2 Spruce Street #PHA
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2014 | Sold | ||
| Sold | |||
| Jan 7, 2014 | Listed by Signature Premier Properties | $259,000 | |
| Listed by Signature Premier Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/18/2025
|
1 Bed
|
1 Bath
|
1000 ft²
|
$368,000
1 Bed
1 Bath
1000 ft²
|
$368,000
04/28/2025
|
Irina Amir
Exit Realty Universal
| |
|
05/25/2023
|
Studio
|
1 Bath
|
-
|
$199,000
Studio
1 Bath
|
$199,000
11/21/2023
|
Hong Guo
International Realty Inc
| |
|
05/21/2023
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
$298,000
11/21/2023
|
Irina Amir
Exit Realty Universal
| |
|
05/01/2023
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
$280,000
+1.82%
08/25/2023
|
Christina Arvanitis CBR
Keller Williams Realty Greater
| |
|
12/27/2022
|
Studio
|
1 Bath
|
438 ft²
|
$199,999
Studio
1 Bath
438 ft²
|
$185,000
-7.50%
06/09/2023
|
Natalie M. Toler ABR SRS SRES
Douglas Elliman Real Estate
| |
|
11/15/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$278,888
1 Bed
1 Bath
850 ft²
|
$260,000
-6.77%
04/18/2023
|
Gregory Balderacchi
Homelister Inc
| |
|
11/11/2022
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
$270,000
-9.40%
10/20/2023
|
Mindy Miles Greenberg
Douglas Elliman Real Estate
| |
|
05/05/2022
|
2 Bed
|
1 Bath
|
-
|
$488,000
2 Bed
1 Bath
|
$448,000
-8.20%
01/25/2023
|
Mindy Miles Greenberg
Douglas Elliman Real Estate
| |
|
06/19/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$550,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
1440 ft²
|
$658,000
2 Bed
2 Bath
1440 ft²
|
-
-
|
Lalita Mansukhani
LAFFEY REAL ESTATE
| |
|
03/28/2021
|
1 Bed
|
1 Bath
|
-
|
$288,000
1 Bed
1 Bath
|
$278,000
-3.47%
11/10/2021
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
12/27/2020
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
$288,000
-3.36%
04/27/2021
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
10/25/2020
| |
Studio
|
1 Bath
|
-
|
$199,999
Studio
1 Bath
|
$195,000
-2.50%
03/05/2021
|
Natalie Carey
Exit Realty Achieve
|
|
01/23/2020
|
1 Bed
|
1 Bath
|
-
|
$244,900
1 Bed
1 Bath
|
$235,000
-4.04%
07/09/2020
|
PAUL LUCIANO
UTOPIA REAL ESTATE
| |
|
08/12/2019
|
1 Bed
|
1 Bath
|
-
|
$370,000
1 Bed
1 Bath
|
$325,000
-12.16%
12/20/2019
|
Xiujing Zhang
Voro LLC
| |
|
01/30/2019
|
2 Bed
|
2 Bath
|
1440 ft²
|
$545,000
2 Bed
2 Bath
1440 ft²
|
$546,000
+0.18%
06/06/2019
|
Lynne Kleinman
Keller Williams Rty Gold Coast
| |
|
09/12/2018
|
2 Bed
|
1 Bath
|
-
|
$429,000
2 Bed
1 Bath
|
$429,000
02/14/2019
|
Lynne Kleinman
Keller Williams Rty Gold Coast
| |
|
07/06/2018
|
Studio
|
1 Bath
|
-
|
$159,000
Studio
1 Bath
|
$150,000
-5.66%
10/03/2018
|
Don Y. Sham
Daniel Gale Sothebys Intl Rlty
| |
|
01/02/2018
|
1 Bed
|
1 Bath
|
-
|
$238,000
1 Bed
1 Bath
|
$236,000
-0.84%
05/25/2018
|
Ellen Steinberg
Edna Mashaal Realty LLC
| |
|
03/02/2017
|
2 Bed
|
1 Bath
|
-
|
$404,200
2 Bed
1 Bath
|
$395,000
-2.28%
10/02/2017
|
Jeewan Persaud
JAPHOMES Inc
| |
|
10/12/2016
|
1 Bed
|
1 Bath
|
430 ft²
|
$149,900
1 Bed
1 Bath
430 ft²
|
$143,000
-4.60%
04/27/2017
|
Linda Michael
LAFFEY REAL ESTATE
| |
|
08/20/2016
|
1 Bed
|
1 Bath
|
-
|
$268,888
1 Bed
1 Bath
|
$248,000
-7.77%
01/09/2017
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
06/30/2016
|
2 Bed
|
1 Bath
|
1300 ft²
|
$448,888
2 Bed
1 Bath
1300 ft²
|
$440,000
-1.98%
01/10/2017
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
06/16/2016
|
2 Bed
|
1 Bath
|
1300 ft²
|
$479,000
2 Bed
1 Bath
1300 ft²
|
$460,000
-3.97%
11/30/2016
|
Joseph Sanders
Douglas Elliman Real Estate
| |
|
05/16/2016
|
1 Bed
|
1 Bath
|
850 ft²
|
$228,888
1 Bed
1 Bath
850 ft²
|
$228,888
02/08/2017
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
10/15/2015
|
1 Bed
|
1 Bath
|
826 ft²
|
$188,000
1 Bed
1 Bath
826 ft²
|
$185,000
-1.60%
11/03/2016
|
Joyce Greece
Douglas Elliman Real Estate
| |
|
09/11/2015
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
$230,000
-3.77%
01/13/2016
|
Mary Kolb CBR SRES
American Way Real Estate Inc
| |
|
06/25/2015
|
1 Bed
|
1 Bath
|
-
|
$176,000
1 Bed
1 Bath
|
$175,000
-0.57%
11/04/2015
|
Mindy Greenberg
Douglas Elliman Real Estate
| |
|
02/01/2015
|
1 Bed
|
1 Bath
|
-
|
$189,000
1 Bed
1 Bath
|
$175,000
-7.41%
09/30/2015
|
Yiyi Wu
East Coast REALTORS Inc
| |
|
01/07/2014
|
1 Bed
|
1 Bath
|
1000 ft²
|
$259,000
1 Bed
1 Bath
1000 ft²
|
$250,000
-3.47%
05/02/2014
|
Kathleen T. Genovese GRI
Daniel Gale Sothebys Intl Rlty
| |
|
09/27/2012
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
$205,000
-8.89%
09/16/2013
|
Joann Mussman
European American Specialists
| |
|
09/10/2012
|
1 Bed
|
1 Bath
|
-
|
$159,000
1 Bed
1 Bath
|
$140,000
-11.95%
03/13/2013
|
JoAnn F. Herrmann
RE/MAX City Square
| |
|
04/26/2012
|
Studio
|
1 Bath
|
-
|
$77,500
Studio
1 Bath
|
$70,500
-9.03%
10/16/2012
|
Lauren DeSantolo
Douglas Elliman Real Estate
| |
|
03/19/2012
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
$206,000
-1.90%
05/01/2013
|
Terri Levin
Keller Williams - Great Neck/Manhasset
| |
|
01/02/2012
|
1 Bed
|
1 Bath
|
-
|
$148,000
1 Bed
1 Bath
|
$135,000
-8.78%
03/21/2013
|
Mona S. Kremin SRES CBR
Keller Williams Points North
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017