237 ELDRIDGE Street #21
About This Property
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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.
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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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Corcoran Group | $399,000 | |
| Listed by Corcoran Group | |||
| |||
|
237 Eldridge St, Unit 21, is a 40 unit co-op located in the heart of the Lower Eastside, one of Manhattans most vibrant neighborhoods. There's no lack of charm when it comes to this beautiful, oversized studio apartment. The exposed brick walls and wide plank flooring, combined with a newly renovated, modern kitchen makes for a perfectly designed home. This spacious studio includes a murphy-bed, large dressing area or home office nook, and in-unit Miele washer and dryer. The renovated kitchen features custom white lacquer cabinetry, beautiful marble countertops and back splash, as well as an induction range and convection oven. This is a pet friendly HDFC coop with high income restrictions, one occupant must make under $180,000 and two occupants under $220,000. Parents gifting is allowed. Did you see the monthly maintenance? $656.79 monthly plus $79.80 assessment- It doesn't get lower than that! 237 Eldridge St is just a few blocks from the 6 and BDFM trains and sits amongst many neighborhood conveniences, such as Whole Foods, Tompkins Square Park and Essex Market. Please note photos are virtually staged and painted.
| |||
| Apr 13, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 22, 2021 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2025
|
3 Bed
|
2 Bath
|
1000 ft²
|
$1,499,999
3 Bed
2 Bath
1000 ft²
|
-
-
|
Steven Schwab
Tom Crimmins Realty, Ltd.
| |
|
10/17/2024
|
Studio
|
1 Bath
|
-
|
$465,000
Studio
1 Bath
|
$465,000
09/15/2025
|
nicholas Stright
Corcoran Group
| |
|
09/27/2024
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$399,000
01/14/2025
|
Brian Lover
The Corcoran Group
| |
|
10/03/2023
|
1 Bed
|
1 Bath
|
-
|
$375,000
1 Bed
1 Bath
|
$375,000
03/12/2024
|
Jonathan Tauzowicz
Compass
| |
|
07/11/2019
|
Studio
|
1 Bath
|
-
|
$429,000
Studio
1 Bath
|
$425,000
-0.93%
11/25/2019
|
Jill Letts
Corcoran Group
| |
|
08/23/2018
|
1 Bed
|
1 Bath
|
-
|
$460,000
1 Bed
1 Bath
|
$460,000
03/06/2019
|
Jason Schuchman
Brown Harris Stevens
| |
|
05/23/2018
|
2 Bed
|
1 Bath
|
-
|
$521,000
2 Bed
1 Bath
|
$521,000
10/23/2019
|
Matthew Westfall
Charles Rutenberg, LLC
| |
|
05/22/2017
|
1 Bed
|
2 Bath
|
-
|
$675,000
1 Bed
2 Bath
|
$670,000
-0.74%
09/18/2017
|
Erin Wheelock
Keller Williams NYC
| |
|
10/06/2016
|
1 Bed
|
1 Bath
|
-
|
$581,000
1 Bed
1 Bath
|
$581,000
03/24/2017
|
Ryan Walls
Compass
| |
|
07/28/2016
|
1 Bed
|
1 Bath
|
400 ft²
|
$425,000
1 Bed
1 Bath
400 ft²
|
$425,000
12/27/2016
|
Manuel Michael Gallegus
Compass
| |
|
06/10/2016
|
Studio
|
1 Bath
|
-
|
$435,000
Studio
1 Bath
|
$445,000
+2.30%
12/05/2016
|
Marianna Dimentman
Compass
| |
|
04/08/2014
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$399,000
10/01/2014
|
Jill Letts
The Corcoran Group
| |
|
09/23/2013
|
1 Bed
|
1 Bath
|
450 ft²
|
$375,000
1 Bed
1 Bath
450 ft²
|
$370,000
-1.33%
01/10/2014
|
Xiao Xue
Keller Williams NYC
| |
|
04/09/2013
|
1 Bed
|
1 Bath
|
-
|
$415,000
1 Bed
1 Bath
|
$415,000
07/23/2013
|
Jill Ann Letts
The Corcoran Group
| |
|
10/22/2012
|
3 Bed
|
-
|
-
|
$500,000
3 Bed
-
|
$500,000
06/20/2013
|
Michael B Sussilleaux
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017