30-38 29th Street #5C
About This Property
Residents access the home via a high-tech Latch smart lock and are greeted by a spacious living and dining room with wide plank oak floors and floor-to-ceiling triple-pane soundproof Schu¨co windows. The living area flows out onto a roomy balcony, and the dining area is adjacent to a pristine kitchen with stunning quartz countertops, white subway tile backsplashes, custom matte white cabinetry, and stainless steel appliances including a Blomberg refrigerator and dishwasher and an eco-friendly Frigidaire Gallery induction range with built-in air fryer functionality.
The primary bedroom has a walk-in closet and full en-suite bathroom with soothing tilework, Kohler fixtures, a walk-in shower, and a custom vanity. The second bedroom has private closet space and an attached balcony, and the second bathroom has a soaking tub. An additional storage closet and an in-unit washer/dryer complete the home.
Petra is a pet-friendly elevator building with exceptional amenities. A spacious rooftop deck has commanding city views and several seating areas for alfresco dining or outdoor gatherings. Private storage units are extensions of the home, and Amazon Lockers ensure secure package delivery. There is on-site parking and a bicycle room, and the common laundry room has Miele washers/dryers.
Petra is located in a secluded residential enclave minutes from bustling pedestrian strips, grocery stores, and public transportation. The neighborhood's rich diversity infuses its endless variety of restaurants, bars, cafes, and shops. Athens Square is a local greenspace just down the street, and Socrates Park, Rainey Park, and Astoria Park are all gorgeous riverside escapes. Costco, The Noguchi Museum, and the Museum of the Moving Image are all close by. Public transportation options include the N/W subway lines and the NYC Ferry.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 19, 2022 | Listed by Nest Seekers LLC | $950,000 | |
Listed by Nest Seekers LLC | |||
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Inviting, bright, and infused with modern details, this brand new
2-bedroom, 2-bathroom condo offers stylish Astoria living with two
balconies and close proximity to one of the most exhilarating
dining and nightlife scenes in the entire city.
Residents access the home via a high-tech Latch smart lock and are
greeted by a spacious living and dining room with wide plank oak
floors and floor-to-ceiling triple-pane soundproof Schu¨co windows.
The living area flows out onto a roomy balcony…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/08/2024
|
Studio
|
1 Bath
|
391 ft²
|
$440,000
Studio
1 Bath
391 ft²
|
$435,000
-1.14%
06/01/2024
|
-
|
Michael Bethoney
Nest Seekers International
| |
04/08/2024
|
Studio
|
1 Bath
|
391 ft²
|
$480,000
Studio
1 Bath
391 ft²
|
$480,000
01/05/2025
|
-
|
Michael DeSena
Nest Seekers International
| |
11/30/2023
|
Studio
|
1 Bath
|
391 ft²
|
$495,000
Studio
1 Bath
391 ft²
|
$495,000
12/30/2023
|
-
|
Michael DeSena
Nest Seekers International
| |
03/01/2023
|
1 Bed
|
1 Bath
|
-
|
$572,000
1 Bed
1 Bath
|
$565,000
-1.22%
05/05/2023
|
-
|
Elias Kamitsis
Modern Spaces
| |
01/17/2023
|
1 Bed
|
1 Bath
|
-
|
$560,000
1 Bed
1 Bath
|
$560,000
06/01/2023
|
-
|
Elias Kamitsis
Modern Spaces
| |
01/16/2023
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
$899,000
06/05/2023
|
-
|
Elias Kamitsis
Modern Spaces
| |
09/14/2022
|
1 Bed
|
1 Bath
|
-
|
$538,150
1 Bed
1 Bath
|
$538,000
-0.03%
05/04/2023
|
-
|
Elias Kamitsis
Modern Spaces
| |
09/13/2022
|
1 Bed
|
1 Bath
|
-
|
$537,050
1 Bed
1 Bath
|
$537,000
-0.01%
05/24/2023
|
-
|
Elias Kamitsis
Modern Spaces
|
Building Info
