28 Margin St #A
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%.
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 |
|---|---|---|---|
| Oct 22, 2026 | Listed by Redfin Corp. | $475,000 | |
| Listed by Redfin Corp. | |||
| Sep 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 16, 2026 | Listed by Redfin Corp. | $490,000 | |
| Listed by Redfin Corp. | |||
| |||
|
Experience elevated waterfront living in this meticulously renovated end-unit at the prestigious RiverBay Condominiums. This 2BD/2.5BA gem has been transformed from top to bottom, featuring a designer kitchen with custom cabinetry and premium appliances, alongside fully refreshed bathrooms and contemporary lighting. Beyond the cosmetic upgrades like new flooring and fresh paint, this home offers ultimate peace of mind with a brand-new HVAC system and a high-efficiency AC condenser. Relax on your private living room deck or step out onto the primary suite’s personal balcony to enjoy the breeze. Complete with an attached garage, and pull-down attic storage, this turnkey residence offers a high-end, worry-free lifestyle at an accessible price point.
| |||
| Jun 19, 2026 | No longer available | - | |
| No longer available | |||
| Apr 26, 2026 | Price Decreased |
$535,000
↓ $12K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/20/2025
|
2 Bed
|
2 Bath
|
1290 ft²
|
$460,000
2 Bed
2 Bath
1290 ft²
|
$460,000
01/13/2026
|
Scott Driscoll
Redfin Corp.
| |
|
10/19/2024
|
2 Bed
|
3 Bath
|
1430 ft²
|
$354,900
2 Bed
3 Bath
1430 ft²
|
$351,750
-0.89%
02/07/2025
|
Kowoon Lee
Kowoon Jen Lee
| |
|
06/23/2023
|
2 Bed
|
3 Bath
|
-
|
$372,900
2 Bed
3 Bath
|
-
-
|
Mission Impossible Team
United Brokers
| |
|
12/16/2021
|
2 Bed
|
3 Bath
|
-
|
$399,900
2 Bed
3 Bath
|
-
-
|
Mission Impossible Team
United Brokers
| |
|
01/25/2005
|
2 Bed
|
3 Bath
|
1430 ft²
|
$258,000
2 Bed
3 Bath
1430 ft²
|
$252,500
-2.13%
03/11/2005
|
Christina Chesbrough
Century 21 N. Shore RE
| |
|
11/15/2002
|
2 Bed
|
3 Bath
|
1430 ft²
|
$209,900
2 Bed
3 Bath
1430 ft²
|
$205,000
-2.33%
02/07/2003
|
Kimberly Durso
Century 21 Mclennan & Company
| |
|
04/30/1999
|
2 Bed
|
3 Bath
|
1430 ft²
|
$119,900
2 Bed
3 Bath
1430 ft²
|
$120,000
+0.08%
06/30/1999
|
Warren VanDeventer
Coldwell Banker Realty - Winchester
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017