$1,635,000
●
Condo -
Off Market
220 E 5th Street #2E
Manhattan, NY 10003
2 Beds
1 Bath
900 Ft²
$9,905
Est. Monthly
$738
HOA / Fees
2.29%
Cap Rate
About This Property
VERY LOW MONTHLIES - STORAGE UNIT INCLUDED IN THE SALE!
Rarely available, very charming 2 bedroom, 1 bathroom apartment on the cusp of Noho and the East Village, conveniently located on 5th street right off Cooper Square. This apartment has a ton of charm with exposed brick in the living room, a gut renovated bathroom with rain shower, a large dressing area, full size Bosch washer and dryer, a fully renovated kitchen with Miele and Sub Zero appliances, a wooden kitchen island and to top it all a 600 Sqft PRIVATE OUTDOOR PATIO with commercial grade BBQ grill ( See floorplan ). Wireless controlled Central air conditioning throughout the apartment.
The building is 3 blocks away from the 6 train Astor Place stop, near many restaurants and bars and steps away from the lower East Side, Soho, and Greenwich Village. This is an opportunity not to be missed.
Rarely available, very charming 2 bedroom, 1 bathroom apartment on the cusp of Noho and the East Village, conveniently located on 5th street right off Cooper Square. This apartment has a ton of charm with exposed brick in the living room, a gut renovated bathroom with rain shower, a large dressing area, full size Bosch washer and dryer, a fully renovated kitchen with Miele and Sub Zero appliances, a wooden kitchen island and to top it all a 600 Sqft PRIVATE OUTDOOR PATIO with commercial grade BBQ grill ( See floorplan ). Wireless controlled Central air conditioning throughout the apartment.
The building is 3 blocks away from the 6 train Astor Place stop, near many restaurants and bars and steps away from the lower East Side, Soho, and Greenwich Village. This is an opportunity not to be missed.
Unit Size
900 Ft²
Days on Market
170 days
Land Size
-
Price per sqft
$1,817
Property Type
Condo
Property Taxes
$1,138
HOA Dues
$738
Year Built
1845
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (RLS #COMP-1519719114719504761)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Price Decreased |
$1,695,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| May 3, 2024 | Price Decreased |
$1,795,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Mar 25, 2024 | Price Decreased |
$1,895,000
↓ $105K
(5.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Breakfast Bar, Walk In Closets
Appliances: Dishwasher, Stainless Steel Appliances, Washer
Flooring Type: Hardwood
Living Area: 900
Laundry Features: In Unit, See Remarks
Rooms: 5
Exterior Details
Year Built: 1900
Outdoor Living Structures: Terrace
Pets Allowed: Building No, Cats O K, Dogs O K
Lot Size Dimensions: 41.920000x92.330000
Tax Lot: 1002
Tax Block: 00460
Financial Details
Tax Annual Amount: $13,656
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: East Village
Stories Total: 5
Association Fee: $738
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
917 ft²
$2,050/ft²
$1,880,000
Aug 20, 2020
$1,880,000
Aug 27, 2021
$2,088/mo
Condo
2
Beds
2
Baths
1,105 ft²
$1,538/ft²
$1,700,000
Oct 23, 2015
$1,700,000
Dec 4, 2015
$1,267/mo
Condo
2
Beds
2
Baths
1,115 ft²
$1,656/ft²
$1,846,000
Jul 26, 2023
$1,846,000
Feb 5, 2024
$2,720/mo
Condo
2
Beds
2
Baths
1,192 ft²
$1,481/ft²
$1,765,000
Apr 3, 2013
-
Feb 5, 2021
$2,756/mo
Condo
2
Beds
2
Baths
1,238 ft²
$1,385/ft²
$1,715,000
Sep 18, 2020
$1,715,000
Apr 9, 2021
$3,065/mo
Sold
Condo
1
Bed
2
Baths
990 ft²
$1,806/ft²
$1,787,500
Sep 26, 2017
$1,787,500
Feb 15, 2018
$2,306/mo
In Contract
Condo
2
Beds
2
Baths
900 ft²
$1,500/ft²
$1,350,000
Aug 16, 2023
-
$2,796/mo
Active
Condo
2
Beds
2
Baths
1,100 ft²
$1,386/ft²
$1,525,000
Oct 16, 2024
-
$1,773/mo
In Contract
Condo
2
Beds
2
Baths
1,165 ft²
$1,588/ft²
$1,850,000
Sep 1, 2024
-
$3,333/mo
Active
Condo
2
Beds
1
Bath
816 ft²
$2,083/ft²
$1,700,000
Nov 8, 2024
-
$1,231/mo
In Contract
Condo
2
Beds
1
Bath
829 ft²
$1,808/ft²
$1,499,000
Jul 10, 2023
-
$2,713/mo
Active
Condo
2
Beds
1
Bath
1,027 ft²
$1,654/ft²
$1,699,000
Apr 25, 2024
-
$980/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/13/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$2,000,000
2 Bed
1 Bath
900 ft²
|
$1,635,000
-18.25%
08/14/2024
|
-
|
Hicham Elkerdoudi
Compass
| |
|
09/30/2016
|
2 Bed
|
1 Bath
|
-
|
$1,739,000
2 Bed
1 Bath
|
$1,865,000
+7.25%
04/06/2017
|
-
|
Christina Visca
Compass
| |
|
04/03/2013
|
2 Bed
|
2 Bath
|
1192 ft²
|
$1,765,000
2 Bed
2 Bath
1192 ft²
|
$1,765,000
02/05/2021
|
-
|
Barbara S.
Douglas Elliman Real Estate
|
Building Info
About Downtown Manhattan
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Listed by: Hicham Elkerdoudi
Listing Courtesy of Compass
Last Updated: 9 months ago
Last Checked: 11 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 9 months ago
Last Checked: 11 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
