135 W 16TH Street #21
About This Property
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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%.
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 |
---|---|---|---|
Jun 27, 2019 | No longer available | - | |
No longer available | |||
Jun 26, 2019 | Sold | ||
Sold | |||
Mar 16, 2019 | In contract | - | |
In contract | |||
Feb 18, 2019 | Listed by Corcoran Group | $715,000 | |
Listed by Corcoran Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/28/2024
|
1 Bed
|
1 Bath
|
528 ft²
|
$1,150,000
1 Bed
1 Bath
528 ft²
|
$999,000
-13.13%
07/17/2024
|
-
|
Carl Ed Hardesty
Compass Greater NY, LLC
| |
01/10/2024
|
2 Bed
|
1 Bath
|
800 ft²
|
$1,300,000
2 Bed
1 Bath
800 ft²
|
$1,335,000
+2.69%
05/02/2024
|
-
|
Gerald R Gemignani
Corcoran Group
| |
04/20/2021
|
1 Bed
|
1 Bath
|
-
|
$1,175,000
1 Bed
1 Bath
|
$1,080,000
-8.09%
10/07/2021
|
-
|
Kevin McManus
Douglas Elliman Real Estate
| |
02/18/2019
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
$725,000
+1.40%
06/26/2019
|
-
|
Trisha Lawton
The Corcoran Group
| |
05/12/2016
|
2 Bed
|
1 Bath
|
875 ft²
|
$1,295,000
2 Bed
1 Bath
875 ft²
|
$1,325,000
+2.32%
08/01/2016
|
-
|
Joshua B Rubin
Douglas Elliman Real Estate
| |
04/12/2015
|
2 Bed
|
1 Bath
|
-
|
$1,300,000
2 Bed
1 Bath
|
$1,300,000
07/17/2015
|
-
|
Trisha Lawton
The Corcoran Group
|
Building Info
