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2109 AVENUE C
About This Property
The bright, open-concept main level features warm wood ceiling details, expansive glass doors, a spacious dining area, and a showpiece kitchen with an oversized island, abundant cabinetry, open shelving, and stainless-steel appliances. Six king suites and a bunk room each include a private bath, while the primary suite offers a spa-inspired retreat with a walk-in shower and freestanding soaking tub.
Multiple balconies welcome refreshing Gulf breezes, and the rooftop deck showcases panoramic island and Gulf views-an ideal setting for sunset gatherings. Outdoors, tropical landscaping surrounds a private saltwater pool and in-ground spa, complemented by a covered lounge and dining area complete with a television and grill.
Bridge Street dining and shopping, beach access, and the free island trolley are all nearby. Offered fully furnished and turnkey, Luna Sea is ready to be enjoyed as an island residence, coastal getaway, or vacation-rental investment.
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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.
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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