1515 4th Avenue
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2023 | Listed by B & W Realty Group LLC | $220,000 | |
| Listed by B & W Realty Group LLC | |||
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This multi-use property sits on 21,780 sq ft lot and is flexible to suit a variety of business needs. NEWLY RENOVATED! New appliances, new wall, new floor, new bathroom. The building is well-suited for a wide range of businesses, making it an attractive option for any business looking to establish a presence in the area. Refrigerator, washer and dryer will be staying with the property. NO HOA, UNRESTRICTED Don't miss this opportunity purchase a versatile commercial property in a prime location. Contact your favorite real estate agent to schedule a tour and see all that this property has to offer. Please verify all information independently.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017