10
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1501 Herring Avenue
About This Property
Strategically located for easy access making it exceptionally convenient. Its high-visibility corner position ensures excellent exposure for any business, while the spacious layout provides flexibility for a range of uses. Ample square footage and an extraordinary location, this property is ready to support business growth, attract customers, and deliver investment returns. Don't miss out on the chance to secure a commercial asset with this much potential!
1501,1505,1509,1513(Lot) Herring to be included in sale!
Listed By
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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 |
|---|---|---|---|
| Nov 10, 2025 | Listed by Agents Of Texas, LLC | $349,999 | |
| Listed by Agents Of Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/02/2024
| |
Loft
|
-
|
-
|
$449,000
Loft
-
|
-
-
|
Mercedes Lane
Central Realty
|
|
02/02/2019
| |
Studio
|
-
|
5000 ft²
|
$150,000
Studio
-
5000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017