238 W 106th Street #3H
About This Property
Find a wonderful large quiet sunny apartment located between Central Park and Riverside Park on the Upper West Side of Manhattan in a turn-of-the-century building with a beautiful marble entrance and ironwork gate and doors.
It feels like an oasis after a typical New York day!
The wood wall panels in the heart of this home bring an intimate relaxing environment. The light comes and goes along the day with all multiple directions of windows. The disposition of this home allows each member of the household to be independent or to share communal space.
The kitchen, the heart of the apartment, opens to the dining room where lots of activities can take place. The current owner raised three children here with a natural flux of movement and beautiful energy that brought peace to all.
The eldest would do homework on the long table, and while the matriarch was preparing dinner, and the youngest would take a bath adjacent to the kitchen. Later on, storytime on the comfortable bench or watching TV in the living room before retiring in each's own bedroom. It brought perfect harmony to the current owner and can bring harmony to your life as well.
Lots of beautiful delicious dinners and memories were had at the long table, even a large dancing party with nearly 100 people. The space of this home works to open up for gatherings --or to close down for intimacy.
The location is also well-served by the 1-train, the B/C trains, and five (5) buses; there is an abundance of fresh farmer's markets, stores, cafes, restaurants, jazz clubs, not to mention Absolute Bagels for Sunday morning and a favorite French bakery.
Located between two parks, the apartment is perfect for walks, playgrounds, bird watchers, runners, bicyclists, nature lovers, skating in the Winter, swimming in the Summer, and of course all the concerts in the parks.
Life at home can finally be relaxing and comfortable, without needing to leave behind all you love about New York. Your next home is waiting for you.
238 West 106th Street is a very well managed HDFC co-op building with no income restrictions. The financials are excellent as there is no underlying mortgage and the maintenance charges are extremely low, given the size of the apartments. Subleasing is permitted with restrictions. Pets are allowed on a case-by-case basis. Low flip tax. For more information and to receive our FAQ, please contact us today.
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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 |
|---|---|---|---|
| Mar 27, 2021 | No longer available | - | |
| No longer available | |||
| Mar 26, 2021 | Sold | ||
| Sold | |||
| Nov 28, 2020 | In contract | - | |
| In contract | |||
| Oct 11, 2020 | Price Decreased |
$1,850,000
↓ $145K
(7.3%) | |
| Price Decreased | |||
| Sep 4, 2020 | Price Increased |
$1,995,000
↑ $145K
(7.8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/02/2023
|
2 Bed
|
1 Bath
|
-
|
$795,000
2 Bed
1 Bath
|
$750,000
-5.66%
09/26/2023
|
Fainna Kagan
Corcoran Group
| |
|
12/16/2022
| |
Loft
|
1 Bath
|
-
|
$625,000
Loft
1 Bath
|
-
-
|
Mable Ivory
Engel & Volkers New York Real Estate LLC
|
|
12/16/2022
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$540,000
-13.60%
09/28/2023
|
Mable Ivory
Engel & Volkers New York Real Estate LLC
| |
|
10/03/2022
|
2 Bed
|
1 Bath
|
-
|
$700,000
2 Bed
1 Bath
|
$540,000
-22.86%
09/14/2023
|
Erin Wheelock
KWNYC Midtown
| |
|
05/06/2022
|
3 Bed
|
2 Bath
|
-
|
$1,195,000
3 Bed
2 Bath
|
$1,195,000
12/13/2022
|
Joseph Chaplin
Prudential Douglas Elliman Real Estate
| |
|
03/12/2021
|
2 Bed
|
1 Bath
|
-
|
$650,000
2 Bed
1 Bath
|
$650,000
07/31/2021
|
Scott Harris
Brown Harris Stevens
| |
|
06/18/2020
|
4 Bed
|
2 Bath
|
-
|
$1,850,000
4 Bed
2 Bath
|
$1,850,000
03/26/2021
|
John McGuinness
Compass
| |
|
08/12/2019
|
2 Bed
|
1 Bath
|
-
|
$699,000
2 Bed
1 Bath
|
$699,000
07/23/2020
|
Ellen Saland
Compass
| |
|
05/26/2017
|
2 Bed
|
1 Bath
|
630 ft²
|
$661,500
2 Bed
1 Bath
630 ft²
|
$661,500
02/05/2021
|
Myrna Rosen
City Connections Realty Inc
| |
|
01/31/2017
|
3 Bed
|
2 Bath
|
-
|
$1,275,000
3 Bed
2 Bath
|
$915,000
-28.24%
03/13/2018
|
Maurizio Trois
Prudential Douglas Elliman Real Estate
| |
|
10/27/2016
|
2 Bed
|
1 Bath
|
-
|
$615,000
2 Bed
1 Bath
|
$615,000
06/06/2017
|
Rachel Field
The Corcoran Group
| |
|
04/28/2016
|
2 Bed
|
2 Bath
|
-
|
$1,295,000
2 Bed
2 Bath
|
$1,295,000
02/05/2021
|
Caroline L. Brown
Brown Harris Stevens
| |
|
07/02/2014
|
3 Bed
|
1.5 Bath
|
-
|
$1,200,000
3 Bed
1.5 Bath
|
$1,200,000
02/05/2021
|
Tony Oakley
Compass
| |
|
01/29/2010
|
4 Bed
|
-
|
-
|
$975,000
4 Bed
-
|
$975,000
01/21/2015
|
Martin Krasnoff
RAND REALTY NY // CONDOS NY, LLC
|
Building Info
About Upper Manhattan
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017