21 JAY Street #PHE
About This Property
The historic 1886 BAZZINI BUILDING is rich in architectural texture. Barrel Vaulted Ceilings, Terra Cotta Columns, Chestnut Framed Arched Windows, and Exposed Brick are among the adornments. A Boutique Condominium, on quiet and private Jay Street, has the services of a part time Super. 3 month assessment - to be discussed.
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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 |
|---|---|---|---|
| Jan 26, 2015 | Sold | ||
| Sold | |||
| Aug 19, 2014 | Listed by Corcoran Group | $7,000,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2024
|
5 Bed
|
4 Bath
|
4380 ft²
|
$7,495,000
5 Bed
4 Bath
4380 ft²
|
$6,950,000
-7.27%
04/02/2025
|
Michelle Brodsky
Douglas Elliman Real Estate
| |
|
07/06/2021
|
4 Bed
|
4 Bath
|
2700 ft²
|
$5,400,000
4 Bed
4 Bath
2700 ft²
|
$5,400,000
10/28/2021
|
Susan Silverman
Compass
| |
|
10/11/2018
|
3 Bed
|
3 Bath
|
2320 ft²
|
$4,795,000
3 Bed
3 Bath
2320 ft²
|
$4,315,000
-10.01%
05/09/2019
|
Barrie Mandel
The Corcoran Group
| |
|
10/06/2016
|
4 Bed
|
3 Bath
|
2700 ft²
|
$5,360,000
4 Bed
3 Bath
2700 ft²
|
$5,360,000
05/04/2017
|
Barrie Mandel
The Corcoran Group
| |
|
08/19/2014
|
3 Bed
|
3 Bath
|
4050 ft²
|
$7,000,000
3 Bed
3 Bath
4050 ft²
|
$7,000,000
01/26/2015
|
Barrie Mandel
The Corcoran Group
| |
|
02/05/2007
|
4 Bed
|
4 Bath
|
-
|
$3,600,000
4 Bed
4 Bath
|
$3,600,000
05/11/2007
|
Barrie D Mandel
Corcoran Group
| |
|
11/30/-0001
|
4 Bed
|
-
|
-
|
$4,312,500
4 Bed
-
|
$4,312,500
10/16/2014
|
Barrie Mandel
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017