1220 Hand Avenue #DE
About This Property
The manager has listed the unit size as 50000 square feet.
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Your Estimated Monthly Payment
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2021 | No longer available | - | |
| No longer available | |||
| Nov 21, 2020 | No longer available | - | |
| No longer available | |||
| Nov 21, 2020 | Listed | $13 | |
| Listed | |||
| | |||
|
Building 1230 has frontage on Hand Avenue and is built out with air conditioning and 10' ceilings. Each unit has walk through doors in the front with roll up doors in the back.1230 A & B- 2,500 square feet divisible to 1,250 square feet-Retail frontage- $13/SF NNN1220 D&E- 2,500 square feet- $13 NNN1290 D - 1,250 square feet, Industrial and Office/Warehouse - $1,100/mthPass Through Expenses = +/-$3.50
| |||
| Jan 27, 2020 | Relisted | $13 | |
| Relisted | |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2024
| |
Loft
|
-
|
5000 ft²
|
$13
Loft
-
5000 ft²
|
-
-
|
Carl Lentz
SVN Alliance Commercial Real Estate Advisors
|
|
01/09/2024
|
Loft
|
-
|
-
|
$18
Loft
-
|
-
-
|
Carl Lentz
SVN Alliance Commercial Real Estate Advisors
| |
|
02/20/2021
|
Loft
|
-
|
2500 ft²
|
$1,100
Loft
-
2500 ft²
|
-
-
|
-
| |
|
11/21/2020
|
Loft
|
-
|
-
|
$13
Loft
-
|
-
-
|
-
| |
|
05/30/2020
|
Loft
|
-
|
2500 ft²
|
$14
Loft
-
2500 ft²
|
-
-
|
-
| |
|
03/07/2020
| |
Studio
|
-
|
-
|
$28,900
Studio
-
|
-
-
|
-
|
|
01/17/2020
|
Loft
|
-
|
-
|
$8
Loft
-
|
-
-
|
-
| |
|
12/13/2019
|
Loft
|
-
|
-
|
$9
Loft
-
|
-
-
|
-
| |
|
12/13/2019
|
Loft
|
-
|
2500 ft²
|
$13
Loft
-
2500 ft²
|
-
-
|
-
| |
|
05/03/2019
|
Studio
|
-
|
50000 ft²
|
$10
Studio
-
50000 ft²
|
-
-
|
-
| |
|
05/03/2019
|
Loft
|
-
|
50000 ft²
|
$13
Loft
-
50000 ft²
|
-
-
|
-
| |
|
05/03/2019
|
Studio
|
-
|
50000 ft²
|
$10
Studio
-
50000 ft²
|
-
-
|
-
| |
|
05/03/2019
|
Studio
|
-
|
50000 ft²
|
$13
Studio
-
50000 ft²
|
-
-
|
-
| |
|
01/09/2019
| |
Studio
|
-
|
-
|
$6,000,000
Studio
-
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017