103 3rd Street #2
About This Property
One flight up, enter into the apartment?s first living space: an open kitchen and dining room with ample room for entertainment and cooking. The open chef?s kitchen features energy-efficient stainless steel appliances, a deep sink with garbage disposal, porcelain backsplash and excellent cabinet storage. Upstairs, relax in your living room with light streaming in through the oversized windows.
Each level of the duplex has two bedrooms: one generous master bedroom with large double closets and en-suite bathroom with double sinks, deep soaking tubs, and Kohler appliances. The second bedrooms on each level are also ample-sized with custom closets. Each floor has a hallway bathroom with standing glass shower and penny-tile floors, as well as a washer and dryer for the utmost convenience. Other modern conveniences include central air and heat, controllable on each floor. Up another two flights from the apartment is your own private roof deck.
Third + Bond is a 44 unit LEED Platinum green condominium on the border of two fantastic neighborhoods - Carroll Gardens and Gowanus. Enjoy the trendy neighborhood restaurants and bars such as Lavender Lake, Pig Beach, Freek?s Mill, Ugly Baby, and Ample Hills Creamery. Whole Foods is down the street and the F/G at Smith-9th St provides easy access to Manhattan and throughout Brooklyn.
With a tax abatement until 2027 and private storage, this apartment is perfect for those seeking the space and privacy of a townhouse with the amenities of a condo building.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2020 | No longer available | - | |
| No longer available | |||
| Jan 31, 2020 | Sold | ||
| Sold | |||
| Nov 2, 2019 | In contract | - | |
| In contract | |||
| Oct 22, 2019 | Price Decreased |
$1,995,000
↓ $155K
(7.2%) | |
| Price Decreased | |||
| Sep 17, 2019 | Price Decreased |
$2,150,000
↓ $100K
(4.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2020
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$495,000
-5.71%
05/21/2021
|
Michael Soheil
Corcoran Group
| |
|
04/29/2019
|
4 Bed
|
4 Bath
|
2095 ft²
|
$2,600,000
4 Bed
4 Bath
2095 ft²
|
$1,995,000
-23.27%
01/31/2020
|
Debra Bondy
The Corcoran Group
| |
|
04/16/2015
|
4 Bed
|
4 Bath
|
2095 ft²
|
$2,300,000
4 Bed
4 Bath
2095 ft²
|
$2,300,000
02/05/2021
|
Phyllis D. Norton Towers
Brown Harris Stevens
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017