129 W 89TH Street #27
About This Property
129 West 89 Street is a professionally managed and pet-friendly pre-war Condominium with a beautiful lobby, video intercom, live-in superintendent, bike room, elevator, and central laundry. This highly desirable Upper West Side location is situated between Central Park and Riverside Park and is directly adjacent to the gorgeous and tranquil West Side Community Garden, a neighborhood gem. Transportation is easily accessible with the 1 train on Broadway and 86th Street, the B and C trains on Central Park West with an entrance on West 88th Street, and the crosstown bus on West 86th Street. All of the Upper West Side's finest dining, shopping, and entertainment options are at your doorstep including Trader Joe's on 93rd and Columbus and Murray's Sturgeon Shop on 89th and Broadway. Taxes for a pied a terre or investor are $922.53.
Please note there is an assessment for $240.13 per month until 9/2025 for capital improvements including a new dual fuel boiler conversion.
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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 |
---|---|---|---|
Apr 1, 2021 | No longer available | - | |
No longer available | |||
Mar 31, 2021 | Sold to Mimi H Ng | $737,000 | |
Sold to Mimi H Ng | |||
Feb 2, 2021 | In contract | - | |
In contract | |||
Dec 17, 2020 | Price Decreased |
$750,000
↓ $49K
(6.1%)
|
|
Price Decreased | |||
Oct 14, 2020 | Listed by Brown Harris Stevens Residential Sales LLC | $799,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/23/2024
|
1 Bed
|
1 Bath
|
431 ft²
|
$575,000
1 Bed
1 Bath
431 ft²
|
$600,000
+4.35%
09/17/2024
|
-
|
Michael Miarecki
Sotheby's International Realty, Inc.
|
|
09/14/2023
|
1 Bed
|
1 Bath
|
667 ft²
|
$749,000
1 Bed
1 Bath
667 ft²
|
$745,000
-0.53%
12/14/2023
|
-
|
Alina Furer
Level Group Inc
|
|
04/24/2023
|
Studio
|
1 Bath
|
-
|
$540,000
Studio
1 Bath
|
$555,000
+2.78%
07/17/2023
|
-
|
Yuli Tsai
Compass
|
|
02/17/2021
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$537,500
-2.27%
06/14/2021
|
-
|
Hoffman Hildreth
Compass
|
|
10/14/2020
|
1 Bed
|
1 Bath
|
750 ft²
|
$799,000
1 Bed
1 Bath
750 ft²
|
$737,000
-7.76%
04/01/2021
|
-
|
Anna Kahn
Brown Harris Stevens Hamptons
|
|
08/13/2020
|
Studio
|
1 Bath
|
-
|
$575,000
Studio
1 Bath
|
$525,000
-8.70%
01/14/2021
|
-
|
Elizabeth Pizzulli
The Corcoran Group
|
|
08/14/2018
|
Studio
|
1 Bath
|
460 ft²
|
$575,000
Studio
1 Bath
460 ft²
|
$565,000
-1.74%
11/05/2018
|
-
|
Laura Matiz
Douglas Elliman Real Estate
|
|
11/10/2017
|
1 Bed
|
1 Bath
|
668 ft²
|
$920,000
1 Bed
1 Bath
668 ft²
|
$920,000
02/16/2018
|
-
|
Kathy Murray
Douglas Elliman Real Estate
|
|
01/12/2017
|
1 Bed
|
1 Bath
|
626 ft²
|
$899,000
1 Bed
1 Bath
626 ft²
|
$899,000
02/05/2021
|
-
|
Steven W Gold
Corcoran Group
|
|
05/02/2016
|
1 Bed
|
1 Bath
|
626 ft²
|
$939,000
1 Bed
1 Bath
626 ft²
|
-
-
|
-
|
Emma Maitland
Atelier WM LLC
|
|
03/25/2015
|
1 Bed
|
1 Bath
|
700 ft²
|
$700,000
1 Bed
1 Bath
700 ft²
|
$800,001
+14.29%
09/23/2015
|
-
|
Trisha Riedel
Reserve Partners
|
|
03/10/2015
|
Studio
|
1 Bath
|
500 ft²
|
$545,000
Studio
1 Bath
500 ft²
|
$575,000
+5.50%
04/10/2015
|
-
|
Nikki Sun
Elliman
|
|
09/16/2014
|
Studio
|
1 Bath
|
-
|
$529,000
Studio
1 Bath
|
$497,000
-6.05%
02/05/2021
|
-
|
Charles Mazalatis
Maz Group NY LLC
|
|
08/19/2014
|
1 Bed
|
1 Bath
|
750 ft²
|
$750,000
1 Bed
1 Bath
750 ft²
|
$750,000
02/05/2021
|
-
|
Caroline Rocco
Sothebys International Realty
|
|
06/18/2014
|
Studio
|
1 Bath
|
460 ft²
|
$580,000
Studio
1 Bath
460 ft²
|
-
-
|
-
|
Nikki Sun
Elliman
|
|
05/08/2014
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
-
-
|
-
|
Nikki Sun
Elliman
|
|
05/01/2014
|
1 Bed
|
1 Bath
|
-
|
$820,000
1 Bed
1 Bath
|
$820,000
02/05/2021
|
-
|
Caroline Rocco
Sothebys International Realty
|
|
04/03/2014
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
$530,000
+6.21%
02/05/2021
|
-
|
Brian K. Lewis
Compass
|
|
07/03/2013
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$750,000
+7.30%
02/05/2021
|
-
|
Brian K. Lewis
Compass
|
|
04/03/2013
|
1 Bed
|
1 Bath
|
665 ft²
|
$679,000
1 Bed
1 Bath
665 ft²
|
$679,000
02/05/2021
|
-
|
Shirley Ritenour
Brown Harris Stevens Residential Sales LLC
|
|
02/05/2013
|
Studio
|
1 Bath
|
460 ft²
|
$499,000
Studio
1 Bath
460 ft²
|
$495,000
-0.80%
08/05/2013
|
-
|
Cord Stahl
Compass
|