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Map
131 Java Street
About This Property
With no landmark restrictions, this generous 25×100 lot presents a blank canvas for customization, all while benefiting from low real estate taxes, enhancing its appeal. Although the home is in need of renovation, this provides a unique opportunity to design and reimagine a home that reflects your personal style and vision.
Situated on a serene, tree-lined street, 131 Java Street is mere minutes away from the vibrant pulse of Greenpoint's dining, nightlife, shopping, and retail offerings. With its rare width and untapped potential, this property is a rare opportunity to craft a truly exceptional residence in one of Brooklyn's most desirable neighborhoods. Embrace the potential and create something extraordinary in this coveted enclave.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2024 | Listed by Compass | $2,900,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/17/2024
| |
8 Bed
|
3 Bath
|
4062 ft²
|
$2,900,000
8 Bed
3 Bath
4062 ft²
|
$2,725,000
-6.03%
08/29/2025
|
Nickolai Parker
Prudential Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017