and Third Avenue and offers the opportunity to obtain property in one of NYC’s fastest
growing submarkets.
After a renovation, the building has a projected rent roll of approximately $154,800 and, at asking price, is offered at approximately $339/gross SF. The property offers a projected NOI of $110,340 and the current taxes are $25,661.84.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

New York History of Multifamily Housing for Sale

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Listing Demographics for 725 3rd Avenue New York, NY 10017

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		144,430	1,265,473	2,905,517
Population Median Age		42	40	38
Population by Age	0-9 Yrs	9149 (6%)	103586 (8%)	299791 (10%)
	10-19 Yrs	5741 (3%)	79397 (6%)	239247 (8%)
	20-29 Yrs	32996 (22%)	231895 (18%)	531641 (18%)
	30-39 Yrs	30446 (21%)	273365 (21%)	592481 (20%)
	40-49 Yrs	16419 (11%)	164126 (12%)	375659 (12%)
	50-59 Yrs	16225 (11%)	143543 (11%)	322481 (11%)
	60-69 Yrs	14772 (10%)	128410 (10%)	270435 (9%)
	70+ Yrs	18682 (12%)	141151 (11%)	273782 (9%)

Median HH Income		$133,825	$109,313	$86,737
Total Household Income	< 24K	9571 (11%)	101042 (15%)	250495 (19%)
	25-49K	7205 (8%)	69916 (10%)	176402 (13%)
	50-74K	7472 (9%)	66464 (10%)	153580 (11%)
	75-99K	7382 (9%)	61714 (9%)	128423 (10%)
	100-199K	22209 (27%)	164425 (25%)	310487 (24%)
	200K+	26745 (33%)	175046 (27%)	262170 (20%)

Highest Education Level	No Diploma	4308	75052	278600
	Diploma or GED	6491	103380	359138
	Some College	8801	81060	215608
	Assoc. Degree	2836	35128	90728
	Bachelors Degree	49534	375913	675588
	Higher Degree	46854	337385	557737

Total Housing Units		105,785	753,795	1,464,802
--Owner-Occupied		27,565	178,488	330,906
--Renter-Occupied		53,020	460,120	950,652
Owner-Occupied Values	< 100K	278	5064	9798
	100-199K	594	4213	10437
	200-299K	732	4576	17562
	300-399K	1305	7333	23612
	400-499K	2235	10514	24077
	500K+	22421	146787	245420

Total Working Age Population		132,006	1,118,593	2,465,960
In Work Force		98,563	794,687	1,698,299
Not In Work Force		33,443	323,906	767,661
Workforce Employed		95,413	763,106	1,615,890
Workforce Unemployed		3,068	31,272	81,812
Civlian Workforce		98,481	794,378	1,697,702
Military Workforce		82	309	597

Total Households		80,585	638,608	1,281,557
Family Households		26,985	256,405	611,966
Non-Family Households		53,601	382,203	669,592
Married Couple		22,917	200,670	425,292
Other Family		4,068	55,735	186,674
Married w/Child		6,857	70,340	170,031
Single Male w/Child		332	4,850	15,731
Single Female w/Child		1,016	15,988	58,236

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Bergen County	884,118	+2	905,116	+7	967,500	+7	1,031,500
Hudson County	608,975	+4	634,266	+12	708,100	+6	747,400
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Bronx County	1,332,650	+4	1,385,108	+10	1,519,809	+6	1,604,168
Kings County	2,465,326	+2	2,504,700	+9	2,738,283	+5	2,863,996
New York County	1,537,195	+3	1,585,873	+6	1,688,894	+2	1,727,631
Queens County	2,229,379	0	2,230,722	+9	2,436,549	+5	2,565,268

Common Questions and Answers

What is the asking price for 725 3rd Avenue in New York?

The asking price for 725 3rd Avenue is $1,250,000

What is the building size of this Multifamily property in New York, NY?

The size of the building/unit at 725 3rd Avenue in New York is 4,708 square feet

How much land does the New York, NY property at 725 3rd Avenue include?

725 3rd Avenue in New York includes 0.046 acres of land

What is the population within 1 mile of 725 3rd Avenue in New York?

The population within 1 mile of 725 3rd Avenue New York, NY 10017 is 144,430 people.

Who do I contact for questions about 725 3rd Avenue?

You should contact the listing agent, Matthew Cosentino, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)	Directions
La Guardia Airport (LGA)	6
Newark Liberty International Airport (EWR)	11
John F Kennedy International Airport (JFK)	13

725 3rd Avenue

New York, NY 10017

Description

CONTACT AGENT

Points of Interest & Demographic Radii

New York History of Multifamily Housing for Sale

Loan and Amortization Calculator

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

New York Area Market Trends

Listing Demographics for 725 3rd Avenue New York, NY 10017

Common Questions and Answers

Other Listings for Sale Nearby

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Matthew Cosentino

TerraCRG

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