20 89th Street #5B
About This Property
VIDEO OF UNIT AVAILABLE UPON REQUEST. CALL/TEXT/EMAIL OR TO SCHEDULE AN APPOINTMENT.
Bring your contractor to transform this apartment into a remarkable home! There is a large windowed kitchen with a separate living/ dining area and a king-size bedroom overlooking this tranquil Bay Ridge neighborhood with views of the NY Harbor.
This elevator building offers many amenities including a live-in Super, laundry facilities and a bike room. Additional amenities available at an additional charge (waitlist) include storage and an indoor parking garage.
The convenient location of this beautiful co-op is a commuters dream with easy access to the express bus to Manhattan, a short distance to the R train, and 15 minutes by car to Lower Manhattan. Situated next to major highways provides easy access to the Belt Parkway, BQE, and the Verrazano Bridge to Staten Island/New Jersey.
Bay Ridge has an eclectic array of shops, restaurants and cafes all located within minutes of this apartment.
SPONSOR unit, no board approval. 90% financing allowed. Assessment of $203/month ends 6/30/2022.
Buyer pays closing costs (City/State transfer tax, seller attorney fee)
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by LL Real Estate Services LLC | $300,000 | |
| Listed by LL Real Estate Services LLC | |||
| | |||
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Sunny and spacious 1 BR SPONSOR coop (NO BOARD APPROVAL) with Verrazano Bridge and water views, located one block from the scenic Shore Road Promenade and steps away from some of Brooklyns best parks, offering tennis courts and bike/running paths.VIDEO OF UNIT AVAILABLE UPON REQUEST. CALL/TEXT/EMAIL OR TO SCHEDULE AN APPOINTMENT.Bring your contractor to transform this apartment into a remarkable home! There is a large windowed kitchen with a separate living/ dining area and a king-size bedroom overlooking this tranquil Bay Ridge neighborhood with views of the NY Harbor.This elevator building offers many amenities including a live-in Super, laundry facilities and a bike room. Additional amenities available at an additional charge (waitlist) include storage and an indoor parking garage.The convenient location of this beautiful co-op is a commuters dream with easy access to the express bus to Manhattan, a short distance to the R train, and 15 minutes by car to Lower Manhattan. Situated next to major highways provides easy access to the Belt Parkway, BQE, and the Verrazano Bridge to Staten Island/New Jersey.Bay Ridge has an eclectic array of shops, restaurants and cafes all located within minutes of this apartment.SPONSOR unit, no board approval. 90% financing allowed. Assessment of $203/month ends 6/30/2022.Buyer pays closing costs (City/State transfer tax, seller attorney fee)
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2022
|
1 Bed
|
1 Bath
|
800 ft²
|
$300,000
1 Bed
1 Bath
800 ft²
|
$300,000
07/28/2022
|
Melaine Lessey
LL Real Estate Services, LLC
| |
|
12/18/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$479,000
2 Bed
1 Bath
950 ft²
|
-
-
|
Diana Franceschi
J Milo Real Estate
| |
|
09/21/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$625,000
2 Bed
1 Bath
1000 ft²
|
$595,000
-4.80%
04/01/2022
|
Janely Amarante
The Corcoran Group
| |
|
09/21/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$535,000
2 Bed
1 Bath
1000 ft²
|
$515,000
-3.74%
05/03/2022
|
Janely Amarante
The Corcoran Group
| |
|
08/04/2020
|
1 Bed
|
1 Bath
|
850 ft²
|
$349,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
| |
|
05/13/2019
|
1 Bed
|
1 Bath
|
-
|
$375,000
1 Bed
1 Bath
|
-
-
|
Janely Amarante
The Corcoran Group
| |
|
11/08/2017
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
$549,999
01/30/2018
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017