19-19 24TH Avenue #L119
About This Property
19-19 24th Avenue has a rich history, originally built in 1912 as the Mallison Silk Mills and later repurposed for manufacturing Eagle Electric light bulb fuses. In 2008, it was transformed into a cooperative building.
Building amenities include a 24-hour doorman, laundry facilities on every floor, BuildingLink concierge service, a fitness center, a bike room, available storage units, two onsite parking garages, and a live-in superintendent. Owners must reside in the unit for one year before subletting, subject to board approval and fees. Pets are welcome with board approval.
Listed By
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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%.
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 21, 2024 | Listed by Corcoran Group | $580,000 | |
Listed by Corcoran Group | |||
Nov 14, 2019 | No longer available | - | |
No longer available | |||
Nov 13, 2019 | Sold to Maryjean Rebeiro Revocable ... | $534,581 | |
Sold to Maryjean Rebeiro Revocable ... | |||
Oct 16, 2019 | In contract | - | |
In contract | |||
Aug 27, 2019 | Price Decreased |
$537,300
↓ $38K
(6.6%)
|
|
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/26/2023
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$510,000
-0.97%
10/03/2023
|
Mario Lituma
Corcoran Group
|
||
06/30/2022
|
1 Bed
|
1 Bath
|
-
|
$565,000
1 Bed
1 Bath
|
-
-
|
-
|
Ivan Mijalkovic
Corcoran Group
|
|
01/15/2022
|
1 Bed
|
1 Bath
|
1038 ft²
|
$685,000
1 Bed
1 Bath
1038 ft²
|
$665,000
-2.92%
06/17/2022
|
Lazar Ilic
Spire Group Inc
|
||
07/16/2021
|
1 Bed
|
1 Bath
|
1161 ft²
|
$665,000
1 Bed
1 Bath
1161 ft²
|
$635,000
-4.51%
11/23/2021
|
Lazar Ilic
Spire Group Inc
|
||
10/02/2020
|
2 Bed
|
2 Bath
|
1551 ft²
|
$925,000
2 Bed
2 Bath
1551 ft²
|
$895,000
-3.24%
11/24/2021
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
06/20/2019
|
1 Bed
|
1 Bath
|
796 ft²
|
$590,000
1 Bed
1 Bath
796 ft²
|
$534,581
-9.39%
11/13/2019
|
Mario Lituma
Corcoran Group
|
||
05/17/2019
|
1 Bed
|
1 Bath
|
868 ft²
|
$565,000
1 Bed
1 Bath
868 ft²
|
$565,000
11/06/2019
|
-
|
Mario Lituma
The Corcoran Group
|
|
09/25/2018
|
1 Bed
|
1 Bath
|
1200 ft²
|
$735,000
1 Bed
1 Bath
1200 ft²
|
$721,000
-1.90%
02/25/2019
|
Lazar Ilic
Spire Group Inc
|
||
09/20/2017
|
1 Bed
|
1 Bath
|
1072 ft²
|
$559,000
1 Bed
1 Bath
1072 ft²
|
$555,000
-0.72%
03/09/2018
|
Lazar Ilic
Spire Group Inc
|
||
11/02/2015
|
1 Bed
|
1 Bath
|
1035 ft²
|
$545,000
1 Bed
1 Bath
1035 ft²
|
-
-
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
07/15/2015
|
1 Bed
|
1 Bath
|
1065 ft²
|
$577,000
1 Bed
1 Bath
1065 ft²
|
$560,000
-2.95%
11/25/2015
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
02/13/2015
|
1 Bed
|
1 Bath
|
727 ft²
|
$371,000
1 Bed
1 Bath
727 ft²
|
$371,000
02/26/2015
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
12/01/2014
|
1 Bed
|
1 Bath
|
823 ft²
|
$398,000
1 Bed
1 Bath
823 ft²
|
-
-
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
12/01/2014
|
3 Bed
|
3 Bath
|
2921 ft²
|
$1,095,000
3 Bed
3 Bath
2921 ft²
|
-
-
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
11/17/2014
|
1 Bed
|
1 Bath
|
709 ft²
|
$360,000
1 Bed
1 Bath
709 ft²
|
$342,000
-5.00%
01/21/2015
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
09/14/2014
|
1 Bed
|
1 Bath
|
879 ft²
|
$391,000
1 Bed
1 Bath
879 ft²
|
$390,000
-0.26%
12/02/2014
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
08/22/2014
|
1 Bed
|
1 Bath
|
941 ft²
|
$369,000
1 Bed
1 Bath
941 ft²
|
$360,000
-2.44%
10/29/2014
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
06/11/2014
|
1 Bed
|
1 Bath
|
677 ft²
|
$359,000
1 Bed
1 Bath
677 ft²
|
$340,000
-5.29%
12/31/2014
|
-
|
Lazar Ilic
Spire Group Inc.
|
|
08/26/2012
|
1 Bed
|
1 Bath
|
685 ft²
|
$269,000
1 Bed
1 Bath
685 ft²
|
-
-
|
-
|
Marc Schaeffer
Halstead Property, LLC
|
Building Info
- 191 Units
- 2 Units for Sale