221 N 19th Street
About This Property
Inside, you'll find a bright and inviting layout with two bedrooms on the first floor and two additional bedrooms upstairs, offering flexibility for guests, a home office, or a primary suite on either level. The spacious living room is filled with natural light and original hardwood floors, while the kitchen features ample cabinet storage and flows seamlessly into a large family room addition - perfect as a second living area, sunroom, or entertainment space.
The expansive yard is one of the largest in the city and offers endless possibilities for gardening, outdoor activities, or future enhancements. The property also sits alongside a paper street, and while the current owner maintains this additional green space, it is not included in the deeded lot - providing extra room to enjoy without the added cost.
Additional highlights include a full, open basement ideal for storage or workshop space, a detached garage, and a storage shed. With its prime location next to the trail, generous lot size, and flexible living spaces, this home is a rare find that blends city living with the feel of a private retreat.
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Howard Hanna Professionals - Olean | $174,900 | |
| Listed by Howard Hanna Professionals - Olean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017