25 LEROY Street #2
About This Property
25 Leroy Street is a coop located in the West Village between Bleecker and Bedford Street. This 5-story walk-up has 20 residential units, was built in 1910 and converted to co-op in 1983. This pet-friendly coop features a video intercom system directly connected to your cell phone, laundry room, bike storage and storage available to rent. Pied-a-terre, guarantors and parent buying for children permitted.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 26, 2022 | Sold to Allison Powell | $419,000 | |
Sold to Allison Powell | |||
Jun 23, 2022 | In contract | - | |
In contract | |||
Jun 2, 2022 | Listed by Corcoran Group | $419,000 | |
Listed by Corcoran Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/10/2023
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$490,000
-10.91%
08/22/2023
|
Elisabeth Schwartzberg
Compass
| ||
06/02/2022
|
Studio
|
1 Bath
|
-
|
$419,000
Studio
1 Bath
|
$419,000
08/26/2022
|
Brian Rice
Corcoran Group
| ||
11/08/2018
|
1 Bed
|
1 Bath
|
-
|
$425,000
1 Bed
1 Bath
|
$450,000
+5.88%
04/04/2019
|
-
|
George Arana
Halstead Property, LLC
|