235 Berkeley Place #5
About This Property
This home is beautiful, cozy, renovated, and filled with pre-war charm, located on historic tree-lined Berkeley Place, and only a block from Prospect Park. Up only one flight of stairs, home #5 has high ceilings, is south-facing, features brand new (historic board approved) windows, and is filled with light, whether through the bay windows in the living room, or the bedroom window, sunshine is your favorite flatmate. The kitchen has recently undergone a renovation and offers brand new Fisher & Paykel stove, integrated Bosch dishwasher and refrigerator, Carrera quartz counters, custom cabinets, and large island. The living room offers a decorative fireplace and built in bookshelves, as well as large enough to accommodate a dining alcove or in-home office. The bedroom fits a queen-size bed and there is a large closet with additional over-head storage above the closet. The bathroom has also just finished a full renovation. As if you needed more... this home also includes a large storage unit in the basement!
235 Berkeley is a self-managed boutique co-op building that is pet-friendly and owners enjoy low maintenance charges. Located less than a block from 7th Avenue, you'll find shopping, dining, and all of the neighborhood amenities you'll need. You are also only moments from multiple subway lines, the 2/3/4 at Grand Army Plaza, or the B/Q at 7th Ave offer you easy access to Brooklyn and Manhattan, getting you into the city in just 20 minutes. Finally Prospect Park is your neighbor so fresh air and wildlife await just moments from your front door.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2025
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$615,000
+2.67%
01/12/2026
|
JOSEPH CONLEY
Brown Harris Stevens Brooklyn LLC
| |
|
03/12/2024
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$636,000
+6.18%
06/04/2024
|
Mallory Bogard
Serhant
| |
|
11/01/2020
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$657,500
-5.40%
03/18/2021
|
Brandon Bogard
Serhant LLC
| |
|
08/19/2020
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$610,000
+2.52%
10/27/2020
|
Brandon Bogard
Serhant LLC
| |
|
08/11/2020
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$415,000
-2.35%
11/25/2020
|
Rhoda Dunn
Compass
| |
|
09/04/2018
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$385,000
-9.41%
02/04/2019
|
Charles Pigott
Corcoran Group
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$389,000
1 Bed
1 Bath
|
$389,000
09/04/2013
|
Myrel Glick
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017