1
Map
$448,000
●
Co-op -
In Contract
224 E 7th Street #1
Manhattan, NY 10009
Studio
1 Bath
$2,925
Est. Monthly
$725
HOA / Fees
5.82%
Cap Rate
About This Property
Amazing Studio apartment with character and charm in the heart of
the East Village!
In contract - after the first open house!
In contract - after the first open house!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$725
Year Built
1950
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 2 months ago (RLS #RLS11031083)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Listed by Nest Seekers LLC | $448,000 | |
| Listed by Nest Seekers LLC | |||
| Dec 16, 2021 | Price Decreased |
$419,000
↓ $40K
(8.7%) | |
| Price Decreased | |||
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Jun 21, 2021 | Listed | $459,000 | |
| Listed | |||
| | |||
|
Fully renovated studio apartment with 10.5" ceilings on quiet tree
lined block! Long slat white oak floors and exposed brick in white
throughout. Beautifully redone kitchen featuring Decora solid wood
cabinets with dovetail drawers, Caesarstone Counters, Bosch
refrigerator & dishwasher, and Bertazoni gas range with microwave
hood. Crisp white windowed bath with subway tiling, exposed brick,
designer pedestal sink & huge custom glass enclosed shower. This
studio home has distinct…
| |||
Show More
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: KitchenWindow
Laundry Features: Common Area, BuildingWasherDryerInstallAllowed
Rooms: 2
Exterior Details
Architectural Style: WalkUp
Year Built: 1950
Tax Lot: 30
Utilities Details
Cooling Type: Window Unit(s)
Location Details
HOA Fee: $725
HOA 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
In Contract
Co-op
Stu
1
Bath
500 ft²
$930/ft²
$465,000
Apr 24, 2024
-
$553/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/19/2024
|
2 Bed
|
2 Bath
|
-
|
$1,950,000
2 Bed
2 Bath
|
$1,925,000
-1.28%
10/16/2024
|
-
|
Justin Martinez
Compass
| |
|
03/24/2022
|
2 Bed
|
1 Bath
|
850 ft²
|
$1,085,000
2 Bed
1 Bath
850 ft²
|
$1,040,000
-4.15%
08/15/2022
|
Claudia Saez
Corcoran Group
| ||
|
09/16/2021
|
2 Bed
|
1 Bath
|
-
|
$960,000
2 Bed
1 Bath
|
$915,000
-4.69%
01/21/2022
|
Julia Hoagland
Compass
| ||
|
10/27/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$865,000
1 Bed
1 Bath
800 ft²
|
$975,000
+12.72%
09/09/2021
|
Chelsea Werner
Compass
| ||
|
10/08/2020
|
Studio
|
1 Bath
|
-
|
$495,000
Studio
1 Bath
|
$495,000
03/17/2021
|
Adam Berke
Compass
| ||
|
05/03/2018
|
Studio
|
1 Bath
|
-
|
$419,000
Studio
1 Bath
|
$409,000
-2.39%
10/09/2018
|
Neal Young
Brown Harris Stevens Residential Sales LLC
| ||
|
06/05/2014
|
2 Bed
|
2 Bath
|
-
|
$878,000
2 Bed
2 Bath
|
-
-
|
-
|
Neal Young
Brown Harris Stevens Residential Sales LLC
| |
|
06/05/2014
|
Studio
|
1 Bath
|
-
|
$430,000
Studio
1 Bath
|
$430,000
11/10/2014
|
Neal Young
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
09/13/2013
|
Studio
|
1 Bath
|
-
|
$459,000
Studio
1 Bath
|
$469,000
+2.18%
10/15/2014
|
-
|
Marjorie Dybec
Prudential Douglas Elliman Real Estate
| |
|
11/14/2013
|
Studio
|
1 Bath
|
-
|
$359,000
Studio
1 Bath
|
-
-
|
-
|
Neal Young
Brown Harris Stevens Residential Sales LLC
| |
|
07/12/2013
|
1 Bed
|
1 Bath
|
-
|
$790,000
1 Bed
1 Bath
|
$790,000
10/21/2013
|
Neal Young
Halstead dba Brown Harris Stevens Residential Sales LLC
|
Building Info
224 East 7th Street
224 East 7th Street, New York, NY 10009
- 12 Units
- 2 Units for Sale
About Downtown Manhattan
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Listed by: YANA ALYEKSYEYENKO
Listing Courtesy of Nest Seekers LLC
Last Updated: 2 months ago
Last Checked: 1 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 Nest Seekers LLC
Last Updated: 2 months ago
Last Checked: 1 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
