125 E 4TH Street #27
About This Property
This rarely available and pristinely charming pre-war five room, two bedroom + home office apartment offers exceptional space and value for downtown living . Perched on the fifth floor of a boutique co-op, apartment 27 offers a gracious layout with sun flooded Southern views of the downtown skyline. Boasting quintessential East Village charm, the 9'3" ceiling height creates an inspiring atmosphere complete with an open concept living/dining area and generous wall space for showcasing artwork. The turn-key galley kitchen with stainless steel appliances includes a microwave, dishwasher, wine cooler, and Miele espresso maker; while the granite island countertop offers extra space for use as a breakfast bar or for entertaining guests. With hardwood floors and ample closets throughout, the apartment features two bedrooms, and a third windowed convertible bedroom ideally for visitors or use as a home office.
125 East 4th Street is a boutique 6 story co-op with a live in superintendent, laundry room, and bike storage. This pet friendly building permits co-purchasing and gifting with board approval. Located nearby transportation on the crossroads of the East Village, Lower East side, and Noho, there is access to a wealth of cultural institutions and restaurants in the area, as well as local parks and universities. This unique home has been loved and cared for by the current owners, and awaits its new owner to enjoy for years to come.
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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 |
---|---|---|---|
Sep 13, 2024 | Price Decreased |
$930,000
↓ $9K
(1%)
|
|
Price Decreased | |||
Sep 13, 2024 | Relisted | $939,000 | |
Relisted | |||
Aug 23, 2024 | No longer available | - | |
No longer available | |||
Apr 8, 2024 | Listed by Douglas Elliman Real Estate | $939,000 | |
Listed by Douglas Elliman Real Estate | |||
Dec 4, 2018 | 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 | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/21/2024
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$651,000
+13.22%
07/29/2024
|
-
|
Bridget Harvey
Elliman
|
|
10/06/2023
|
Loft
|
-
|
-
|
$90,000
Loft
-
|
-
-
|
-
|
Jingya Wang
MEHOME Realty
|
|
08/07/2023
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$605,000
-10.37%
04/12/2024
|
-
|
Diana Devendorf Rice
Sotheby's International Realty, Inc.
|
|
03/26/2023
|
Loft
|
-
|
-
|
$110,000
Loft
-
|
-
-
|
-
|
Si Yuan Chen
MEHOME Realty
|
|
02/03/2022
|
2 Bed
|
1 Bath
|
-
|
$800,000
2 Bed
1 Bath
|
$713,000
-10.88%
07/20/2022
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
|
|
09/09/2021
|
2 Bed
|
1 Bath
|
-
|
$625,000
2 Bed
1 Bath
|
$626,000
+0.16%
02/03/2022
|
-
|
Norhana Ariffin
Halstead Property, LLC
|
|
07/16/2021
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
$605,000
01/17/2022
|
-
|
Jeremy Bilgre
Bond New York Properties LLC
|
|
03/11/2021
|
2 Bed
|
1 Bath
|
-
|
$590,000
2 Bed
1 Bath
|
$580,000
-1.69%
07/22/2021
|
-
|
Chelsea Werner
Bold New York
|
|
01/08/2020
|
2 Bed
|
1 Bath
|
600 ft²
|
$599,000
2 Bed
1 Bath
600 ft²
|
$505,000
-15.69%
04/06/2021
|
-
|
Jessica Chestler
Elliman
|
|
11/27/2018
|
2 Bed
|
1 Bath
|
-
|
$575,000
2 Bed
1 Bath
|
$575,000
04/29/2019
|
-
|
Marjorie Dybec
Prudential Douglas Elliman Real Estate
|
|
02/12/2018
|
2 Bed
|
1 Bath
|
-
|
$775,000
2 Bed
1 Bath
|
$775,000
06/06/2018
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
|
|
09/30/2015
|
2 Bed
|
1 Bath
|
-
|
$910,000
2 Bed
1 Bath
|
$910,000
02/05/2021
|
-
|
Jay Overbye
Brown Harris Stevens Residential Sales LLC
|
|
04/30/2015
|
2 Bed
|
1 Bath
|
-
|
$1,100,011
2 Bed
1 Bath
|
$1,100,011
02/05/2021
|
-
|
Jay Overbye
Brown Harris Stevens Residential Sales LLC
|
|
04/13/2015
|
2 Bed
|
1 Bath
|
-
|
$859,000
2 Bed
1 Bath
|
$859,000
07/01/2015
|
-
|
Jon Varnedoe
Elliman
|
|
05/07/2014
|
2 Bed
|
1 Bath
|
-
|
$650,000
2 Bed
1 Bath
|
$650,000
05/07/2014
|
-
|
Tam Le
Corcoran Group
|
|
04/22/2014
|
2 Bed
|
1 Bath
|
600 ft²
|
$600,000
2 Bed
1 Bath
600 ft²
|
$635,000
+5.83%
06/15/2014
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
|
|
03/25/2014
|
2 Bed
|
1 Bath
|
-
|
$549,000
2 Bed
1 Bath
|
$540,000
-1.64%
02/05/2021
|
-
|
Ari Daniel
The Shoppe
|
|
09/21/2013
|
2 Bed
|
1 Bath
|
600 ft²
|
$539,000
2 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Jon Varnedoe
Elliman
|
|
06/07/2013
|
2 Bed
|
1 Bath
|
-
|
$650,000
2 Bed
1 Bath
|
$650,000
09/30/2013
|
-
|
Julianne Bond
Triplemint
|
|
04/29/2013
|
2 Bed
|
1 Bath
|
-
|
$575,000
2 Bed
1 Bath
|
-
-
|
-
|
Tracie S Hamersley
Prudential Douglas Elliman Real Estate
|
|
01/10/2013
|
2 Bed
|
2 Bath
|
-
|
$554,000
2 Bed
2 Bath
|
$554,000
02/05/2021
|
-
|
Louise Phillips Forbes
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 29 Units
- 3 Units for Sale