29 S 3rd Street #4E
About This Property
The open kitchen has been completely renovated and features Carrera marble countertops, a bevel cut subway tile backsplash, high gloss white soft touch cabinetry, an extra large sink with an Insinkerator, and stainless steel appliances by Wolf, Bosch and Frigidaire, including a built-in dual zone wine fridge.
The bathroom, also completely renovated, includes Carrera marble tile floors, subway tiled walls, a Toto toilet, a designer floating double sink and a deep soaking tub.
Both the living room and master bedroom are very spacious, and the second bedroom features a skylight. The entire apartment has also been recently painted and the master bedroom features a hand applied architectural plaster accent wall. All of the closets throughout the home have been custom fitted and an Electrolux washer and dryer are hidden away. There is an abundance of overhead lighting throughout the home along with recessed electric sheer and blackout shades for every window. All lighting and shades are set up on a Lutron RA2 smart system that can be controlled through the Lutron app and/or voice commands with Alexa or a similar device. The hvac system has also just been replaced with whisper-quiet, energy efficient Fujitsu inverter split units. This apartment is in mint condition and move-in ready!
As if the apartment wasn't sweet enough on it's own; this home has a balcony with views for days, and comes with a storage unit, a parking space and a 15'4" x 16' private roof oasis with custom woodwork and direct views of the East River, Manhattan skyline and Williamsburg Bridge.
This elevator building with a video monitor system features a large common roof deck as well as bike storage. It's located directly across the street from the fabulous Domino Park, down the block from Freehold and across the street from Mekelburg's and Misi - right in the heart of Williamsburg. This is also one of the last buildings in the area to have a tax abatement that doesn't expire until 2036.
Come see this incredible home as soon as possible - it won't last!
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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 |
|---|---|---|---|
| May 29, 2021 | No longer available | - | |
| No longer available | |||
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | In contract | - | |
| In contract | |||
| Apr 9, 2021 | Price Increased |
$1,425,000
↑ $181K
(14.6%) | |
| Price Increased | |||
| Apr 8, 2021 | Listed by Compass | $1,375,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/17/2023
|
1 Bed
|
1 Bath
|
-
|
$1,095,000
1 Bed
1 Bath
|
$1,095,000
08/31/2023
|
Warner Lewis
Brown Harris Stevens Residential Sales LLC
| |
|
01/21/2023
|
2 Bed
|
1 Bath
|
864 ft²
|
$1,170,600
2 Bed
1 Bath
864 ft²
|
$1,204,950
+2.93%
04/18/2023
|
Antonia Chabrowski
Compass
| |
|
03/09/2022
|
2 Bed
|
1 Bath
|
-
|
$1,400,000
2 Bed
1 Bath
|
$1,400,000
05/16/2022
|
Kathy Murray
Douglas Elliman Real Estate
| |
|
04/22/2021
|
2 Bed
|
2 Bath
|
1058 ft²
|
$1,250,000
2 Bed
2 Bath
1058 ft²
|
$1,250,000
07/01/2021
|
Michael S Lubin
Brown Harris Stevens Residential Sales LLC
| |
|
04/08/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$1,375,000
2 Bed
1 Bath
900 ft²
|
$1,400,000
+1.82%
05/26/2021
|
Nina Shepherd
Compass
| |
|
07/20/2020
|
2 Bed
|
2 Bath
|
1089 ft²
|
$1,275,000
2 Bed
2 Bath
1089 ft²
|
$1,250,000
-1.96%
11/16/2020
|
David Taylor
Compass
| |
|
04/30/2019
|
2 Bed
|
2 Bath
|
1110 ft²
|
$1,375,000
2 Bed
2 Bath
1110 ft²
|
$1,400,000
+1.82%
08/19/2019
|
Kelly B Scher
The Corcoran Group
| |
|
09/12/2016
|
2 Bed
|
2 Bath
|
1524 ft²
|
$1,200,000
2 Bed
2 Bath
1524 ft²
|
-
01/20/2017
|
Sarah Deidre Shuken
The Corcoran Group
| |
|
03/03/2016
|
2 Bed
|
2 Bath
|
980 ft²
|
$1,195,000
2 Bed
2 Bath
980 ft²
|
-
10/20/2016
|
Fredrik Wide
Room Real Estate, LLC
| |
|
10/16/2015
|
2 Bed
|
1 Bath
|
900 ft²
|
$1,175,000
2 Bed
1 Bath
900 ft²
|
$1,175,000
02/12/2016
|
Deborah Rieders
Corcoran Group
| |
|
10/29/2014
|
2 Bed
|
2 Bath
|
1024 ft²
|
$1,200,000
2 Bed
2 Bath
1024 ft²
|
$1,225,000
+2.08%
05/08/2015
|
Gregory Kyroglou
Modern Spaces
| |
|
01/29/2014
|
2 Bed
|
2 Bath
|
1058 ft²
|
$1,115,000
2 Bed
2 Bath
1058 ft²
|
$1,175,000
+5.38%
04/25/2014
|
Carlos Simoes
Modern Spaces, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017