305 2nd Avenue #516
About This Property
Apartment:
• Oversized Loft Style Unit
• Unique Layout
• Soaring 16' Ceilings
• 10' Tall Casement Windows
• Main Floor Bedrooms
• Dining Area Converted to 2nd Bedroom – Nursery/Home Office
• Washer/Dryer in Unit
• Bathroom – White Marble w/ Black Granite Countertop and a Deep Soaking Tub.
Kitchen:
• Windowed Chef's Kitchen
• Viking stove
• Sub Zero refrigerator
• Bosch dishwasher
• Poggenpohl Cabinets
• Granite Countertops
Building:
• Rutherford Place
• Landmarked Gilded Age Architecture
• Built by JP Morgan in 1902 as Manhattan's First Birthing Hospital
• Listed on the National Register of Historic Places
• Converted to Condominiums in 2003
• Full-service Building w/ 24hr Doorman
• Magnificent Common Roof Deck
• Roof Top Gym
• Additional laundry on every floor
• Bike room
• Pet Friendly
Neighborhood:
Corner of 2nd Ave and 17th St, adjacent to Stuyvesant Square Park, stands a venerable limestone and brick edifice. Its gleaming slate roof and Beaux Arts detailing attest to its pedigree as a National Landmark.
Nearby neighborhoods of Union Square, East Village, and lower east side guarantee an evolving scene with many great restaurants, retail shops, and nightlife entertainment all within walking distance.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
---|---|---|---|
Aug 16, 2024 | Listed by Compass | $1,675,000 | |
Listed by Compass | |||
Jun 25, 2018 | No longer available | - | |
No longer available | |||
Apr 23, 2018 | Price Decreased |
$1,625,000
↓ $50K
(3%)
|
|
Price Decreased | |||
Apr 20, 2018 | Price Decreased |
$1,675,000
↓ $20K
(1.2%)
|
|
Price Decreased | |||
Apr 19, 2018 | Price Increased |
$1,695,000
↑ $20K
(1.2%)
|
|
Price Increased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/24/2024
|
Studio
|
2 Bath
|
-
|
$1,250,000
Studio
2 Bath
|
-
-
|
-
|
JAY PEGRAM
EXP Realty NYC
|
|
02/23/2024
|
|
2 Bed
|
2 Bath
|
1054 ft²
|
$1,850,000
2 Bed
2 Bath
1054 ft²
|
-
-
|
-
|
Jennifer Roberts
Compass
|
09/19/2023
|
1 Bed
|
1 Bath
|
917 ft²
|
$1,545,000
1 Bed
1 Bath
917 ft²
|
$1,545,000
01/05/2024
|
Brian Lewis
Compass
|
||
07/13/2023
|
1 Bed
|
1 Bath
|
949 ft²
|
$1,350,000
1 Bed
1 Bath
949 ft²
|
$1,325,000
-1.85%
09/28/2023
|
-
|
Ivana Tagliamonte
Compass
|
|
06/20/2023
|
2 Bed
|
2 Bath
|
-
|
$1,900,000
2 Bed
2 Bath
|
$1,875,000
-1.32%
10/02/2023
|
Adrianne Kriegstein
Compass
|
||
05/16/2023
|
2 Bed
|
1 Bath
|
1071 ft²
|
$1,680,000
2 Bed
1 Bath
1071 ft²
|
$1,590,000
-5.36%
03/08/2024
|
ERIC FLEMING
Corcoran Group
|
||
04/27/2023
|
1 Bed
|
1 Bath
|
-
|
$1,325,000
1 Bed
1 Bath
|
$1,315,000
-0.75%
06/27/2023
|
Brian Lewis
Compass
|
||
04/06/2023
|
Loft
|
-
|
-
|
$45,000
Loft
-
|
-
-
|
-
|
Jeff Yi
Halstead Property, LLC
|
|
02/20/2023
|
Loft
|
-
|
-
|
$1,400,000
Loft
-
|
-
-
|
-
|
Jeff Yi
Halstead Property, LLC
|
|
01/29/2023
|
1 Bed
|
1 Bath
|
1200 ft²
|
$1,695,000
1 Bed
1 Bath
1200 ft²
|
$1,625,000
-4.13%
06/26/2023
|
Ben Haymes
Brown Harris Stevens Residential Sales LLC
|
||
01/22/2023
|
2 Bed
|
2 Bath
|
1172 ft²
|
$1,995,000
2 Bed
2 Bath
1172 ft²
|
$1,940,000
-2.76%
04/28/2023
|
Amy Ingenhutt
Douglas Elliman Real Estate
|
||
01/16/2023
|
1 Bed
|
1 Bath
|
1108 ft²
|
$1,500,000
1 Bed
1 Bath
1108 ft²
|
$1,450,000
-3.33%
05/24/2023
|
Joseph Grosso
Corcoran Group
|
||
10/25/2022
|
2 Bed
|
2 Bath
|
1600 ft²
|
$2,000,000
2 Bed
2 Bath
1600 ft²
|
$2,125,000
+6.25%
02/22/2023
|
Matthew Tully
Keller Williams NYC
|
||
03/04/2022
|
Studio
|
1 Bath
|
611 ft²
|
$899,000
Studio
1 Bath
611 ft²
|
$829,000
-7.79%
06/22/2022
|
Cindy Gise
Douglas Elliman Real Estate
|
||
11/08/2021
|
2 Bed
|
2 Bath
|
1630 ft²
|
$2,195,000
2 Bed
2 Bath
1630 ft²
|
$1,930,000
-12.07%
05/31/2022
|
Adam Fischel
Compass
|
||
08/10/2021
|
2 Bed
|
2 Bath
|
1308 ft²
|
$1,775,000
2 Bed
2 Bath
1308 ft²
|
$1,775,000
02/10/2022
|
Rory Clark
Brown Harris Stevens Residential Sales LLC
|
||
06/21/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,775,000
2 Bed
2 Bath
1300 ft²
|
$1,725,000
-2.82%
08/30/2021
|
Alexander Novack
Sothebys International Realty
|
||
04/23/2021
|
2 Bed
|
2 Bath
|
1126 ft²
|
$1,675,000
2 Bed
2 Bath
1126 ft²
|
$1,750,000
+4.48%
09/16/2021
|
Ante Jakic
Compass
|
||
03/16/2021
|
1 Bed
|
1 Bath
|
1041 ft²
|
$1,195,000
1 Bed
1 Bath
1041 ft²
|
$1,325,000
+10.88%
07/01/2021
|
Kyle Haas
Compass
|
||
10/16/2019
|
2 Bed
|
1 Bath
|
1168 ft²
|
$1,495,000
2 Bed
1 Bath
1168 ft²
|
$1,275,000
-14.72%
02/08/2021
|
-
|
Ivana Tagliamonte
Compass
|
|
09/30/2019
|
Studio
|
1 Bath
|
599 ft²
|
$949,000
Studio
1 Bath
599 ft²
|
$825,000
-13.07%
06/05/2020
|
Ivana Tagliamonte
Compass
|
||
05/10/2019
|
2 Bed
|
2 Bath
|
1244 ft²
|
$1,595,000
2 Bed
2 Bath
1244 ft²
|
$1,687,500
+5.80%
02/05/2020
|
Mariko Decouto
Compass
|
||
04/08/2019
|
2 Bed
|
2 Bath
|
1145 ft²
|
$1,995,000
2 Bed
2 Bath
1145 ft²
|
$1,935,000
-3.01%
08/14/2019
|
Kyle Haas
Compass
|
||
11/06/2018
|
3 Bed
|
3 Bath
|
2048 ft²
|
$3,995,000
3 Bed
3 Bath
2048 ft²
|
$3,075,000
-23.03%
09/25/2020
|
-
|
Ivana Tagliamonte
Compass
|
|
10/05/2018
|
1 Bed
|
1 Bath
|
708 ft²
|
$1,050,000
1 Bed
1 Bath
708 ft²
|
$1,030,000
-1.90%
11/29/2018
|
Summer Zimberg
Corcoran Group
|
||
04/10/2018
|
2 Bed
|
1 Bath
|
1200 ft²
|
$1,695,000
2 Bed
1 Bath
1200 ft²
|
$1,560,000
-7.96%
09/21/2018
|
Benjamin Dixon
Douglas Elliman Real Estate
|
||
10/20/2017
|
1 Bed
|
1 Bath
|
898 ft²
|
$1,395,000
1 Bed
1 Bath
898 ft²
|
$1,350,000
-3.23%
01/03/2018
|
Sofia Dmitriyeva
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
05/16/2017
|
2 Bed
|
1.5 Bath
|
1054 ft²
|
$1,975,000
2 Bed
1.5 Bath
1054 ft²
|
-
-
|
-
|
Rutherford Plac Sales Center
Cantor & Pecorella Inc
|
|
07/13/2017
|
2 Bed
|
2 Bath
|
1432 ft²
|
$2,549,000
2 Bed
2 Bath
1432 ft²
|
$2,295,000
-9.96%
02/23/2018
|
Sascha Beicken
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
06/16/2017
|
2 Bed
|
1 Bath
|
1154 ft²
|
$1,695,000
2 Bed
1 Bath
1154 ft²
|
-
-
|
-
|
Gabriella Winter
Corcoran Group
|
|
05/16/2017
|
2 Bed
|
2 Bath
|
1277 ft²
|
$1,895,000
2 Bed
2 Bath
1277 ft²
|
$1,878,670
-0.86%
08/17/2017
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
04/11/2017
|
1 Bed
|
1 Bath
|
-
|
$1,350,000
1 Bed
1 Bath
|
-
-
|
-
|
Jeffrey A. Silverstein
Prudential Douglas Elliman Real Estate
|
|
04/06/2017
|
2 Bed
|
1 Bath
|
1081 ft²
|
$1,850,000
2 Bed
1 Bath
1081 ft²
|
-
-
|
-
|
Ben Haymes
Brown Harris Stevens Residential Sales LLC
|
|
03/31/2017
|
1 Bed
|
1 Bath
|
898 ft²
|
$1,450,000
1 Bed
1 Bath
898 ft²
|
$1,310,000
-9.66%
02/08/2018
|
Kyle Haas
Compass
|
||
03/31/2017
|
2 Bed
|
2 Bath
|
1078 ft²
|
$1,895,000
2 Bed
2 Bath
1078 ft²
|
$1,830,000
-3.43%
08/24/2017
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
02/01/2017
|
1 Bed
|
1 Bath
|
1005 ft²
|
$1,549,000
1 Bed
1 Bath
1005 ft²
|
$1,540,000
-0.58%
02/05/2021
|
-
|
Sebastian Oppenheim
CORE Group Marketing, LLC
|
|
10/19/2016
|
2 Bed
|
2 Bath
|
1529 ft²
|
$2,295,000
2 Bed
2 Bath
1529 ft²
|
$2,163,780
-5.72%
06/14/2017
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
10/18/2016
|
2 Bed
|
2 Bath
|
1630 ft²
|
-
2 Bed
2 Bath
1630 ft²
|
-
-
|
-
|
Amanda Young
Compass
|
|
10/18/2016
|
1 Bed
|
2 Bath
|
1558 ft²
|
$1,888,000
1 Bed
2 Bath
1558 ft²
|
-
-
|
-
|
Julie Owen
Douglas Elliman Real Estate
|
|
09/30/2016
|
2 Bed
|
2 Bath
|
1260 ft²
|
$2,000,000
2 Bed
2 Bath
1260 ft²
|
$1,630,000
-18.50%
05/05/2017
|
Danielle Wiedemann
Sothebys International Realty
|
||
09/16/2016
|
2 Bed
|
2 Bath
|
1451 ft²
|
$2,295,000
2 Bed
2 Bath
1451 ft²
|
$2,275,000
-0.87%
01/04/2017
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
06/03/2016
|
Studio
|
1 Bath
|
611 ft²
|
$975,000
Studio
1 Bath
611 ft²
|
-
-
|
-
|
Cindy Gise
Prudential Douglas Elliman Real Estate
|
|
05/06/2016
|
1 Bed
|
1 Bath
|
1112 ft²
|
$1,645,000
1 Bed
1 Bath
1112 ft²
|
$1,645,000
07/12/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
04/25/2016
|
1 Bed
|
1 Bath
|
1168 ft²
|
$1,590,000
1 Bed
1 Bath
1168 ft²
|
-
-
|
-
|
Gabriella Winter
Corcoran Group
|
|
04/19/2016
|
1 Bed
|
1 Bath
|
1005 ft²
|
$1,720,000
1 Bed
1 Bath
1005 ft²
|
-
04/19/2017
|
- Private -
|
Jeanne Tuhonon Some
Urban Living
|
|
04/18/2016
|
1 Bed
|
1 Bath
|
823 ft²
|
$1,195,000
1 Bed
1 Bath
823 ft²
|
$1,216,810
+1.83%
08/16/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
04/12/2016
|
1 Bed
|
1 Bath
|
1050 ft²
|
$1,600,000
1 Bed
1 Bath
1050 ft²
|
$1,535,000
-4.06%
09/29/2016
|
Yehiel Tirosh
Douglas Elliman Real Estate
|
||
02/27/2016
|
1 Bed
|
2 Bath
|
1141 ft²
|
$1,552,831
1 Bed
2 Bath
1141 ft²
|
$1,552,830
0.00%
06/01/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
12/09/2015
|
2 Bed
|
2 Bath
|
1297 ft²
|
$1,949,949
2 Bed
2 Bath
1297 ft²
|
$1,949,950
+0.00%
04/15/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
11/06/2015
|
2 Bed
|
2 Bath
|
1326 ft²
|
$2,015,000
2 Bed
2 Bath
1326 ft²
|
$2,015,000
05/04/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
10/13/2015
|
Studio
|
1 Bath
|
619 ft²
|
$899,000
Studio
1 Bath
619 ft²
|
$720,000
-19.91%
04/22/2016
|
-
|
Meris Blumstein
The Corcoran Group
|
|
08/07/2015
|
1 Bed
|
1 Bath
|
1105 ft²
|
$1,425,550
1 Bed
1 Bath
1105 ft²
|
$1,425,550
11/25/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
08/03/2015
|
1 Bed
|
2 Bath
|
1224 ft²
|
$1,675,000
1 Bed
2 Bath
1224 ft²
|
$1,680,110
+0.31%
02/01/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
06/19/2015
|
2 Bed
|
2 Bath
|
1145 ft²
|
$1,795,000
2 Bed
2 Bath
1145 ft²
|
$1,765,970
-1.62%
01/04/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
06/08/2015
|
2 Bed
|
2 Bath
|
1633 ft²
|
$2,895,000
2 Bed
2 Bath
1633 ft²
|
$2,800,000
-3.28%
01/04/2016
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
05/26/2015
|
1 Bed
|
2 Bath
|
1283 ft²
|
$1,781,938
1 Bed
2 Bath
1283 ft²
|
$1,781,940
+0.00%
07/16/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
04/25/2015
|
2 Bed
|
1 Bath
|
1070 ft²
|
$1,695,000
2 Bed
1 Bath
1070 ft²
|
-
-
|
-
|
Stuart Delott
Corcoran Group
|
|
04/10/2015
|
2 Bed
|
2 Bath
|
1258 ft²
|
$1,995,200
2 Bed
2 Bath
1258 ft²
|
$2,013,200
+0.90%
05/26/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
04/10/2015
|
2 Bed
|
1 Bath
|
1258 ft²
|
$1,850,000
2 Bed
1 Bath
1258 ft²
|
$1,883,760
+1.82%
06/12/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
03/10/2015
|
1 Bed
|
2 Bath
|
1217 ft²
|
$1,695,000
1 Bed
2 Bath
1217 ft²
|
$1,680,110
-0.88%
06/04/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
02/23/2015
|
2 Bed
|
2 Bath
|
1166 ft²
|
$1,675,000
2 Bed
2 Bath
1166 ft²
|
$1,800,000
+7.46%
06/17/2015
|
Sofia Dmitriyeva
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
02/13/2015
|
1 Bed
|
1 Bath
|
1043 ft²
|
$1,608,835
1 Bed
1 Bath
1043 ft²
|
$1,608,840
+0.00%
07/07/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
02/13/2015
|
2 Bed
|
1 Bath
|
1074 ft²
|
$1,695,000
2 Bed
1 Bath
1074 ft²
|
$1,669,930
-1.48%
05/18/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
01/29/2015
|
1 Bed
|
2 Bath
|
1208 ft²
|
$1,595,000
1 Bed
2 Bath
1208 ft²
|
$1,624,110
+1.83%
05/11/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
01/28/2015
|
1 Bed
|
1 Bath
|
-
|
$1,395,000
1 Bed
1 Bath
|
-
-
|
-
|
Jeffrey A. Silverstein
Prudential Douglas Elliman Real Estate
|
|
01/16/2015
|
2 Bed
|
2 Bath
|
1962 ft²
|
$2,795,000
2 Bed
2 Bath
1962 ft²
|
$2,846,010
+1.83%
03/16/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
01/07/2015
|
1 Bed
|
1 Bath
|
860 ft²
|
$1,150,000
1 Bed
1 Bath
860 ft²
|
$1,170,990
+1.83%
03/30/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
01/07/2015
|
2 Bed
|
1 Bath
|
1158 ft²
|
$1,695,000
2 Bed
1 Bath
1158 ft²
|
$1,725,930
+1.82%
03/30/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
01/07/2015
|
2 Bed
|
2 Bath
|
1324 ft²
|
$1,995,000
2 Bed
2 Bath
1324 ft²
|
$2,031,410
+1.83%
04/20/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
12/03/2014
|
2 Bed
|
2 Bath
|
1887 ft²
|
$2,895,000
2 Bed
2 Bath
1887 ft²
|
$2,947,830
+1.82%
05/22/2015
|
Rutherford Plac Sales Center
Cantor-Pecorella
|
||
09/26/2014
|
1 Bed
|
1 Bath
|
1226 ft²
|
$1,450,000
1 Bed
1 Bath
|