104 N 3rd St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2026 | Price Decreased |
$625,000
↓ $25K
(3.8%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed | $649,900 | |
| Listed | |||
| Oct 20, 2025 | No longer available | - | |
| No longer available | |||
| Apr 15, 2025 | Listed by Coldwell Banker - Elevated Realty | $690,000 | |
| Listed by Coldwell Banker - Elevated Realty | |||
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This amazing property was completely updated in 2018 and offers endless possibilities for both residential and commercial use! Currently operating a successful salon on the ground level, and a spacious private residence on the upper this versatile commercial/residential space makes it an ideal owner-operator or perfect for generating rental income. The upstairs boasts a full kitchen, three spacious bedrooms, two bathrooms, a convenient laundry room, and a generous living area-perfect for comfortable living. On the ground level, the retail space is designed for functionality and flexibility, featuring a half bath, laundry facilities, and a kitchen/eating area, along with multiple private areas and offices that can be tailored to suit various business needs. With wonderful views and an excellent location, this property provides tons of square footage and a solid rental history, making it a smart investment. There is plenty of room to build a garage, adding even more value to this already impressive property. Don't miss out on this exceptional opportunity to own a fully updated property that combines residential comfort with commercial potential. Act now and make this versatile space your own!
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| May 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017