230 W 18th
About This Property
Zoned for both residential and commercial use, the possibilities here are wide open. Whether you're looking to renovate, invest, or create a live/work space, this property delivers flexibility in a location that's on the rise. Conveniently situated near the growing downtown area and with easy freeway access, it's perfectly positioned for future upside.
The large lot provides additional potential, including space for an ADU (buyer to verify with the city), making this an even more compelling investment.
Cash only. Bring your vision and unlock the potential!
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by Re/max Executive | $189,000 | |
| Listed by Re/max Executive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017