174-176 1st Avenue
About This Property
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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 |
---|---|---|---|
May 17, 2018 | Sold to 174-176 1st Avenue Owner Llc | ||
Sold to 174-176 1st Avenue Owner Llc | |||
Nov 19, 2015 | Sold to 174 First Avenue Associates... | ||
Sold to 174 First Avenue Associates... | |||
Jan 29, 2015 | Sold to 174 First Avenue Associates... | ||
Sold to 174 First Avenue Associates... | |||
Jun 13, 2013 | Listed by Compass | $10,000,000 | |
Listed by Compass |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/13/2013
| |
Studio
|
-
|
-
|
$10,000,000
Studio
-
|
$10,000,000
01/29/2015
|
-
|
Debra LaChance
The Corcoran Group
|
Building Info
