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Map
2624 AVE X
About This Property
Welcome to this exceptional corner-lot two-family home - a rare gem offering abundant space, comfort, and versatility in a highly desirable location. With a 23 x 53 building footprint and a smart, functional layout, this property is ideal for end-users or investors seeking a move-in ready residence with strong income potential.
Property Highlights:
- Two-family configuration with separate utilities - perfect for multi-generational living or rental income
- First-floor apartment features 2 bedrooms, 1 bathroom, a windowed kitchen, separate dining area, and direct access to the backyard
- Second-floor apartment offers a spacious renovated 3-bedroom layout with 2 bathrooms, multiple closets, high ceilings plus front and back porches
- Finished basement with private entrance complete with a guest suite, full bathroom, and sleeping area
- Recreation area in the basement has a dedicated game room with mahogony pool table, jaccuzzi room, and a laundry room
- Split-system A/C throughout for modern and efficient climate control
- Three separate entrances: front, side, and private basement entry for added flexibility and privacy
- Garage, private driveway, and additional parking - a rare and valuable amenity
- Front and back porches ideal for relaxation and gatherings
- Private backyard - perfect for gardening, BBQs, and outdoor enjoyment
- Dedicated backyard shed with tools and extra storage, basement storage with work station
- Bright and airy interior thanks to its favorable corner-lot exposure
- Bill Brown Playground (just a few blocks away) - highly used community park with basketball courts, handball courts, and playground
- Train Transportation - Q Train - Avenue U Station (about 8-10 minute walk)
- B3, B49, B68, and B82 all run nearby, offering quick connections to subway stations, Kings Highway, and other commercial hub
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Corcoran Group | $1,159,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2025
| |
5 Bed
|
4 Bath
|
2398 ft²
|
$1,159,000
5 Bed
4 Bath
2398 ft²
|
$1,205,000
+3.97%
01/09/2026
|
Irine Blyumin
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017