380 Rector Pl, New York, NY 10280

2 bd · 2 ba · 1,096 sqft · built 1987 · New York · CONDOS·source listing ↗

$2,000,000

$3,999,999 first listed

seller intel

Price cut

−50.0%

from $3,999,999

Motivation score

55/100

OnePercent model (vv1)$6,916/mo

wide honest range — HUD/comp anchors · $3,590–$6,916

HUD Fair Market Rent · 10280 · 2BR$3,590/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

New York

Flood risk indexRelatively Low FEMA NRI

Median household income$206,299

Median area rent$3,501/mo

Median home value$976,300

the verdict

0.35%⚠vs 0.8% target

Unverified — model rent disagrees with HUD/comps

financing: 20% down · — (FRED, live) · 30yr

$2,000,000

0.35% · unverified

Intrinsic value · income approach

$1,257,222

59% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.