10604 TECHNOLOGY TERRACE #6
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%.
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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 |
|---|---|---|---|
| Jun 14, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | Listed | $615,000 | |
| Listed | |||
| | |||
|
NEW flex space building of 17,941 SF, consisting of a total of 8 units of 2,124 SF each and 1 unit of 3,073 SF.
8 units will be ready for occupation by the first quarter of 2025.
Each unit is FULLY air-conditioned and consists of one office (300 SF), restroom (48 SF) and a warehouse space. Multiple units can be combined.
Storefront façade with a 12’ x 14’ roll-up door at the back of each unit.
50 parking spaces
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2024
|
Loft
|
-
|
-
|
$615,000
Loft
-
|
$615,000
06/14/2025
|
Filiz Kayali
Elite Sales Group
| |
|
12/02/2024
|
Loft
|
-
|
-
|
$615,000
Loft
-
|
$600,000
-2.44%
06/14/2025
|
Filiz Kayali
Elite Sales Group
| |
|
11/03/2024
|
Loft
|
-
|
-
|
$925,000
Loft
-
|
$925,000
06/14/2025
|
Filiz Kayali
Elite Sales Group
| |
|
10/30/2024
|
Loft
|
-
|
-
|
$615,000
Loft
-
|
$600,000
-2.44%
06/14/2025
|
Filiz Kayali
Elite Sales Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017