SOLD FOR $1,165,000
Listed at $1,200,000 · Sold 2.9% below asking · Closed June 12, 2017
$1,165,000
$1,324 per sq ft
Listed at $1,200,000 $-35,000 vs asking
502 9TH Avenue #9B
38Nine Condominium
MLS® #RLS10051895
Listing by The Corcoran Group
2
Bedrooms
2
Baths
880
Sq. Ft.
2005
Year Built
Sale Details
Property Summary
Description
Interesting investment opportunity. Newly built condo on the brink of the Hudson Yards area. This sleek two-bedroom, two-bathroom apartment has double exposures, south and west, from a relatively high floor. The kitchen, with granite counters and stainless appliances, is an open plan consistent with the modern style and layout of this apartment. There is ample closet space and a large 91 square foot balcony. In all the apartment is almost 900 square feet. The tenants' lease expires in July and they have the right to renew for one year. Please contact us for further details. The return on a cash investment is approximately 2.5%. The upside comes with the potential for areas surrounding the building to improve, particularly the blocks in between the Hudson Yards and West 38th and Ninth Avenue. There is a new rental building across the street and more development coming. The quality of the retail continues to improve and the prices per square foot in the area have proved to be increasing. Please call for a private showing. Thank you.
Property Details
Listing courtesy of Brett Grabel at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.