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240 E 10th Street #11B
About This Property
Inside discover hardwood floors, a flexible floorplan, and elegant tile bathrooms with high-quality fixtures. A spacious balcony extends from both the living room and master bedroom, offering a serene outdoor retreat. The primary suite impresses with a large walk-in closet and en-suite bathroom, while the secondary bedroom is generously sized. Culinary enthusiasts will appreciate the chef's kitchen equipped with intelligently designed cabinetry, honed granite countertops, and premium appliances such as a professional 5-burner Thermador stove, Fisher & Paykel 36-inch refrigerator, and Bosch dishwasher. For added convenience, the unit includes an in-unit Bosch washer and dryer, and a home elevator call button for those on-the-go moments.
Situated in The New Theatre Building at 240 East 10th Street, this full-service condominium has been a neighborhood staple since its completion in 2001. Residents enjoy amenities such as a full-time doorman, super, storage rentals, bike racks, and common outdoor space. Recent lobby renovations and exterior work compliant with Local Law 11 were completed and fully funded in 2018.
Perfectly positioned in the heart of the East Village on charming 10th Street, you're just a short stroll away from Astor Place, Greenwich Village, the Lower East Side, the Bowery, Union Square, and Thompkins and Stuyvesant Parks. Easy access to public transportation is provided by the nearby L train and multiple subway lines at Union Square.
With the flexibility of condo ownership and low carrying charges, Apartment 11B not only offers a wonderful place to call home but also represents an excellent investment opportunity. Don't miss out on this urban oasis!
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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
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 9, 2024 | Sold | ||
Sold | |||
Jul 12, 2024 | In contract | - | |
In contract | |||
Jun 21, 2024 | Price Decreased |
$1,999,000
↓ $151K
(7%) | |
Price Decreased | |||
Apr 2, 2024 | Listed by Compass | $2,150,000 | |
Listed by Compass | |||
Mar 12, 2020 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/16/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,525,000
2 Bed
2 Bath
1100 ft²
|
$1,490,000
-2.30%
04/11/2025
|
-
|
Stephanie Weisberg
Prudential Douglas Elliman Real Estate
| |
04/02/2024
|
2 Bed
|
2 Bath
|
1145 ft²
|
$2,150,000
2 Bed
2 Bath
1145 ft²
|
$1,960,000
-8.84%
08/09/2024
|
-
|
Ryan Garson
Compass
| |
11/28/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,449,000
2 Bed
2 Bath
1100 ft²
|
$1,449,000
04/05/2024
|
-
|
Russell Putterman
KWNYC Tribeca
| |
06/07/2023
|
3 Bed
|
2 Bath
|
1496 ft²
|
$2,250,000
3 Bed
2 Bath
1496 ft²
|
$2,250,000
11/02/2023
|
-
|
Joshua B Rubin
Douglas Elliman Real Estate
| |
09/06/2022
|
2 Bed
|
2 Bath
|
1496 ft²
|
$3,100,000
2 Bed
2 Bath
1496 ft²
|
$2,968,900
-4.23%
04/28/2023
|
Shana Allen
Bond New York Properties LLC
| ||
02/08/2022
|
2 Bed
|
2 Bath
|
1340 ft²
|
$2,900,000
2 Bed
2 Bath
1340 ft²
|
$2,500,000
-13.79%
08/17/2022
|
Scott D Elyanow
Compass
| ||
05/29/2020
|
3 Bed
|
2 Bath
|
1496 ft²
|
$2,295,000
3 Bed
2 Bath
1496 ft²
|
$2,150,000
-6.32%
01/27/2021
|
Forbes Phillips
Brown Harris Stevens Residential Sales LLC
| ||
11/13/2019
|
2 Bed
|
2 Bath
|
1145 ft²
|
$1,925,000
2 Bed
2 Bath
1145 ft²
|
$1,815,000
-5.71%
03/10/2020
|
Sybille Novack
Sothebys International Realty
| ||
09/03/2019
|
2 Bed
|
2 Bath
|
1175 ft²
|
$1,830,000
2 Bed
2 Bath
1175 ft²
|
$1,650,000
-9.84%
02/13/2020
|
Jill K Meilus
Corcoran Group
| ||
05/02/2019
|
3 Bed
|
3 Bath
|
3200 ft²
|
$6,500,000
3 Bed
3 Bath
3200 ft²
|
$6,000,000
-7.69%
08/20/2019
|
-
|
Adam Modlin
Modlin Group LLC
| |
12/17/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,695,000
2 Bed
2 Bath
1100 ft²
|
$1,495,000
-11.80%
05/23/2019
|
Jill Meilus
Corcoran Group
| ||
10/22/2018
|
3 Bed
|
3 Bath
|
2507 ft²
|
$6,850,000
3 Bed
3 Bath
2507 ft²
|
$6,850,000
04/09/2019
|
-
|
Matthew Lesser
Garfield, Leslie J. & Co., Inc.
| |
10/05/2018
|
2 Bed
|
2 Bath
|
1145 ft²
|
$1,850,000
2 Bed
2 Bath
1145 ft²
|
$1,800,000
-2.70%
01/23/2019
|
Nicholas Gavin
Compass
| ||
01/02/2018
|
2 Bed
|
2 Bath
|
1145 ft²
|
$2,295,000
2 Bed
2 Bath
1145 ft²
|
$1,700,000
-25.93%
04/10/2019
|
-
|
Cathy Fuerth
Corcoran Group
| |
06/14/2016
|
2 Bed
|
2 Bath
|
1340 ft²
|
$2,295,000
2 Bed
2 Bath
1340 ft²
|
$2,627,510
+14.49%
10/21/2016
|
Giefaan Kim
Keller Williams NYC
| ||
12/01/2015
|
3 Bed
|
2 Bath
|
1496 ft²
|
$2,975,000
3 Bed
2 Bath
1496 ft²
|
-
06/29/2016
|
Warner Lewis
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
10/09/2014
|
2 Bed
|
2 Bath
|
1145 ft²
|
$1,695,000
2 Bed
2 Bath
1145 ft²
|
$1,625,000
-4.13%
03/13/2015
|
Joshua Rubin
Douglas Elliman Real Estate
| ||
07/23/2013
|
2 Bed
|
2 Bath
|
-
|
$1,650,000
2 Bed
2 Bath
|
$1,650,000
02/05/2021
|
-
|
Louise Phillips Forbes
Brown Harris Stevens Residential Sales LLC
| |
03/27/2013
|
2 Bed
|
2 Bath
|
1175 ft²
|
$1,549,000
2 Bed
2 Bath
1175 ft²
|
$1,625,000
+4.91%
07/11/2013
|
Sue Wolfe
Corcoran Group
| ||
02/04/2013
|
3 Bed
|
2 Bath
|
-
|
$2,269,000
3 Bed
2 Bath
|
-
06/27/2013
|
Laura R Schwartz
Keller Williams NYC
|
Building Info
- 36 Units
- 2 Units for Sale
