2
Map
1517 Adee Avenue
About This Property
The property offers approximately 2,375 buildable square feet (FAR 1.0), allowing for the construction of a detached 1–2 family home, making it perfect for end-users or developers seeking strong resale or rental potential. Situated in a well-established residential neighborhood with convenient access to major highways, public transportation, and shopping corridors including Bay Plaza and MTA 5 Train station.
Drive by today and make your offer before it gone.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 11, 2026 | Price Decreased |
$245,000
↓ $14K
(5.4%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Han Tang Realty Inc. | $259,000 | |
| Listed by Han Tang Realty Inc. | |||
| Mar 15, 2022 | Listed | $249,000 | |
| Listed | |||
| | |||
|
Prime Baychester, Bronx, Vacant Land with R4-1 Zoning & FAR: 2, 2,137 SF Buildable. Lot Size: 25'x95'. Price: $249,000.
| |||
| Mar 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017