197 E 76th St

• Sunroom with Glass Ceiling: Unique architectural feature providing ample natural light and potential for year-round use. Adds approximately $50,000 to property value. • Viking Range: Professional-grade appliance, adding approximately $6,000 to the kitchen's value. • Hardwood Flooring: Adds warmth and value, approximately $10,000 value add. • Hardwood Floors • Sunroom • Viking Range • Built-in Shelving • Retail Space • Price Position: At $1331.85/sqft, this property is priced significantly above the average of $1/sqft in 10021, suggesting a premium for unique features or location within the neighborhood. • Appreciation Trend: Homes in 10021 have sold for 2.6% less than they did a year ago, indicating a softening market. • Investment Opportunity: After $23,000 in renovations, potential $77,000 equity gain (334.8% ROI) • Rental Income: $12,500/month with 95% occupancy (0.0% cap rate) • Schools: High school ratings (8-10/10) likely add a premium to property values compared to areas with lower-rated schools. The exact percentage is difficult to quantify without a comparative market analysis of similar properties in different school zones. • Future Development: No specific planned developments were identified in the immediate vicinity of the property based on the provided data. • The sunroom provides excellent natural light. Other rooms have adequate light from windows, although some windows are partially obstructed by fire escapes. The retail space benefits from large storefront windows. • The layout is somewhat compartmentalized, with distinct rooms on each level. The sunroom on the top floor is a standout feature. The kitchen's layout is functional but compact. The retail space on the street level is separate from the residential units.