Luxury Condo Investment with High Yield – 100 Riverside Boulevard, New York, NY 10069
Asking Price: $2,800,000
Price/SF: $1,400.00
Cap Rate: 7.04%
Net Operating Income (NOI): $197,200
Sale Type: Investment or Owner-User
Asset Type: 5-Star High-Rise Residential Condo
Location: Central Business District (Upper West Side / Riverside South)
Status: Active
Market Segment: Market Rate Residential
Property Overview:
Offered at a compelling 7.04% cap rate, this luxury condo unit at 100 Riverside Boulevard provides a rare opportunity to acquire income-producing real estate in one of Manhattan’s most prestigious residential towers. Positioned in the upscale Riverside South enclave along the Hudson River, this investment offers strong returns, Class A amenities, and long-term appreciation potential.
Read More
Whether you’re seeking a stable rental asset or a premier private residence, this 5-star unit delivers both financial and lifestyle value.
Key Investment Highlights:
- High-Yield Investment: $197,200 annual NOI and 7.04% cap rate in a luxury building
- Efficient Floorplate: Estimated 2,000 SF unit within a 321,950 SF tower
- Modern Construction: Full-service high-rise with premium materials, systems, and design
- Income Flexibility: Suitable for investor ownership or future owner-occupancy
- Strong Rental Demand: High-end neighborhood with consistent lease activity
Building Overview:
- Total Units: 266
- Stories: 30
- Gross Building Area: 321,950 SF
- Typical Floor Size: 25,430 SF
- Class: A – Full-Service Luxury Condo
- Units per Acre: 359/AC
- Amenities Include: 24-hour concierge, fitness center, indoor pool, residents’ lounge, children’s playroom, and parking
Location Advantages:
- Prime Upper West Side location near Lincoln Center, Riverside Park, and Columbus Circle
- Easy access to subway lines 1, 2, 3 and crosstown buses
- Proximity to elite schools, luxury retail, and the West Side Highway
Summary:
- Price: $2,800,000
- Use: Investment or Personal Residence
- Annual NOI: $197,200
- Cap Rate: 7.04%
- Class A Condo in Full-Service Building
- Immediate Income with Upside Potential
Conclusion:
100 Riverside Boulevard represents a unique opportunity to acquire a high-end condominium asset with both income stability and luxury appeal. Positioned in one of Manhattan’s most desirable waterfront communities, this offering is ideal for investors, 1031 exchange buyers, or those seeking a prestigious live-in option with long-term upside.
Contact us today to request the financials, offering plan, or to schedule a private tour.
