224 E 18th Street #GARDEN
About This Property
Listed By
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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%.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 1, 2024 | In contract | - | |
In contract | |||
Sep 5, 2024 | Listed by Sothebys International Realty | $1,550,000 | |
Listed by Sothebys International Realty | |||
Apr 14, 2018 | No longer available | - | |
No longer available | |||
Apr 10, 2018 | Sold | $1,360,000 | |
Sold | |||
Feb 22, 2018 | Listed by Sotheby's International Realty, Inc. | $1,495,000 | |
Listed by Sotheby's International Realty, Inc. | |||
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Rarely available charming pre-war garden apartment duplex on a
beautiful tree-lined street in highly desirable Gramercy.
Originally a two bedroom, this warm and inviting home has been
reconfigured to create a large master bedroom suite with den/media
room. The main floor boasts hardwood floors, stunning original tin
ceilings, brick walls, an open contemporary chef's kitchen and two
custom baths with stylish and sophisticated European fixtures. The
master bath features an extra deep claw…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/09/2021
|
1 Bed
|
1 Bath
|
500 ft²
|
$450,000
1 Bed
1 Bath
500 ft²
|
$476,000
+5.78%
04/13/2022
|
Rita Kee
CORE Group Marketing LLC
|
||
09/15/2017
|
1 Bed
|
1 Bath
|
-
|
$1,550,000
1 Bed
1 Bath
|
$1,360,000
-12.26%
04/10/2018
|
-
|
Michael Quinn
RE/MAX Plus
|
|
05/09/2016
|
1 Bed
|
1 Bath
|
500 ft²
|
$550,000
1 Bed
1 Bath
500 ft²
|
$540,000
-1.82%
08/18/2016
|
James L.
Oxford Property Group
|
||
09/29/2015
|
1 Bed
|
1 Bath
|
500 ft²
|
$454,000
1 Bed
1 Bath
500 ft²
|
-
06/22/2016
|
Kevin Mcwilliams
Living Real Estate Group
|
Building Info
- 8 Units
- 1 Unit for Sale
About Midtown Manhattan
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