209-25 28th Avenue
About This Property
The grand foyer sets the tone, showcasing 21-foot ceilings, a sweeping staircase, and a showstopping chandelier that instantly captivates. Just off the entrance is a private family room with its own full bath-ideal as a guest suite, media room, or home office. Continue through the main level to discover an expansive open-concept living room, dining area, and chef's kitchen that seamlessly flow together beneath magnificent 11-foot ceilings. The kitchen is equipped with Sub-Zero refrigeration, Wolf cooking appliances, quartz countertops, and beautifully crafted custom cabinetry. A convenient half bath and access to the covered patio and generous backyard complete this exceptional floor.
The second level offers three spacious bedrooms, including a serene primary suite designed to feel like a personal retreat. The main hall bath is ADA-accessible for added convenience. The oversized primary bedroom is complemented by an extraordinary walk-in closet-large enough to function as a dressing room or private office-and a spa-inspired ensuite featuring radiant heated floors, a double-wide vanity, a luxurious whirlpool tub, and rainfall shower. This level continues the home's airy elegance with 10-foot ceilings throughout.
The fully finished lower level extends the home's versatility, offering 8-foot ceilings, a den with wet bar, a bonus room perfect for overnight guests, a full bath, and a dedicated laundry area. Whether used for recreation, relaxation, or hosting, this floor adds tremendous value and comfort.
Modern conveniences elevate the entire home: central AC, a hybrid heating system with VLF electric and gas, state-of-the-art Toto self-cleaning toilets, and an elevator providing effortless access to all three levels. Completing the property is a private garage and thoughtfully designed outdoor spaces.
This is more than a home-it's a statement. A rare combination of high-end craftsmanship, innovative features, and timeless style. Come experience it in person and feel the difference the moment you walk through the door.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017