1880 VIRGINIA AVENUE
About This Property
The exterior showcases Vermont slate roofing with copper accents and gutters, approximately 1 acre of sweeping gardens with specimen plantings, extensive millwork with bracketed beam molding and rafter tails, scalloped shingles framing arched garage doors, substantial fieldstone columns, and European-style windows and doors by Luxbaum. Every element reflects bespoke craftsmanship executed to the highest standard.
Inside, the residence continues to impress with uncompromising finishes and architectural refinement. European country style, hand-scraped, wide-plank pine floors anchor the interiors, complemented by seven masonry fireplaces with gas log sets, intricate custom millwork, custom furniture grade cabinetry, Rocky Mountain hardware, and layers of texture through designer lighting, Waterworks plumbing fixtures, wallcoverings by Thibaut and Schumacher, and exquisitely edged marble surfaces.
State-of-the-art systems support the home at every turn: geothermal HVAC with individual bedroom and bath thermostats, Lutron lighting, motorized window treatments, Sonos audio, an elevator, and a commercial-grade whole-house generator.
The layout balances entertaining with private retreats. Highlights include a chef's kitchen with Wolf and Miele appliances, Calacatta Gold marble island, and Waterworks fixtures; a lower-level executive office with concealed patent and workshop rooms and direct entrance from the exterior; a 1,000-bottle wine cellar; spa & gym; and terrazzo-topped bar. The primary suite features a serene balcony, custom walk-in closets with hidden storage, and a hotel-inspired luxury bath. Each guest suite offers either a zero-entry shower or a tub and all have individually zoned radiant floors.
Additional amenities include a three-car garage with showroom-quality epoxy flooring, a sports storage closet, a private lower-level guest suite with separate entrance, and specialty rooms such as an atelier with custom craft and wrapping storage, massage room, and a gracious upper-level laundry with fossil stone counters.
A rare offering in one of the region's most distinguished neighborhoods, 1880 Virginia Avenue seamlessly blends classic architecture with modern innovation-delivering privacy, sophistication, and enduring style for generations to come.
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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.
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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