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116 2ND Place #2
About This Property
Residence 2: The parlor floor is of grand proportions, featuring soaring 10+ foot high ceilings, two large bedrooms both with large walk-in closets, two bathrooms with a master en-suite bathroom, and enormous living and dining spaces. The master bedroom has a south facing 7' 8' terrace overlooking the garden below.
All residences at 116 2nd Place feature polished Carrera marble countertops imported from Italy, custom shaker cabinetry, 5 inch wide plank select grade white oak flooring, sub-zero refrigerators, Wolf ranges, Miele dishwashers, and Miele stackable washer/dryer units. Select units include Sub-Zero wine refrigerators and Sub-Zero convection ovens. The bathrooms all feature Carrera marble tiled floors and Carrera marble tiled walls to the ceilings. All apartments feature unusually high ceilings due to the grandiose architectural style in which the building was originally built.
116 2nd Place is supremely located between amenity rich Smith & Court Streets surrounded by the very best parks, schools, boutiques, grocers, restaurants and cafes that Brooklyn has to offer. Transportation is convenient with F & G trains on the corner at the Carroll Street stop.
This is not an offering. Complete offering terms are contained in an Offering Plan available from the sponsor, File #CD18-0158
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | In contract | - | |
| In contract | |||
| Jan 27, 2022 | Listed by Douglas Elliman Real Estate | $2,200,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2023
|
2 Bed
|
3 Bath
|
2170 ft²
|
$2,250,000
2 Bed
3 Bath
2170 ft²
|
$2,150,000
-4.44%
08/25/2023
|
David Troutman
Elliman
| |
|
03/24/2022
|
1 Bed
|
1 Bath
|
1100 ft²
|
$1,810,000
1 Bed
1 Bath
1100 ft²
|
$1,810,000
09/22/2022
|
Dennis Cetinkaya
Douglas Elliman Real Estate
| |
|
01/27/2022
|
2 Bed
|
2 Bath
|
1475 ft²
|
$2,200,000
2 Bed
2 Bath
1475 ft²
|
$2,200,000
09/07/2022
|
Dennis Cetinkaya
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017