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Map
Floor Plan
111 W 78th Street
About This Property
The original features such as wood wainscotting and wood-burning fireplaces add a sense of warmth and authenticity to the space, while the tall ceilings create an air of grandeur and spaciousness. The prospect of renovating and customizing the property "as is" presents endless possibilities for creating a home tailored to one's preferences and lifestyle.
Furthermore, the location on a tree-lined landmarked Upper West Side street, just steps away from iconic landmarks like Central Park and Riverside Park, offers residents a quintessential New York City experience. The convenience of nearby public transportation options ensures easy access to the rest of the city, while the abundance of restaurants, nightspots, and cultural venues in the area provides endless opportunities for exploration and enjoyment.
In summary, this townhouse presents a rare and exciting opportunity to craft a bespoke home that seamlessly blends history, charm, and modern convenience in one of New York City's most vibrant and desirable neighborhoods.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Apr 12, 2024 | Listed by The Heller Organization Inc | $4,195,000 | |
Listed by The Heller Organization Inc | |||
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Absolutely! The townhouse at 111 West 78th Street offers an
exceptional opportunity for those seeking a unique blend of
history, character, and modern living in one of New York City's
most sought-after neighborhoods. With its long-standing family
ownership, this property has witnessed generations of history and
now awaits a new chapter in its story.
The original features such as wood wainscotting and wood-burning
fireplaces add a sense of warmth and authenticity to the space,
while the…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
About Upper Manhattan
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