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10 HANCOCK Street
About This Property
The main floor features an open, airy layout where the living, dining, and kitchen spaces flow seamlessly together. Natural light pours through a fully retractable glass wall in the kitchen, creating a seamless transition to the rear deck-perfect for dining under the stars. Anchoring the living space is a striking gas fireplace framed by a textured stone feature wall, offering a cozy focal point year-round.
A chef's dream, the state-of-the-art kitchen is outfitted with a full suite of premium stainless steel appliances, including a gas cooktop, dual wall ovens, wine coolers, and an oversized breakfast bar ideal for casual meals or gathering with guests.
The garden level offers a private bedroom suite with radiant heated floors and a luxurious en-suite bath. A spacious lounge or den complete with a wet bar and a second folding glass wall elevates your entertaining and relaxation, while a second full bath and laundry add convenience to the space.
Upstairs, you'll find a collection of private retreats. The third floor offers two generously sized bedrooms, each with custom walk-in closets and spa-like en-suite baths. One level above, the primary suite stuns with a grand living area, an oversized walk-in closet, and a lavish bathroom that feels like a five-star spa. An expansive study just down the hall makes the perfect home office or guest suite, while a powder room serves the show-stopping roof deck complete with panoramic neighborhood views.
Located just moments from neighborhood gems and convenient access to nearby parks and the A, C, and S trains, this home is a rare blend of elegance, scale, and location, situated just a short stroll from Clinton Hill and Prospect Heights.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017