111 3rd Avenue #8A
About This Property
Situated in a doorman building in the highly desirable neighborhoods of East Village, Union Square, Gramercy, and Greenwich Village, this condo-op at 111 Third Ave offers a rare opportunity for unlimited subletting after one year of residency. It also allows for co-purchasing, pied-a-terre ownership, and welcomes pets.
Residents enjoy amenities such as a full-time doorman, a beautifully landscaped roof deck with breathtaking 360-degree views and a bocce court, a newly renovated courtyard with a basketball court and BBQ area, laundry facilities, and a live-in superintendent.
Located at the crossroads of East Village, Gramercy Park, and Union Square, this residence is just a block away from the Union Square subway station (serving the 4, 5, 6, L, N, Q, R, and W trains), as well as the renowned Union Square Farmer's Market, Trader Joe's, and Whole Foods.
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 9, 2024 | Listed by R New York | $735,000 | |
Listed by R New York | |||
May 12, 2015 | Sold to Wai Ming Siu | $669,000 | |
Sold to Wai Ming Siu | |||
Sep 18, 2014 | Listed by Citi Habitats, Inc. | $699,000 | |
Listed by Citi Habitats, Inc. | |||
|
|||
Live in this triple mint one bedroom in full-time doorman condop
with liberal sublet policy. This apartment Facing West, with great
light and great open city views including glittery Empire State
Building view to the north , Newly gut renovated spa-like bathroom,
and High-end kitchen with wine cooler. All custom built-ins closets
. The apartment over looks Third Avenue from high floor and
receives brilliant sunlight through 20 feet of west-facing windows.
111 has recently renovated Lobby…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/16/2024
|
1 Bed
|
1 Bath
|
-
|
$740,000
1 Bed
1 Bath
|
$740,000
07/25/2024
|
-
|
Tamara Earnest
Compass Greater NY, LLC
|
|
04/10/2024
|
1 Bed
|
1 Bath
|
636 ft²
|
$685,000
1 Bed
1 Bath
636 ft²
|
$685,000
08/12/2024
|
-
|
Alison Mcqueen
Corcoran Group
|
|
03/23/2024
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$733,500
+5.54%
06/20/2024
|
-
|
Betul Ekmekci
R New York
|
|
08/21/2023
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$572,000
+8.95%
10/02/2023
|
-
|
Scott Waldman
Corcoran Group
|
|
10/10/2022
|
Studio
|
1 Bath
|
-
|
$675,000
Studio
1 Bath
|
$600,000
-11.11%
05/10/2023
|
-
|
Michael Rohrer
Compass
|
|
09/12/2022
|
1 Bed
|
1 Bath
|
-
|
$730,000
1 Bed
1 Bath
|
$725,000
-0.68%
12/23/2022
|
-
|
Mark Griffith
Compass
|
|
09/12/2022
|
2 Bed
|
2 Bath
|
-
|
$1,400,000
2 Bed
2 Bath
|
$1,200,000
-14.29%
04/22/2023
|
-
|
Harry DiOrio
Elliman
|
|
09/06/2022
|
3 Bed
|
2 Bath
|
-
|
$1,999,999
3 Bed
2 Bath
|
$1,999,999
12/23/2022
|
-
|
Jenna Amicucci
Compass
|
|
07/20/2022
|
2 Bed
|
2 Bath
|
-
|
$1,595,000
2 Bed
2 Bath
|
$1,585,000
-0.63%
11/18/2022
|
-
|
Ivana Tagliamonte
Compass
|
|
07/11/2022
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$530,000
+0.95%
09/27/2022
|
-
|
Mark Griffith
Compass
|
|
06/06/2022
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
$715,000
08/25/2022
|
-
|
Scott Waldman
Corcoran Group
|
|
03/10/2022
|
Studio
|
1 Bath
|
-
|
$699,000
Studio
1 Bath
|
$710,000
+1.57%
05/16/2022
|
-
|
David Glick
Elliman
|
|
01/22/2022
|
1 Bed
|
1 Bath
|
-
|
$710,000
1 Bed
1 Bath
|
$725,000
+2.11%
06/03/2022
|
-
|
Elizabeth Butler
Compass
|
|
10/12/2021
|
Studio
|
1 Bath
|
-
|
$699,000
Studio
1 Bath
|
$699,000
10/22/2021
|
-
|
Elaine Mayers
Corcoran Group
|
|
10/08/2021
|
1 Bed
|
1 Bath
|
-
|
$679,000
1 Bed
1 Bath
|
$660,000
-2.80%
02/04/2022
|
-
|
Scott Waldman
Corcoran Group
|
|
09/30/2021
|
Studio
|
1 Bath
|
-
|
$695,000
Studio
1 Bath
|
$695,000
02/10/2022
|
-
|
Yesim Ak
Compass
|
|
09/13/2021
|
1 Bed
|
1 Bath
|
-
|
$720,000
1 Bed
1 Bath
|
$715,000
-0.69%
02/19/2022
|
-
|
Jessica Rains
Compass
|
|
06/28/2021
|
Studio
|
1 Bath
|
-
|
$699,000
Studio
1 Bath
|
$675,000
-3.43%
12/15/2021
|
-
|
Elaine Mayers
Corcoran Group
|
|
05/11/2021
|
1 Bed
|
1 Bath
|
-
|
$739,000
1 Bed
1 Bath
|
$730,000
-1.22%
11/15/2021
|
-
|
Inna Post
Albert Feinstein
|
|
01/04/2021
|
Studio
|
1 Bath
|
-
|
$575,000
Studio
1 Bath
|
-
-
|
-
|
William Fink
Oxford Property Group
|
|
12/23/2020
|
1 Bed
|
1 Bath
|
-
|
$749,000
1 Bed
1 Bath
|
$715,000
-4.54%
12/23/2020
|
-
|
Elaine Mayers
Corcoran Group
|
|
12/02/2020
|
1 Bed
|
1 Bath
|
-
|
$825,000
1 Bed
1 Bath
|
$800,000
-3.03%
04/21/2021
|
-
|
Scott Waldman
Corcoran Group
|
|
10/19/2020
|
1 Bed
|
1 Bath
|
-
|
$719,000
1 Bed
1 Bath
|
$660,000
-8.21%
08/05/2021
|
-
|
Scott Waldman
Corcoran Group
|
|
09/08/2020
|
Studio
|
1 Bath
|
-
|
$669,000
Studio
1 Bath
|
$599,000
-10.46%
10/27/2021
|
-
|
Scott Waldman
Corcoran Group
|
|
08/27/2020
|
1 Bed
|
1 Bath
|
700 ft²
|
$869,000
1 Bed
1 Bath
700 ft²
|
$840,000
-3.34%
06/08/2021
|
-
|
Scott Waldman
Corcoran Group
|
|
07/30/2020
|
Studio
|
1 Bath
|
-
|
$699,000
Studio
1 Bath
|
$620,000
-11.30%
12/15/2021
|
-
|
Elaine Mayers
Corcoran Group
|
|
02/27/2020
|
Studio
|
1 Bath
|
-
|
$579,000
Studio
1 Bath
|
$500,000
-13.64%
08/06/2020
|
-
|
Elaine Mayers
Corcoran Group
|
|
02/05/2020
|
1 Bed
|
1 Bath
|
-
|
$679,000
1 Bed
1 Bath
|
$635,000
-6.48%
06/19/2020
|
-
|
Scott Waldman
Corcoran Group
|
|
08/14/2019
|
Studio
|
1 Bath
|
550 ft²
|
$519,000
Studio
1 Bath
550 ft²
|
$530,000
+2.12%
02/15/2020
|
-
|
Elaine Mayers
Corcoran Group
|
|
05/30/2018
|
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
10/16/2018
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$660,000
-5.58%
05/28/2019
|
-
|
Elaine Mayers
Corcoran Group
|
|
10/10/2018
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$699,000
01/25/2019
|
-
|
Elaine Mayers
Corcoran Group
|
|
06/02/2017
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$675,000
-3.43%
02/05/2021
|
-
|
Elaine Mayers
Corcoran Group
|
|
01/31/2017
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,615,000
2 Bed
2 Bath
1300 ft²
|
$1,615,000
07/19/2017
|
-
|
Taylor Travaglione
Compass
|
|
10/25/2016
|
1 Bed
|
1 Bath
|
550 ft²
|
$699,000
1 Bed
1 Bath
550 ft²
|
$735,000
+5.15%
02/10/2017
|
-
|
Susan Lamia
The Corcoran Group
|
|
04/29/2016
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,950,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
|
Ruth Sobie
Halstead Property, LLC
|
|
04/28/2016
|
3 Bed
|
2 Bath
|
-
|
$1,715,000
3 Bed
2 Bath
|
$1,715,000
03/09/2017
|
-
|
Eugene Litvak
Citi Habitats, Inc.
|
|
03/28/2016
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$399,000
08/12/2016
|
-
|
Sharone Shatz
Corcoran Group
|
|
03/24/2016
|
Studio
|
1 Bath
|
520 ft²
|
$678,000
Studio
1 Bath
520 ft²
|
$660,000
-2.65%
08/05/2016
|
-
|
Nina Hausner
Compass
|
|
02/29/2016
|
1 Bed
|
1 Bath
|
-
|
$825,000
1 Bed
1 Bath
|
$825,000
02/05/2021
|
-
|
Paul Anand
The Corcoran Group
|
|
02/09/2016
|
2 Bed
|
1 Bath
|
-
|
$899,000
2 Bed
1 Bath
|
$875,000
-2.67%
06/24/2016
|
-
|
Elaine Mayers
Corcoran Group
|
|
01/05/2016
|
1 Bed
|
1 Bath
|
550 ft²
|
$599,000
1 Bed
1 Bath
550 ft²
|
$615,000
+2.67%
03/16/2016
|
-
|
Sang Kwon
Compass
|
|
01/03/2016
|
1 Bed
|
1 Bath
|
510 ft²
|
$699,000
1 Bed
1 Bath
510 ft²
|
$640,000
-8.44%
05/16/2016
|
-
|
Jared Schwadron
Prudential Douglas Elliman Real Estate
|
|
11/07/2015
|
1 Bed
|
1 Bath
|
510 ft²
|
$699,000
1 Bed
1 Bath
510 ft²
|
$700,000
+0.14%
02/17/2016
|
-
|
Kristina Leonetti
Compass
|
|
05/11/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,400,000
2 Bed
2 Bath
1000 ft²
|
$1,375,000
-1.79%
08/12/2015
|
-
|
Barbara Seltzer
Douglas Elliman Real Estate
|
|
09/18/2014
|
1 Bed
|
1 Bath
|
550 ft²
|
$699,000
1 Bed
1 Bath
550 ft²
|
$669,000
-4.29%
05/10/2015
|
-
|
Leasing Office 15 Cliff
Rose Associates Inc
|
|
05/13/2014
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,495,000
2 Bed
2 Bath
1300 ft²
|
$1,650,000
+10.37%
08/07/2014
|
-
|
Tasha Trice
Halstead Property, LLC
|
|
05/02/2014
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$600,000
+0.84%
08/26/2014
|
-
|
Joshua Rubin
Douglas Elliman Real Estate
|
|
03/17/2014
|
1 Bed
|
1 Bath
|
510 ft²
|
$549,000
1 Bed
1 Bath
510 ft²
|
$575,000
+4.74%
06/03/2014
|
-
|
Susan Singer
Compass
|
|
10/30/2013
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$615,000
-5.24%
04/09/2014
|
-
|
Sofia Falleroni
Compass
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$779,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Roberta Tepper
Elliman
|
|
04/15/2013
|
1 Bed
|
1 Bath
|
510 ft²
|
$525,000
1 Bed
1 Bath
510 ft²
|
-
-
|
-
|
Stephan M.
Town Flatiron, LLC
|
|
02/13/2013
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$455,525
+3.76%
05/09/2013
|
-
|
Kristina Leonetti
Compass
|
|
12/13/2012
|
1 Bed
|
1 Bath
|
-
|
$429,000
1 Bed
1 Bath
|
$429,000
02/05/2021
|
-
|
Yvonne DeNigris
Sotheby's International Realty, Inc.
|
|
10/09/2012
|
Studio
|
1 Bath
|
510 ft²
|
$429,000
Studio
1 Bath
510 ft²
|
$441,000
+2.80%
01/09/2013
|
-
|
Kristina Leonetti
Compass
|
|
10/03/2012
|
Studio
|
1 Bath
|
-
|
$459,000
Studio
1 Bath
|
$465,525
+1.42%
02/05/2021
|
-
|
Matthew Russell
Brown Harris Stevens Residential Sales LLC
|
|
09/26/2012
|
2 Bed
|
2 Bath
|
1100 ft²
|
$990,000
2 Bed
2 Bath
1100 ft²
|
$990,000
02/05/2021
|
-
|
Derek Olsen
Elliman
|
|
09/24/2012
|
2 Bed
|
2 Bath
|
1250 ft²
|
$1,295,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
Joshua B Rubin
Prudential Douglas Elliman Real Estate
|
|
02/22/2011
|
2 Bed
|
2 Bath
|
1080 ft²
|
$771,400
2 Bed
2 Bath
1080 ft²
|
$771,400
04/24/2012
|
-
|
James Cornell
Corcoran Group
|
|
02/22/2011
|
2 Bed
|
2 Bath
|
1092 ft²
|
$779,860
2 Bed
2 Bath
1092 ft²
|
$779,860
03/21/2012
|
-
|
James Cornell
Corcoran Group
|
|
11/09/2010
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$452,500
-4.74%
02/05/2021
|
-
|
Laura Denise Milkowski
Corcoran Group
|
|
09/15/2010
|
1 Bed
|
2 Bath
|
994 ft²
|
$639,000
1 Bed
2 Bath
994 ft²
|
$639,000
11/29/2012
|
-
|
James Cornell
Corcoran Group
|
Building Info
- 157 Units
- 1 Unit for Sale