225 Lafayette Street #9C
About This Property
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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 2, 2021 | No longer available | - | |
No longer available | |||
May 6, 2021 | Sold to Willjen3 Llc | $3,125,000 | |
Sold to Willjen3 Llc | |||
Feb 26, 2021 | In contract | - | |
In contract | |||
Nov 5, 2020 | Price Decreased |
$3,250,000
↓ $250K
(7.1%) | |
Price Decreased | |||
Jul 18, 2020 | Listed by Douglas Elliman Real Estate | $3,500,000 | |
Listed by Douglas Elliman Real Estate |
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
About Downtown Manhattan
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