16 N MAY #511
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%.
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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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
2 Bed
|
2 Bath
|
2250 ft²
|
$980,000
2 Bed
2 Bath
2250 ft²
|
-
-
|
Anne Loncar
Coldwell Banker Realty
| |
|
01/24/2024
|
3 Bed
|
3 Bath
|
2178 ft²
|
$780,000
3 Bed
3 Bath
2178 ft²
|
$768,000
-1.54%
03/20/2024
|
Bo Xu
Corcoran Urban Real Estate
| |
|
07/06/2022
|
3 Bed
|
2 Bath
|
2225 ft²
|
$829,900
3 Bed
2 Bath
2225 ft²
|
$782,500
-5.71%
08/23/2022
|
Lora Perlman
Coldwell Banker
| |
|
08/06/2021
|
3 Bed
|
4 Bath
|
2650 ft²
|
$950,000
3 Bed
4 Bath
2650 ft²
|
$940,000
-1.05%
07/06/2022
|
Elena Theodoros
@properties Christie's International Real Estate
| |
|
03/30/2021
|
3 Bed
|
3 Bath
|
2178 ft²
|
$775,000
3 Bed
3 Bath
2178 ft²
|
$710,000
-8.39%
11/23/2021
|
Susan Nice
| |
|
10/27/2020
|
3 Bed
|
2 Bath
|
2145 ft²
|
$955,000
3 Bed
2 Bath
2145 ft²
|
-
-
|
-
| |
|
04/27/2017
|
3 Bed
|
4 Bath
|
2650 ft²
|
$899,000
3 Bed
4 Bath
2650 ft²
|
$899,000
06/29/2017
|
Kate Stephens
@properties Christie's International Real Estate
| |
|
08/15/2016
|
3 Bed
|
3 Bath
|
2200 ft²
|
$699,900
3 Bed
3 Bath
2200 ft²
|
$682,000
-2.56%
05/31/2017
|
Kate Stephens
Berkshire Hathaway HomeServices KoenigRubloff
| |
|
04/03/2007
|
2 Bed
|
3 Bath
|
2100 ft²
|
$517,000
2 Bed
3 Bath
2100 ft²
|
$517,000
06/12/2007
|
Richard DeMaria
@properties Christie's International Real Estate
| |
|
12/13/2006
|
2 Bed
|
3 Bath
|
2300 ft²
|
$549,900
2 Bed
3 Bath
2300 ft²
|
$520,000
-5.44%
02/20/2007
|
Richard DeMaria
@properties Christie's International Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017