151 W COMMERCE STREET
About This Property
This stately 19th-century residence earned its name from the impressive 14-inch stone walls that surround the home. Rich in character and history, it showcases beautifully preserved period details such as stained-glass windows, wainscoting, 11-foot ceilings, oak woodwork, intricate hardware, grand 9-foot pocket doors, carved oak mantles, and stunning hardwood floors.
Offering plenty of space, the home features 8 bedrooms, 6 full bathrooms, and 2 half baths-ideal for large families, multi-generational living, or potential rental opportunities. The walkout basement provides abundant storage space and easy access to the outdoors, while the working wood-burning fireplace adds warmth and charm.
Recent updates include modernized electrical wiring (no knob-and-tube) completed in the 2000s, a 3-year-old gas heater, and an 80-gallon water heater installed 5 years ago, and a slate roof that complements its timeless design.
Ample off-street parking is available, and up to 33% of the home may be utilized for commercial purposes, offering endless possibilities for business or mixed-use ventures.
Don't miss this rare opportunity to own a piece of local history with incredible potential for personal or income-generating use!
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$424,999
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Feb 18, 2026 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Dec 29, 2025 | Price Decreased |
$449,900
↓ $25K
(5.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Bridgeton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017