156 Broadway #2D
About This Property
Unit 2D is a studio duplex with a sleeping loft and 2 full bathrooms that features:
- 16' ceilings and original prewar wall of exposed brick
- Incredible sunlight from its double height southern exposure
- Private 70 sq. ft. terrace off the living room
- Wide plank 5" oak floors that have been whitewashed
- Gorgeous hand-wrought iron railed staircase
- Bertazzoni and Fisher/Payklel appliance package
- Central A/C and washer/dryer
- Extremely low monthly carrying costs
156 Broadway is truly unique and boutique: a converted 8-unit loft building with elevator and video intercom, located on the most vibrant street in south Williamsburg with access to the best dining, drinking and shopping in the neighborhood. You're just 4 blocks to the J/M/Z train at Marcy Ave and 5 blocks to the waterfront at Domino Park.
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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%.
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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 |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2022 | Listed by The Agency Brokerage | $975,000 | |
| Listed by The Agency Brokerage | |||
| Aug 27, 2015 | Sold | ||
| Sold | |||
| Dec 23, 2014 | Listed by Aptsandlofts.com | $795,000 | |
| Listed by Aptsandlofts.com | |||
| | |||
|
Introducing the Grand Opening of 156 Broadway Loft Condominiums The open, airy and sun-drenched lofts of 156 Broadway are any urban dweller?s dream. The fa?ade features classic brickwork and unique masonry while residences provide a choice of sprawling duplex or triplex layouts. Select units boast soaring approximately 18-foot ceilings in living spaces, double height windows and stunning original exposed brick. Each loft is outfitted with reclaimed pine wood doors, 5? wide-plank whitewashed oak floors and custom staircases built from hand-wrought metal ? placing a truly unique masterpiece in the center of your living room. Stylish yet practical is the setting for each incredibly rare, architecturally designed residence. The open kitchens feature white inset shaker-style, vintage wire and glass cabinets, accented by ivory beveled subway tile backsplashes with red grout for a distinctive flair. Top-of-the-line stainless steel appliances include brand names Electrolux, Bertazzoni and Fisher & Paykel rounding out the truly industrial chic ambiance. Each loft offers two luxurious and serene bathrooms that you will simply fall in love with. Main level bathrooms feature oversized white subway tiles, custom weathered pine vanities with Caeserstone countertops and deep-soaking tubs for complete relaxation. Upper level, Euro-style ?wet rooms? boast a 2nd full bathroom with beautiful large format soothing grey tiles, standup shower and floor-to-ceiling frosted glass opening into a sleep loft / bedroom. Building highlights include a passenger elevator, video intercoms, washer/dryer hookups and a spacious common roof deck with spectacular views of the Williamsburg Bridge, Downtown Manhattan skyline and the historic Williamsburg Savings Bank. Just outside your door, you?ll find dozens of eclectic boutiques, carefully curated specialty shops and top dining options that South Williamsburg is known for: famed Motorino Pizzeria, Bembe, OTB Bar and Restaurant, Marlow & Sons, Diner, the delectable Pies N Thighs and the legendary Peter Lugers Steakhouse. The J, M, & Z subway lines and East River Ferry at Schaefer Landing are conveniently located to whisk you to Downtown or Midtown Manhattan in minutes, and Citi Bike docking stations are just blocks away at Broadway and Berry Street and Bedford Ave and 9th Street. This is not an offering. The complete offering terms are available in an offering plan from the sponsor: Upreal Broadway LLC, CD 13-0177
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/13/2024
|
1 Bed
|
2 Bath
|
876 ft²
|
$1,395,000
1 Bed
2 Bath
876 ft²
|
$1,355,000
-2.87%
05/30/2024
|
Maurice Singer
Triplemint
| |
|
11/30/2022
|
Studio
|
2 Bath
|
705 ft²
|
$975,000
Studio
2 Bath
705 ft²
|
$945,000
-3.08%
10/05/2023
|
Maurice Singer
The Agency Brokerage
| |
|
09/06/2018
|
1 Bed
|
2 Bath
|
668 ft²
|
$895,000
1 Bed
2 Bath
668 ft²
|
$880,000
-1.68%
12/18/2018
|
Steven Dawson
Compass
| |
|
10/02/2017
|
1 Bed
|
1 Bath
|
712 ft²
|
$889,000
1 Bed
1 Bath
712 ft²
|
$889,000
01/10/2018
|
Maurice Singer
The Corcoran Group
| |
|
11/20/2015
|
Studio
|
2 Bath
|
876 ft²
|
$985,000
Studio
2 Bath
876 ft²
|
$985,000
02/05/2021
|
Oleg Gandelman
Compass
| |
|
09/29/2015
|
Studio
|
2 Bath
|
712 ft²
|
$825,000
Studio
2 Bath
712 ft²
|
$840,056
+1.82%
12/04/2015
|
Oleg Gandelman
Aptsandlofts.com
| |
|
08/25/2015
|
Studio
|
2 Bath
|
621 ft²
|
$750,000
Studio
2 Bath
621 ft²
|
$750,000
02/05/2021
|
Daniel Rash
MNS
| |
|
08/25/2015
|
Studio
|
2 Bath
|
877 ft²
|
$995,000
Studio
2 Bath
877 ft²
|
$995,000
02/05/2021
|
Oleg Gandelman
Compass
| |
|
12/23/2014
|
Studio
|
2 Bath
|
645 ft²
|
$745,000
Studio
2 Bath
645 ft²
|
$758,596
+1.82%
09/09/2015
|
Oleg Gandelman
Aptsandlofts.com
| |
|
12/23/2014
|
Studio
|
2 Bath
|
705 ft²
|
$795,000
Studio
2 Bath
705 ft²
|
$819,691
+3.11%
08/27/2015
|
Oleg Gandelman
Aptsandlofts.com
| |
|
12/23/2014
|
Studio
|
2 Bath
|
668 ft²
|
$775,000
Studio
2 Bath
668 ft²
|
$778,961
+0.51%
08/24/2015
|
Oleg Gandelman
Aptsandlofts.com
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017