199 Mott Street #2
About This Property
199 Mott is the epitome of a luxury boutique building: only 11 units serviced by a 24-hour doorman, round-the-clock service, additional storage and a large landscaped rooftop terrace. Timeless and original, 199 Mott St. is located in the heart of one of Manhattan's best neighborhoods.
Co-listed with Adam Modlin of Modlin Group.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 14, 2024 | Sold to Steven Greenberg, The 199 M... | $5,360,000 | |
Sold to Steven Greenberg, The 199 M... | |||
Jan 26, 2024 | In contract | - | |
In contract | |||
Jan 9, 2024 | Price Decreased |
$5,395,000
↓ $605K
(10.1%) | |
Price Decreased | |||
Nov 1, 2023 | Listed by Compass | $5,999,999 | |
Listed by Compass | |||
Aug 9, 2021 | Temporarily off market | - | |
Temporarily off market |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/28/2024
|
2 Bed
|
2 Bath
|
1225 ft²
|
$2,600,000
2 Bed
2 Bath
1225 ft²
|
$2,540,000
-2.31%
04/18/2024
|
-
|
Ildiko Gugan
Citi Habitats, Inc.
| |
11/01/2023
|
3 Bed
|
3 Bath
|
2907 ft²
|
$5,999,999
3 Bed
3 Bath
2907 ft²
|
$5,360,000
-10.67%
03/14/2024
|
Carl Gambino
Compass
| ||
05/10/2022
|
2 Bed
|
2 Bath
|
1227 ft²
|
$2,999,999
2 Bed
2 Bath
1227 ft²
|
$2,625,000
-12.50%
09/13/2022
|
Carl Gambino
Compass
| ||
08/13/2021
|
3 Bed
|
3 Bath
|
3088 ft²
|
$8,250,000
3 Bed
3 Bath
3088 ft²
|
$10,000,000
+21.21%
03/04/2023
|
-
|
Jaf Glazer
Conquest Advisors
| |
06/16/2019
|
2 Bed
|
2 Bath
|
1225 ft²
|
$2,795,000
2 Bed
2 Bath
1225 ft²
|
$2,712,500
-2.95%
06/04/2020
|
Kevin Sneddon
Compass
| ||
05/08/2019
|
2 Bed
|
2 Bath
|
1230 ft²
|
$3,250,000
2 Bed
2 Bath
1230 ft²
|
$2,825,000
-13.08%
10/10/2019
|
James Weiss
Corcoran Group
| ||
01/11/2018
|
3 Bed
|
3 Bath
|
2907 ft²
|
$5,500,000
3 Bed
3 Bath
2907 ft²
|
$5,600,380
+1.83%
03/07/2018
|
Glenn Davis
Douglas Elliman Real Estate
| ||
07/29/2017
| |
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
-
|
02/06/2017
|
3 Bed
|
3 Bath
|
2628 ft²
|
$6,750,000
3 Bed
3 Bath
2628 ft²
|
$6,500,000
-3.70%
06/14/2017
|
-
|
Caroline Aim
Keller Williams NYC
| |
09/19/2016
|
3 Bed
|
3 Bath
|
2907 ft²
|
$6,350,000
3 Bed
3 Bath
2907 ft²
|
-
-
|
-
|
Justin Tuinstra
Prudential Douglas Elliman Real Estate
| |
05/09/2016
|
2 Bed
|
2 Bath
|
1227 ft²
|
$3,595,000
2 Bed
2 Bath
1227 ft²
|
-
-
|
-
|
Nicholas Z.
Douglas Elliman Real Estate
| |
05/09/2016
|
4 Bed
|
4 Bath
|
-
|
$7,450,000
4 Bed
4 Bath
|
-
-
|
-
|
Nicholas Z.
Douglas Elliman Real Estate
| |
05/09/2016
|
2 Bed
|
2 Bath
|
1229 ft²
|
$3,650,000
2 Bed
2 Bath
1229 ft²
|
$3,350,000
-8.22%
01/25/2017
|
Nicholas Z.
Elliman
| ||
02/05/2016
|
3 Bed
|
3 Bath
|
2907 ft²
|
$7,750,000
3 Bed
3 Bath
2907 ft²
|
-
-
|
-
|
Emily Beare
Core Long Island LLC
| |
10/12/2015
|
3 Bed
|
3 Bath
|
2894 ft²
|
$7,700,000
3 Bed
3 Bath
2894 ft²
|
-
-
|
-
|
Jelena Ljubarskaja
Albert Feinstein Real Estate LLC
| |
01/12/2015
|
2 Bed
|
2 Bath
|
1229 ft²
|
$2,950,000
2 Bed
2 Bath
1229 ft²
|
$3,003,840
+1.83%
08/05/2015
|
Meris Blumstein
Corcoran Group
| ||
11/13/2014
|
3 Bed
|
3 Bath
|
2907 ft²
|
$7,800,000
3 Bed
3 Bath
2907 ft²
|
-
-
|
-
|
Meris G Blumstein
Corcoran Group
| |
08/26/2014
|
3 Bed
|
3 Bath
|
3088 ft²
|
$11,500,000
3 Bed
3 Bath
3088 ft²
|
$10,793,400
-6.14%
08/25/2015
|
Meris Blumstein
Corcoran Group
| ||
08/22/2014
|
2 Bed
|
2 Bath
|
1225 ft²
|
$2,900,000
2 Bed
2 Bath
1225 ft²
|
$3,054,750
+5.34%
08/13/2015
|
Meris Blumstein
Corcoran Group
| ||
07/28/2014
|
2 Bed
|
2 Bath
|
1225 ft²
|
$3,000,000
2 Bed
2 Bath
1225 ft²
|
$3,003,837
+0.13%
08/11/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
07/18/2014
|
2 Bed
|
2 Bath
|
1229 ft²
|
$3,000,000
2 Bed
2 Bath
1229 ft²
|
$3,000,000
08/05/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
05/27/2014
|
2 Bed
|
2 Bath
|
1229 ft²
|
$2,700,000
2 Bed
2 Bath
1229 ft²
|
$2,698,362
-0.06%
08/18/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
05/27/2014
|
2 Bed
|
2 Bath
|
1225 ft²
|
$2,600,000
2 Bed
2 Bath
1225 ft²
|
$2,902,012
+11.62%
08/13/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
05/27/2014
|
2 Bed
|
2 Bath
|
1229 ft²
|
$2,950,000
2 Bed
2 Bath
1229 ft²
|
$2,978,837
+0.98%
09/17/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
05/27/2014
|
2 Bed
|
2 Bath
|
1227 ft²
|
$2,900,000
2 Bed
2 Bath
1227 ft²
|
$2,927,468
+0.95%
09/17/2015
|
-
|
Meris Blumstein
The Corcoran Group
| |
05/27/2014
|
3 Bed
|
3 Bath
|
2894 ft²
|
$7,500,000
3 Bed
3 Bath
2894 ft²
|
$7,382,312
-1.57%
08/21/2015
|
-
|
Meris Blumstein
The Corcoran Group
|
Building Info
About Downtown Manhattan
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