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Map
225 E 19TH Street #302
About This Property
A welcoming foyer with a deep coat closet guides residents into a spacious open-plan living room, dining room, and kitchen saturated with northern and eastern light. Gorgeous white oak floors sit beneath beamed ceilings with crown molding, while a wall of floor-to-ceiling windows faces a tranquil courtyard garden.
The windowed kitchen features an eat-in peninsula, alluring honed Carrara marble countertops and backsplash, chic custom cabinetry, and high-end stainless steel appliances from Bosch, Wolf, and Sub-Zero.
The king-size bedroom has wall-to-wall casement windows with an oversized sill, a huge reach-in closet with sliding doors, and easy access to a sumptuous full bathroom with Carrara marble walls and floors, polished nickel Lefroy Brooks fixtures, and a deep soaking tub. A multi-zone central HVAC system and stacked washer and dryer complete the home.
The Prewar is one of four newly developed residential buildings comprising Gramercy Square, a full-service luxury condominium with incredible amenities and a series of landscaped garden spaces. Residents enjoy lounge and screening rooms, a golf simulator, an MNDFL meditation studio, a children's playroom, and a state-of-the-art La Palestra health and wellness center with a fully-equipped gym, yoga studio, spa, and 75-foot lap pool.
Stuyvesant Square Park, Gramercy Park, Union Square, and Madison Square Park are all close by, and there are plenty of restaurants, bars, cafes, and shops moments away. Additional neighborhood highlights include the Union Square Farmers Market, Gramercy Theater, National Arts Club, and Daryl Roth Theatre. Accessible subway lines include the 4, 5, 6, N, Q, R, W, and L. Pets are welcome
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Cap Rate Calculator
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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.
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 |
---|---|---|---|
Aug 7, 2024 | Sold | ||
Sold | |||
Mar 7, 2024 | In contract | - | |
In contract | |||
Feb 21, 2024 | Listed by Serhant LLC | $1,575,000 | |
Listed by Serhant LLC | |||
Jul 16, 2018 | Sold to Allison Stein | ||
Sold to Allison Stein |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/10/2024
|
1 Bed
|
1 Bath
|
-
|
$1,500,000
1 Bed
1 Bath
|
-
-
|
-
|
Michael Rossi
Elegran LLC
| |
02/21/2024
|
1 Bed
|
1 Bath
|
819 ft²
|
$1,575,000
1 Bed
1 Bath
819 ft²
|
$1,575,000
08/07/2024
|
-
|
Ashley Brooke
Nest Seekers International
| |
11/14/2023
|
2 Bed
|
2 Bath
|
1393 ft²
|
$2,830,000
2 Bed
2 Bath
1393 ft²
|
$2,830,000
03/22/2024
|
-
|
Jason Walker
Elliman
| |
10/16/2023
|
1 Bed
|
1 Bath
|
818 ft²
|
$1,495,000
1 Bed
1 Bath
818 ft²
|
$1,380,000
-7.69%
01/22/2024
|
-
|
Jason Walker
Elliman
| |
04/17/2023
|
2 Bed
|
2 Bath
|
1251 ft²
|
$2,535,000
2 Bed
2 Bath
1251 ft²
|
$2,425,000
-4.34%
08/24/2023
|
-
|
Alexandre Lacroix
Compass
| |
02/01/2023
|
2 Bed
|
2 Bath
|
1250 ft²
|
$2,499,000
2 Bed
2 Bath
1250 ft²
|
$2,225,000
-10.96%
07/17/2023
|
-
|
Jane Katz
Corcoran Group
| |
10/07/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$2,695,000
2 Bed
2 Bath
1300 ft²
|
$2,550,000
-5.38%
08/24/2023
|
-
|
Jason Walker
Elliman
| |
05/04/2022
|
1 Bed
|
1 Bath
|
818 ft²
|
$1,795,000
1 Bed
1 Bath
818 ft²
|
$1,600,000
-10.86%
10/20/2022
|
-
|
Catherine Park
The Corcoran Group
| |
10/06/2020
|
1 Bed
|
1 Bath
|
696 ft²
|
$1,549,000
1 Bed
1 Bath
696 ft²
|
$1,549,000
07/23/2021
|
-
|
Erica Elman
Compass
| |
10/16/2018
|
Studio
|
1 Bath
|
578 ft²
|
$1,040,000
Studio
1 Bath
578 ft²
|
$1,010,000
-2.88%
11/26/2018
|
-
|
Jason Walker
Elliman
| |
10/11/2018
|
1 Bed
|
1 Bath
|
889 ft²
|
$2,225,000
1 Bed
1 Bath
889 ft²
|
$1,775,000
-20.22%
11/28/2018
|
-
|
Eleonora Srugo
Prudential Douglas Elliman Real Estate
| |
03/28/2018
|
1 Bed
|
1 Bath
|
818 ft²
|
$1,650,000
1 Bed
1 Bath
818 ft²
|
$1,650,000
08/20/2018
|
-
|
Matthew B Mackay
Douglas Elliman Real Estate
| |
02/15/2018
|
2 Bed
|
2 Bath
|
1246 ft²
|
$2,630,000
2 Bed
2 Bath
1246 ft²
|
$2,565,000
-2.47%
09/17/2018
|
-
|
Matthew B Mackay
Douglas Elliman Real Estate
| |
09/25/2017
|
2 Bed
|
2 Bath
|
1246 ft²
|
$2,615,000
2 Bed
2 Bath
1246 ft²
|
$2,615,000
08/20/2018
|
-
|
Eleonora Srugo
Prudential Douglas Elliman Real Estate
| |
03/30/2017
|
1 Bed
|
1 Bath
|
695 ft²
|
$1,570,000
1 Bed
1 Bath
695 ft²
|
-
-
|
-
|
Michael Christopher
CORE Group Marketing LLC
| |
03/28/2017
|
1 Bed
|
1 Bath
|
818 ft²
|
$1,645,000
1 Bed
1 Bath
818 ft²
|
-
-
|
-
|
Eleonora Srugo
Prudential Douglas Elliman Real Estate
| |
03/21/2017
|
2 Bed
|
2 Bath
|
1253 ft²
|
$2,614,000
2 Bed
2 Bath
1253 ft²
|
-
-
|
-
|
Matthew B. Mackay
Prudential Douglas Elliman Real Estate
| |
03/21/2017
|
2 Bed
|
2 Bath
|
1242 ft²
|
$2,580,000
2 Bed
2 Bath
1242 ft²
|
-
-
|
-
|
Eleonora Srugo
Prudential Douglas Elliman Real Estate
|
Building Info
- 3 Units for Sale