2641 Riverside Dr #2
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 |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Century 21 KoRes | $132,500 | |
| Listed by Century 21 KoRes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2024
|
2 Bed
|
2 Bath
|
800 ft²
|
$189,000
2 Bed
2 Bath
800 ft²
|
$182,500
-3.44%
11/22/2024
|
Andrew Velez
RE/MAX Advisors
| |
|
03/21/2022
|
2 Bed
|
2 Bath
|
800 ft²
|
$179,900
2 Bed
2 Bath
800 ft²
|
$171,000
-4.95%
04/25/2022
|
Jose Sequeira
CENTURY 21 Tenace Realty
| |
|
02/05/2021
|
2 Bed
|
2 Bath
|
800 ft²
|
$132,500
2 Bed
2 Bath
800 ft²
|
$130,000
-1.89%
05/07/2021
|
Arnoldo Jose Vetencourt
United Realty Group Inc.
| |
|
09/04/2018
|
2 Bed
|
2 Bath
|
800 ft²
|
$109,900
2 Bed
2 Bath
800 ft²
|
$110,000
+0.09%
09/26/2018
|
Tom Salomone
Real Estate II Inc
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
800 ft²
|
$68,800
2 Bed
2 Bath
800 ft²
|
$72,500
+5.38%
07/17/2015
|
Craig A Green
Real Estate Asset Disp Corp.
| |
|
04/24/2007
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
$157,000
-1.81%
06/07/2007
|
Juan Salas
United Realty Group Inc
|
Building Info
About Riverside Drive
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$2,000 /mo
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017