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238 Greene Avenue
About This Property
Interiors are airy and bright with double-height ceilings in multiple rooms and a grand white oak staircase tying the entire home together. Private outdoor spaces include a lush backyard, a lovely sun terrace, and an expansive rooftop deck.
This exceptional home spreads 3 bedrooms, 4.5 bathrooms, and a home office across four stories designed with transitional mezzanine levels to create volume and maximize natural light.
On the first floor is a home office and powder room leading up to an open dining room and kitchen. The kitchen leads out onto a deck overlooking the backyard and features alluring Calacutta Viola slab marble countertops and backsplashes, custom cabinets, a wall-mounted pot filler, a pull-down faucet, and high-end appliances including a Sub-Zero fridge, COVE dishwasher, and eco-friendly Wolf induction range.
The second floor has a charming living room with a matte black porcelain tile fireplace and a wet bar with a Hisense wine fridge. A half-level up is a laundry room and a large bedroom with a private en-suite. The third floor has a second en-suite bedroom and a tranquil solarium with an attached sun terrace.
The primary suite occupies the entire fourth floor and has a walk-through closet and spa-like en-suite bathroom with double sinks, a step-in shower, and a fluted soaking tub. The cellar has two multi-purpose spaces that can be used as a yoga studio, den, media room, and more. One has a laundry room with a sink and side-by-side washer/dryer, and the other has a wet bar and full bathroom. Wide plank white oak floors and a Sonos sound system run throughout.
238 Greene Avenue sits on a charming tree-lined street in Clinton Hill. The home is surrounded by trendy restaurants, cafes, bars, and shops and is close to Pratt Institute, Fort Greene Park, and Herbert Von King Park. The G and C subway lines are a few blocks away.
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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%.
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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.
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Relisted | $3,300,000 | |
| Relisted | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Nest Seekers LLC | $3,300,000 | |
| Listed by Nest Seekers LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017