259 Park Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by The Corcoran Group | $4,200,000 | |
| Listed by The Corcoran Group | |||
| Jun 18, 2020 | No longer available | - | |
| No longer available | |||
| Oct 23, 2019 | Listed | $3,500,000 | |
| Listed | |||
| | |||
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Walk to everything! Stunning brand new home to be built in the center of town. This two story home with elevator offers 4 bedrooms, 3 bathrooms, multiple covered terraces, an eat in kitchen, and more.259 Park Avenue is conveniently in walking distance to the some of the finest shopping, dining, and beaches on the Island. Also in walking distance are everyday conveniences such as Publix, Green's Pharmacy, Amici Market, and numerous financial institutions. The manager has listed the unit size as 1860 square feet.
| |||
| Aug 2, 2016 | Sold | ||
| Sold | |||
Property Highlights
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About Bungalow Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017