300 W 30th St Unit 4F · New York, NY 10001

$1,098,000

1 bd · 1.0 ba · 607 sqft · Condo public records · 23 Days on market

Built 2020

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Appreciation +7.3/10.0
• Cash flow +5.1/30.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• 1% rule +1.6/10.0
• DSCR +0.0/10.0

Listing remarks MLS

The ideal is indeed attainable. 300 West 30th Street presents the new era of condominium living. Influenced by the artful energy of Manhattan and placed in the heart of The Penn District, these modern residences boast sleek interiors by Workshop/APD, superior craftsmanship, and dream-like city views. This elegantly planned one bedroom, one bathroom residence enjoys west-facing exposure with dramatic floor-to-ceiling windows and wide white oak flooring throughout. The custom windowed kitchen features fully integrated Miele appliances, solid oak shelving, and lustrous white marble surfaces. The primary bathroom invokes a feeling of calm and relaxation with sophisticated elements such as white marble, satin birch wood-finished vanities with fluted cabinet doors, radiant heated floors, custom polished chrome faucets by Jaklo designed by Workshop/APD, and a rain shower. Deep closets complete your storage needs, and residents will enjoy the convenience of an in-home washer and dryer. 300 West 30th Street offers residents access to a chic and modern amenities package with a focus on seamlessly integrated outdoor space, perfect for co-working by day and entertaining by evening. Amenities include a 24-hour attended lobby, 2nd floor planted outdoor courtyard with grills, the 12th floor Sky Terrace with dramatic city views from Hudson Yards to the Empire State Building, sleek gym with natural light, and a lounge and co-working space with rooms that can be separated for privacy or expanded for entertaining, plus a catering pantry for private events. Located in The Penn District in the heart of Manhattan, 300 West 30th Street is within minutes of the new Moynihan Train Hall and every major subway. The Penn District is next to thriving Hudson Yards, offering numerous mainstays for high-end dining, shopping, and entertainment. This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. HW Manhattan One LLC. Sponsor address: 136-33 37th Ave, 8B, Flushing, NY 11354. All artist's renderings are for representational purposes only and subject to variances. File No. CD21-0119. Equal Housing Opportunity.

Key facts

• Private balcony
• Walk in closet
• Built 2020

Tags

• PRIVATE BALCONY
• CUSTOM ISLAND KITCHEN
• WHITE MARBLE COUNTERTOPS
• SPA INSPIRED BATHROOM
• RADIANT HEATED FLOORS
• WALK IN CLOSET

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public sewer; Electricity connected
• Home design: Condominium
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven; ENERGY STAR qualified appliances; Refrigerator
• Bedrooms: Entry level is 4
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air; Electric heating
• Interior features: Eat-in kitchen; Elevator; ENERGY STAR qualified doors; High ceilings; Open kitchen; Stone counters; Storage; Washer/dryer hookup
• Laundry & utility: Washer; Dryer; Washer/dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $1.10M.

Deal economics

• At list price, monthly cash flow is $-3k ($-30k/yr) — negative.
• To cash-flow at today's rent, offer at most $800k (27.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $720k (34.4% below list).
• Recommended offer: $720k (34.4% below list) — sets the bar for 1% rule.
• Cap rate 3.5% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: Rents rising fast (+4.6%/yr); 133 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 4,467 units permitted in New York County in 2024 (4,463 in 5+ unit buildings).
• At $7,201/mo this rent would consume 67% of the median local household income ($130k/yr) (locally 2137% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $59k of equity ($8k loan paydown + $52k appreciation (4.7% local appreciation)).
• New York County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$95k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($1.08M) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $720,135 (34.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.66% ✗
• Cap rate: 3.52%
• Cash-on-cash: -9.91%
• DSCR: 0.56
• GRM: 12.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.7% appreciation · 4.59% rent growth · sell at horizon

5-year hold

• IRR: 4.3%
• Equity multiple: 1.28×
• Total profit: $84,620
• Equity at exit: $602,139

10-year hold

• IRR: 7.6%
• Equity multiple: 2.40×
• Total profit: $430,507
• Equity at exit: $1,022,972

Cash invested: $307,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10001

• Home prices YoY: 2.4%
• Rents YoY: 4.6%
• Active inventory: 133
• Price-to-rent: 12.7×

Monthly cashflow live

• Estimated rent: $7,201 high
• Mortgage (P&I): −$5,758
• Tax from tax record: −$1,158 /mo · $13,892/yr
• Insurance: −$458
• HOA est. from 3 same-building comps: −$856
• Vacancy / Maint / Mgmt: −$1,512
• Net cashflow: $-2,540

Break-even live

Break-even rent $10,417

Max offer price $649,282

Occupancy floor —

Sensitivity live

Price	-10% $-1,919	-5% $-2,229	+0% $-2,540	+5% $-2,851	+10% $-3,162
Rent	-10% $-3,109	-5% $-2,825	+0% $-2,540	+5% $-2,256	+10% $-1,971
Rate	-1.0pp $-1,987	-0.5pp $-2,261	base $-2,540	+0.5pp $-2,825	+1.0pp $-3,114

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $274,500
• Closing costs: $32,940
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
243 W 28th St #2143 New York, NY	1.0	1.0	580	$8,960	$15.45	19d	1	0.12mi
244 W 29th St Unit 2149 New York, NY	1.0	1.0	490	$9,720	$19.84	6d	2	0.13mi
360 W 34th St New York, NY	2.0	1.0–1.5	632	$6,100	$9.65	8d	3	0.21mi
435 W 31st St New York, NY	1.0	1.0	633	$13,963	$22.04	6d	27	0.21mi
160 W 24th St New York, NY	2.0	1.0–2.0	731	$7,896	$10.79	1d	12	0.38mi
525 W 28th St New York, NY	2.0	1.0–2.0	1116	$6,612	$5.92	8d	1	0.40mi
776 6th Ave New York, NY	2.0	1.0–2.0	756	$7,743	$10.24	1d	18	0.45mi
43 W 27th St #1055 New York, NY	2.0	1.0	740	$9,940	$13.43	25d	1	0.46mi
535 W 23rd St #1584 New York, NY	2.0	1.0–2.0	625	$8,330	$13.33	4d	3	0.50mi
180 W 20th St #1202 New York, NY	2.0	1.0–2.0	791	$9,505	$12.01	2d	3	0.56mi
120 W 21st St New York, NY	2.0	1.0–2.0	676	$7,070	$10.46	5d	14	0.56mi
555 10th Ave Unit 1018807P New York, NY	1.0	1.0	688	$9,726	$14.14	22d	1	0.60mi
309 5th Ave New York, NY	1.0	1.0	597	$7,596	$12.72	8d	13	0.60mi
450 W 42nd St #1693 New York, NY	2.0	1.0–2.0	690	$9,110	$13.20	2d	3	0.62mi
561 10th Ave #2085 New York, NY	2.0	1.0–2.0	795	$6,345	$7.98	8d	2	0.64mi
282 11th Ave New York, NY	2.0	1.0–2.0	960	$7,858	$8.18	1d	1	0.72mi
520 W 43rd St #742 New York, NY	1.0–2.0	1.0–2.0	769	$5,860	$7.62	8d	2	0.73mi
560 W 43rd St New York, NY	3.0	1.0–2.0	769	$5,265	$6.84	8d	5	0.78mi
101 W 15th St New York, NY	1.0	1.0	562	$9,550	$16.98	2d	2	0.79mi
130 W 15th St #1383 New York, NY	1.0–2.0	1.0–2.0	844	$9,200	$10.90	2d	2	0.80mi
30 Park Ave #1347 New York, NY	2.0	1.0	950	$7,890	$8.31	2d	3	0.80mi
605 W 42nd St Unit 1016142P New York, NY	2.0	1.0–2.0	720	$14,542	$20.18	10d	2	0.81mi
108 W 15th St #205 New York, NY	1.0–2.0	1.0	697	$6,050	$8.67	4d	2	0.82mi
635 W 42nd St #1990 New York, NY	1.0–2.0	1.0–2.0	750	$5,680	$7.57	8d	2	0.83mi
70 W 45th St #1131 New York, NY	1.0–2.0	1.0–2.0	902	$5,990	$6.64	8d	2	0.85mi
41 Park Ave New York, NY	2.0	1.0–2.0	815	$6,555	$8.04	8d	3	0.85mi
141 E 33rd St #1278 New York, NY	2.0	1.0–1.5	683	$6,230	$9.12	8d	3	0.90mi
622 11th Ave Unit 1402 New York, NY	2.0	1.0	715	$7,600	$10.63	8d	1	0.91mi
235 W 48th St #1400 New York, NY	2.0	1.0–2.0	687	$6,270	$9.12	8d	3	0.91mi
155 E 31st St #2190 New York, NY	1.0–2.0	1.0–1.5	725	$5,610	$7.74	8d	2	0.93mi
138 E 38th St New York, NY	3.0	1.0–2.0	750	$4,510	$6.01	25d	4	0.97mi
290 W 12th St #1592 New York, NY	1.0–2.0	1.0–2.0	515	$7,110	$13.81	8d	2	0.98mi
250 W 50th St New York, NY	2.0	1.0–2.0	784	$5,866	$7.48	8d	1	0.98mi
556 3rd Ave New York, NY	1.0	1.0	580	$5,240	$9.03	20d	2	1.01mi
556 3rd Ave New York, NY	1.0	1.0	540	$5,635	$10.44	2d	2	1.01mi
556 3rd Ave Unit 2244 New York, NY	1.0	1.0	500	$5,650	$11.30	3d	1	1.01mi
311 W 50th St #228 New York, NY	2.0	1.0–2.0	669	$6,470	$9.67	8d	3	1.01mi
290 3rd Ave #279 New York, NY	1.0	1.0	607	$9,740	$16.03	4d	2	1.02mi
18 W 48th St Unit 670 New York, NY	1.0	1.0	631	$7,730	$12.25	8d	1	1.03mi
754 9th Ave Unit 1017471P New York, NY	1.0	1.0	538	$7,284	$13.54	8d	1	1.04mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: gym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 5 events

1. 2026-04-11
   status Pending
2. 2026-03-18
   listed $1,098,000 Active
3. 2023-12-04
   soldstatus $1,079,345
4. 2023-11-09
   soldstatus $1,060,000 Sold 2160-char remark

   Show marketing remark (2160 chars)

   The ideal is indeed attainable. 300 West 30th Street presents the new era of condominium living. Influenced by the artful energy of Manhattan and placed in the heart of The Penn District, these modern residences boast sleek interiors by Workshop/APD, superior craftsmanship, and dream-like city views. This elegantly planned one bedroom, one bathroom residence enjoys west-facing exposure with dramatic floor-to-ceiling windows and wide white oak flooring throughout. The custom windowed kitchen features fully integrated Miele appliances, solid oak shelving, and lustrous white marble surfaces. The primary bathroom invokes a feeling of calm and relaxation with sophisticated elements such as white marble, satin birch wood-finished vanities with fluted cabinet doors, radiant heated floors, custom polished chrome faucets by Jaklo designed by Workshop/APD, and a rain shower. Deep closets complete your storage needs, and residents will enjoy the convenience of an in-home washer and dryer. 300 West 30th Street offers residents access to a chic and modern amenities package with a focus on seamlessly integrated outdoor space, perfect for co-working by day and entertaining by evening. Amenities include a 24-hour attended lobby, 2nd floor planted outdoor courtyard with grills, the 12th floor Sky Terrace with dramatic city views from Hudson Yards to the Empire State Building, sleek gym with natural light, and a lounge and co-working space with rooms that can be separated for privacy or expanded for entertaining, plus a catering pantry for private events. Located in The Penn District in the heart of Manhattan, 300 West 30th Street is within minutes of the new Moynihan Train Hall and every major subway. The Penn District is next to thriving Hudson Yards, offering numerous mainstays for high-end dining, shopping, and entertainment. This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. HW Manhattan One LLC. Sponsor address: 136-33 37th Ave, 8B, Flushing, NY 11354. All artist's renderings are for representational purposes only and subject to variances. File No. CD21-0119. Equal Housing Opportunity.

5. 2023-04-09
   listed $1,060,000 Active 2160-char remark

   Show marketing remark (2160 chars)

   The ideal is indeed attainable. 300 West 30th Street presents the new era of condominium living. Influenced by the artful energy of Manhattan and placed in the heart of The Penn District, these modern residences boast sleek interiors by Workshop/APD, superior craftsmanship, and dream-like city views. This elegantly planned one bedroom, one bathroom residence enjoys west-facing exposure with dramatic floor-to-ceiling windows and wide white oak flooring throughout. The custom windowed kitchen features fully integrated Miele appliances, solid oak shelving, and lustrous white marble surfaces. The primary bathroom invokes a feeling of calm and relaxation with sophisticated elements such as white marble, satin birch wood-finished vanities with fluted cabinet doors, radiant heated floors, custom polished chrome faucets by Jaklo designed by Workshop/APD, and a rain shower. Deep closets complete your storage needs, and residents will enjoy the convenience of an in-home washer and dryer. 300 West 30th Street offers residents access to a chic and modern amenities package with a focus on seamlessly integrated outdoor space, perfect for co-working by day and entertaining by evening. Amenities include a 24-hour attended lobby, 2nd floor planted outdoor courtyard with grills, the 12th floor Sky Terrace with dramatic city views from Hudson Yards to the Empire State Building, sleek gym with natural light, and a lounge and co-working space with rooms that can be separated for privacy or expanded for entertaining, plus a catering pantry for private events. Located in The Penn District in the heart of Manhattan, 300 West 30th Street is within minutes of the new Moynihan Train Hall and every major subway. The Penn District is next to thriving Hudson Yards, offering numerous mainstays for high-end dining, shopping, and entertainment. This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. HW Manhattan One LLC. Sponsor address: 136-33 37th Ave, 8B, Flushing, NY 11354. All artist's renderings are for representational purposes only and subject to variances. File No. CD21-0119. Equal Housing Opportunity.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $13,892 · $1,158/mo
• Projected year-2 tax: $16,224 · $1,352/mo
• Expected delta: +$2,332/yr (+$194/mo · 16.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $86,416
• − Mortgage interest: −$61,505
• − Property taxes: −$13,892
• − Insurance: −$5,490
• − Repairs & maintenance: −$6,913
• − Management: −$6,913
• − HOA: −$10,272
• − Depreciation: −$31,942
• Taxable loss: −$50,511
• Est. tax savings @ 24.0%: +$12,123
• After-tax cash flow: $-18,359/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: New York County · 1,599,927 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 30,511
• Household income: $129,852
• Rent vs Own: 75.9% rent · 24.1% own
• Severe rent burden: 2137.0

Population outlook (New York County) Hauer SSP2

• Today (2025): 1,825,725 people
• By 2030: 1,904,611 · +4.3%
• By 2040: 2,052,719 · +12.4%
• By 2050: 2,206,601 · +20.9%
• By 2075: 2,509,427 · +37.4%
• By 2100: 2,702,933 · +48.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 49% Hispanic / Latino 19% Asian 18% Two or more races 11% Black 10%
• Hispanic origin (detail): Mexican 1% Puerto Rican 6% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Lithuanian 2%
• Foreign-born: 27% · Canada, China, South Korea
• Languages at home: 72% English-only · Spanish 11% Chinese 6% Other Indo-European 2%

Political lean MEDSL · New York

• 2024 margin: Solid D (+64.8) · D 82.4% · R 17.6%
• 2008→2024 swing: -7.4pp toward R · 2008: 72.2pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+74.5 2016: D+77.2 2012: D+69.6 2008: D+72.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.70%
• Current HPI: 202.5074
• Rent YoY: ▲ 4.59%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+3.6% since first listed

5 events — show timeline

• 2026-04-11 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-18 Listed $1,098,000 OneKey® MLS as Distributed by MLS Grid
• 2023-12-04 Sold (Public Records) $1,079,345 Public Records
• 2023-11-09 Sold (MLS) $1,060,000 RLS at REBNY
• 2023-04-09 Listed $1,060,000 RLS at REBNY

Property tax history

+1.8%/yr

Latest (2025): $13,892 · +1.8% YoY. Source: county tax records.