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172 BAINBRIDGE Street
About This Property
Restored millwork captivates as you enter into a spacious parlor floor living room, ideal for entertaining. The gleaming parquet hardwood floors lead you to a kitchen that is a true culinary haven, boasting brand-new stainless steel appliances including a KitchenAid double wall oven and gas range, Bosch dishwasher, Fisher & Paykel fridge, and Summit wine cooler. The kitchen is further enhanced by ample custom cabinetry, a striking chevron tile backsplash, and Caesarstone quartz countertops. Enjoy a quick meal at the expansive breakfast bar or host a dinner party in the nearby dining nook, illuminated by large arched windows.
The ground floor houses two sun-drenched bedrooms. The front bedroom features a large custom closet and a nearby full bath, while the rear bedroom offers an en-suite bath and ample storage. Additionally, this floor provides the convenience of a washer and dryer, along with a full wet bar.
The second floor unveils the spacious master suite, complete with a private terrace and a large walk-in closet. The en-suite bath is a stunner, showcasing a marble-topped double vanity, a glass-enclosed shower, and sleek tile floors. An additional en-suite bedroom with high-end finishes completes this level. From here, venture through a luxurious sky door to find an expansive roof deck, perfect for enjoying views of the surrounding neighborhood.
Enjoy delectable meals at nearby eateries like Peaches Hot House and Saraghina. Located just minutes away, Fulton Park offers a delightful outdoor retreat. With the Utica Avenue express subway station only two blocks away, convenient travel around Brooklyn and neighboring boroughs is at your fingertips.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017