140 Nassau St #5A
About This Property
The apartment is currently configured as a two bedroom one bath. Bring your architect and create your own one of a kind home. Only your imagination stops you from redesigning this incredible space. As you enter you are struck with the 13 ft. ceilings. The first bedroom has a lovely walk in closet. The bath is small and should be expanded. In the great room a phalanx of windows fills the space with light. A flight of stairs leads to the large office /bedroom. Back of the great room a brick wall with arch leads to the kitchen and loft sleeping place. The kitchen can use updating or could be reconfigured on the other side of the original brick wall and the current kitchen turned into a second bath. As with all great spaces only your imagination limits what you can create.
In addition there is a lovely roof deck Priced to sell at $1,849,000. Maintenance only $1973.74
140 is around the corner from Spruce School, a few blocks from Fulton Center providing access to all major subways. Full time super, Washer dryers allowed, Fios available, 75% financing, pet friendly, tax deductibility 60%. Subleasing with board approval.
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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 |
---|---|---|---|
Feb 5, 2021 | Sold | $1,900,000 | |
Sold | |||
Aug 8, 2017 | Sold to Jonathan Pepper | $1,900,000 | |
Sold to Jonathan Pepper | |||
Feb 7, 2017 | Listed by Tudor Realty Services Corp. | $1,795,500 | |
Listed by Tudor Realty Services Corp. | |||
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PRICE IMPROVEMENT. RARELY AVAILABLE SPACIOUS LIGHT-FILLED LOFT FOR
SALE. 140 Nassau Street, Apt. 5A. Located in the famous Morse
building built in 1880 by relatives of Samuel Morse. The loft is
approximately 1,650 square feet with soaring 13-foot ceilings.
Currently configured as a two-bedroom, one-bathroom apartment with
a sleeping loft, it can be configured any way you wish. Bring your
architect and create the home of your dreams.
As you enter the main salon you are dazzled by soaring…
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May 13, 2015 | Listed by Tudor Realty Services Corp. | $1,849,000 | |
Listed by Tudor Realty Services Corp. |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/13/2024
|
1 Bed
|
1 Bath
|
1400 ft²
|
$1,565,000
1 Bed
1 Bath
1400 ft²
|
$1,350,000
-13.74%
08/22/2024
|
-
|
Dorothy Zeidman
The Corcoran Group
|
|
04/21/2023
|
1 Bed
|
1 Bath
|
1325 ft²
|
$1,495,000
1 Bed
1 Bath
1325 ft²
|
$1,250,000
-16.39%
12/21/2023
|
-
|
Leslie Mintzer
Brown Harris Stevens Residential Sales LLC
|
|
01/05/2022
|
2 Bed
|
2 Bath
|
-
|
$1,995,000
2 Bed
2 Bath
|
$1,800,000
-9.77%
10/30/2022
|
-
|
Richard Rothbloom
Brown Harris Stevens
|
|
06/21/2021
|
2 Bed
|
2 Bath
|
1460 ft²
|
$2,199,000
2 Bed
2 Bath
1460 ft²
|
$2,000,000
-9.05%
01/03/2022
|
-
|
Bradley Cooper
Corcoran Group
|
|
12/30/2020
|
2 Bed
|
2 Bath
|
1984 ft²
|
$1,995,000
2 Bed
2 Bath
1984 ft²
|
$1,795,000
-10.03%
09/28/2021
|
-
|
Pamela D Arc
Compass
|
|
07/06/2020
|
2 Bed
|
2 Bath
|
-
|
$2,350,000
2 Bed
2 Bath
|
$2,100,000
-10.64%
12/10/2020
|
-
|
Emily Beare
Core Long Island LLC
|
|
09/12/2019
|
1 Bed
|
1 Bath
|
1300 ft²
|
$1,385,000
1 Bed
1 Bath
1300 ft²
|
$1,385,000
08/20/2020
|
-
|
Leslie Mintzer
Brown Harris Stevens Residential Sales LLC
|
|
09/05/2018
|
2 Bed
|
2 Bath
|
1950 ft²
|
$2,300,000
2 Bed
2 Bath
1950 ft²
|
$2,175,000
-5.43%
04/05/2019
|
-
|
Leslie Mintzer
Brown Harris Stevens Residential Sales LLC
|
|
09/05/2018
|
3 Bed
|
2 Bath
|
2725 ft²
|
$3,750,000
3 Bed
2 Bath
2725 ft²
|
$3,635,000
-3.07%
02/14/2019
|
-
|
Katherine Salyi
Sothebys International Realty
|
|
09/25/2017
|
2 Bed
|
1 Bath
|
-
|
$1,895,000
2 Bed
1 Bath
|
$1,895,000
12/29/2017
|
-
|
Richard Rothbloom
Brown Harris Stevens
|
|
04/12/2017
|
2 Bed
|
2 Bath
|
-
|
$2,100,128
2 Bed
2 Bath
|
$2,100,128
08/01/2017
|
-
|
Richard Rothbloom
Brown Harris Stevens
|
|
02/07/2017
|
2 Bed
|
1 Bath
|
1650 ft²
|
$1,795,500
2 Bed
1 Bath
1650 ft²
|
$1,900,000
+5.82%
02/05/2021
|
-
|
Ronald Webster
FirstService Residential New York Inc
|
|
05/13/2015
|
2 Bed
|
1 Bath
|
-
|
$1,849,000
2 Bed
1 Bath
|
-
-
|
-
|
Ronald Webster
FirstService Residential New York Inc
|
|
11/08/2014
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
$2,100,000
02/05/2021
|
-
|
Leslie A Mintzer
Brown Harris Stevens
|
|
12/20/2013
|
1 Bed
|
1.5 Bath
|
-
|
$1,850,000
1 Bed
1.5 Bath
|
$1,850,000
02/05/2021
|
-
|
Amy Rea
Halstead dba Brown Harris Stevens Residential Sales LLC
|
|
06/28/2013
|
1 Bed
|
1 Bath
|
1750 ft²
|
$1,600,000
1 Bed
1 Bath
1750 ft²
|
$1,500,000
-6.25%
11/21/2013
|
-
|
Barbara Seltzer
Douglas Elliman Real Estate
|
|
03/14/2013
|
2 Bed
|
2 Bath
|
-
|
$1,500,000
2 Bed
2 Bath
|
$1,325,000
-11.67%
09/12/2013
|
-
|
Suzanne Brose
Weichert Properties
|