225 LAFAYETTE ST #12D
About This Property
Converted to a 40-unit condominium in 2004, the 16-story 1924 Beaux Arts former bank building designed in 1929 by Cass Gilbert, is the height of elegant NYC living, offering 24 hour doorman/concierge service and a spectacular roof deck. The location is perfect. Enjoy the quiet of a high floor apartment surrounded only by views, or descend to the street level where you will find great restaurants, enticing shops and excellent transportation in one of the city's most exciting and desirable neighborhoods.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 13, 2018 | No longer available | - | |
No longer available | |||
Jun 5, 2018 | Sold to Jb Lafayette Llc | $3,925,000 | |
Sold to Jb Lafayette Llc | |||
Dec 14, 2017 | Listed | $3,995,000 | |
Listed | |||
|
|||
Situated in SoHo/Nolita, this special home is perched on the 12th
floor with Northern, Eastern and Southern exposures and is graced
with panoramic city views.
Enter through the foyer and you are greeted by the expansive
sun-spilled corner living room with exposures to the North and
East. With Brazilian Walnut floors and high-beamed ceilings, this
is the perfect entertaining space alongside an open eat-in kitchen.
This chef's kitchen features Varenna cabinets and high-end
appliances that…
|
|||
Dec 17, 2013 | Sold to But Its Provocative Llc | $3,910,000 | |
Sold to But Its Provocative Llc | |||
Oct 28, 2013 | Listed by Brown Harris Stevens Residential Sales LLC | $3,895,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/08/2023
|
2 Bed
|
2 Bath
|
1254 ft²
|
$2,500,000
2 Bed
2 Bath
1254 ft²
|
$2,400,000
-4.00%
04/10/2024
|
-
|
Matthew Slosar
The Corcoran Group
|
|
09/09/2023
|
2 Bed
|
3 Bath
|
2063 ft²
|
$4,695,000
2 Bed
3 Bath
2063 ft²
|
$4,550,000
-3.09%
12/27/2023
|
Andre St
Compass
|
||
09/26/2022
|
2 Bed
|
2 Bath
|
1283 ft²
|
$2,850,000
2 Bed
2 Bath
1283 ft²
|
$2,400,000
-15.79%
12/15/2022
|
Chris Kann
Corcoran Group
|
||
03/22/2021
|
2 Bed
|
3 Bath
|
2032 ft²
|
$4,250,000
2 Bed
3 Bath
2032 ft²
|
$3,975,000
-6.47%
09/03/2021
|
Harriet Kaufman
Coldwell Banker Warburg
|
||
12/15/2020
|
2 Bed
|
3 Bath
|
1550 ft²
|
$3,000,000
2 Bed
3 Bath
1550 ft²
|
$2,900,000
-3.33%
05/13/2022
|
-
|
John Edwards
The Corcoran Group
|
|
08/20/2020
|
2 Bed
|
3 Bath
|
2047 ft²
|
$3,795,000
2 Bed
3 Bath
2047 ft²
|
$3,700,000
-2.50%
08/30/2021
|
-
|
Nicholas Gavin
Compass
|
|
07/18/2020
|
2 Bed
|
3 Bath
|
1547 ft²
|
$3,500,000
2 Bed
3 Bath
1547 ft²
|
$3,125,000
-10.71%
05/06/2021
|
Josh Rubin
Douglas Elliman Real Estate
|
||
11/05/2019
|
3 Bed
|
4 Bath
|
2154 ft²
|
$3,995,000
3 Bed
4 Bath
2154 ft²
|
$3,995,000
03/16/2020
|
-
|
Catherine Juracich
Prudential Douglas Elliman Real Estate
|
|
03/29/2019
|
2 Bed
|
3 Bath
|
2057 ft²
|
$3,600,000
2 Bed
3 Bath
2057 ft²
|
$3,050,000
-15.28%
11/26/2019
|
Dominic Paolillo
Compass
|
||
06/19/2018
|
2 Bed
|
2 Bath
|
2047 ft²
|
-
2 Bed
2 Bath
2047 ft²
|
-
-
|
-
|
-
|
|
03/13/2018
|
3 Bed
|
4 Bath
|
2154 ft²
|
$4,650,000
3 Bed
4 Bath
2154 ft²
|
$3,835,000
-17.53%
09/26/2018
|
-
|
Ugo Russino
Compass
|
|
04/14/2017
|
2 Bed
|
2.5 Bath
|
1500 ft²
|
$3,212,127
2 Bed
2.5 Bath
1500 ft²
|
$3,212,130
+0.00%
09/26/2017
|
Ryan Milliken
Compass
|
||
12/06/2016
|
2 Bed
|
2.5 Bath
|
2032 ft²
|
$4,295,000
2 Bed
2.5 Bath
2032 ft²
|
$4,010,000
-6.64%
03/02/2017
|
Elisabeth Spano
CORE Group Marketing LLC
|
||
11/18/2016
|
2 Bed
|
2.5 Bath
|
2032 ft²
|
$3,795,000
2 Bed
2.5 Bath
2032 ft²
|
$3,810,000
+0.40%
05/17/2017
|
Antony Sargent
CORE Group Marketing, LLC
|
||
07/19/2016
|
2 Bed
|
2 Bath
|
1254 ft²
|
$3,000,000
2 Bed
2 Bath
1254 ft²
|
$2,900,000
-3.33%
11/30/2016
|
Cornelia Dobrovolsky
Corcoran Group
|
||
09/28/2015
|
2 Bed
|
2 Bath
|
1283 ft²
|
$2,650,000
2 Bed
2 Bath
1283 ft²
|
$2,755,000
+3.96%
12/09/2015
|
Antonia Palmieri
Berkshire Hathaway HomeServices New York Properties
|
||
09/09/2015
|
2 Bed
|
2.5 Bath
|
-
|
$3,350,000
2 Bed
2.5 Bath
|
$3,250,000
-2.99%
03/09/2016
|
Jennifer Alese
Nest Seekers International
|
||
07/13/2015
|
2 Bed
|
2 Bath
|
-
|
$2,495,000
2 Bed
2 Bath
|
$2,758,000
+10.54%
09/22/2015
|
Augusta Wilcox
Corcoran Group
|
||
05/12/2015
|
2 Bed
|
2 Bath
|
1151 ft²
|
$2,195,000
2 Bed
2 Bath
1151 ft²
|
$2,420,000
+10.25%
09/24/2015
|
HOLLY PARKER
Douglas Elliman Real Estate
|
||
01/05/2015
|
2 Bed
|
2.5 Bath
|
-
|
$3,795,000
2 Bed
2.5 Bath
|
$4,025,000
+6.06%
03/26/2015
|
Adam Modlin
Modlin Group, The
|
||
11/18/2014
|
2 Bed
|
3 Bath
|
2057 ft²
|
$3,495,000
2 Bed
3 Bath
2057 ft²
|
$3,450,000
-1.29%
03/24/2015
|
Jacqueline M Fopiano
Berkshire Hathaway HomeServices New York Properties
|
||
11/14/2014
|
2 Bed
|
2.5 Bath
|
-
|
$3,300,000
2 Bed
2.5 Bath
|
$3,300,000
03/16/2015
|
Kamali Chandler
Sothebys International Realty
|
||
06/23/2014
|
2 Bed
|
2.5 Bath
|
2032 ft²
|
$3,595,000
2 Bed
2.5 Bath
2032 ft²
|
$3,625,000
+0.83%
03/12/2015
|
Kyle Blackmon
Brown Harris Stevens Residential Sales LLC
|
||
03/18/2014
|
2 Bed
|
2.5 Bath
|
3208 ft²
|
$6,750,000
2 Bed
2.5 Bath
3208 ft²
|
$5,000,000
-25.93%
02/05/2021
|
-
|
Meg Siegel
Sotheby's International Realty, Inc.
|
|
02/27/2014
|
2 Bed
|
3 Bath
|
1498 ft²
|
$3,250,000
2 Bed
3 Bath
1498 ft²
|
$3,100,000
-4.62%
07/02/2014
|
Joshua Rubin
Douglas Elliman Real Estate
|
||
10/28/2013
|
2 Bed
|
2.5 Bath
|
2063 ft²
|
$3,895,000
2 Bed
2.5 Bath
2063 ft²
|
$3,910,000
+0.39%
12/17/2013
|
Susan Raanan
Brown Harris Stevens Residential Sales LLC
|
||
08/05/2013
|
2 Bed
|
3 Bath
|
1547 ft²
|
$2,750,000
2 Bed
3 Bath
1547 ft²
|
$2,806,000
+2.04%
11/07/2013
|
Joshua Rubin
Douglas Elliman Real Estate
|
Building Info
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