243 Park Ave
About This Property
This exceptional property includes a beautifully preserved historic home situated on four full city lots, offering space, privacy, and a range of possibilities. Step into timeless elegance with this pristine Victorian gem, located in one of the area's most sought-after neighborhoods. Brimming with vintage character and architectural detail, this home seamlessly blends old-world charm with thoughtful updates. Inside, you'll find wood flooring, intricate woodwork, and transom and stained-glass windows that fill the space with natural light. The tile bathroom adds a touch of modern sophistication while preserving the home's classic design. Enjoy the inviting enclosed front porch with a swing-the perfect spot to unwind and enjoy quiet moments or quality time with family. The exterior is equally impressive, featuring a wrought iron fence, mature landscaping, fruit trees, and a stately Weeping Willow. A sprinkler system services all four lots, keeping the grounds lush and green. A spacious two-car detached garage-constructed with durable cinder block, a metal roof, and decorative trim-offers ample room for storage, hobbies, or workshop space.
This property is a true treasure, combining historical charm, abundant outdoor space, and countless possibilities for future use. Contact us today for a showing.
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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 |
|---|---|---|---|
| Jun 12, 2025 | Listed by Century 21 Community First | $1,195,000 | |
| Listed by Century 21 Community First | |||
| Aug 11, 2023 | Listed | $1,295,000 | |
| Listed | |||
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Beautiful home on 4 city lots! Home & all 4 lots are offered for sale for $1,295,000. The home only, on two city lots, can be purchased separately, with an easement to the adjacent two lots, aka 235 Park, for $899,000. The home must be sold first before the Seller will offer 235 Park Ave for sale for $449,500. Welcome home! Pristine Victorian charmer in a highly sought-after neighborhood in a prime location! This beautiful home boasts exquisite vintage charm and distinctive architectural style that will captivate you! As you step inside, you'll be greeted by the warm and inviting atmosphere created by the wood floors that flow seamlessly throughout the house. The tile bathroom adds a touch of elegance and modernity to the classic design. You'll also appreciate the elaborate woodwork and ornate details that showcase the craftsmanship of a bygone era. The transom windows and beautiful stained-glass windows allow an abundance of natural light to fill the rooms, creating a bright and cheerful ambiance. The enclosed front porch with a swing offers a perfect space for relaxing and enjoying family time. The exterior of the property is equally enchanting, with a decorative wrought iron fence and mature landscaping featuring fruit trees and a majestic Weeping Willow. The sprinkler system covers all lots, ensuring that the lush greenery remains vibrant and well-maintained. For those in need of additional space, an oversized, cinder block, 2 car detached garage with a metal roof and decorative trim awaits. Whether you envision it as a workshop, storage area, or a place to indulge in your hobbies, the possibilities are endless. This home truly represents a unique opportunity to own a piece of history, with its combination of vintage charm, beautiful windows, and ornate architectural details. Don't miss out on the chance to make this exceptional property the place you proudly call home. Also visit our virtual tour. Call to schedule a showing today! Welcome home.
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| Jan 3, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017