
12
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315 E 12th Street #1B
About This Property
Featuring two spacious bedrooms adjacent to the main living area, both accommodating a king-sized bed, and a third bedroom equipped for a queen-sized bed, this home offers versatility and convenience. Each bedroom is complete with its own closet.
Additional features include an in-unit vented washer and dryer, CitiQuiet windows, Lutron lighting, and hardwood floors.
315 East 12th Street offers a welcoming community atmosphere with amenities such as a virtual doorman, a live-in resident manager, bike room and storage units, alongside a flexible sublet policy allowing unlimited subletting after one year of ownership. The building is pet-friendly and allows gifting, co-purchasing, parents buying for children, and foreign purchasers. Only two blocks from the L train and just minutes from Union Square and various transportation options, this prime location serves as a central hub for the surrounding neighborhoods.
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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 |
---|---|---|---|
Aug 22, 2024 | Sold | ||
Sold | |||
Jul 31, 2024 | In contract | - | |
In contract | |||
Jun 21, 2024 | Price Decreased |
$999,000
↓ $96K
(8.8%) | |
Price Decreased | |||
May 22, 2024 | Listed by Compass | $1,095,000 | |
Listed by Compass |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/10/2024
|
2 Bed
|
1 Bath
|
-
|
$895,000
2 Bed
1 Bath
|
$897,000
+0.22%
12/03/2024
|
-
|
Anique Christie-Wallace
Berkshire Hathaway HomeServices New York Properties
| |
05/22/2024
|
3 Bed
|
1 Bath
|
-
|
$1,095,000
3 Bed
1 Bath
|
$996,000
-9.04%
08/22/2024
|
-
|
Sophia Elghanayan
Compass
| |
02/27/2024
|
1 Bed
|
1 Bath
|
-
|
$945,000
1 Bed
1 Bath
|
$882,500
-6.61%
10/21/2024
|
-
|
Sophia Elghanayan
Compass
| |
08/01/2023
|
2 Bed
|
1 Bath
|
-
|
$899,000
2 Bed
1 Bath
|
$725,000
-19.35%
03/08/2024
|
-
|
Warner M Lewis
Brown Harris Stevens Residential Sales LLC
| |
04/18/2022
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$540,000
+2.86%
08/17/2022
|
-
|
Steven Halpern
Compass
| |
04/06/2022
|
1 Bed
|
1 Bath
|
-
|
$995,000
1 Bed
1 Bath
|
$970,000
-2.51%
07/21/2022
|
-
|
Sophia Elghanayan
Compass
| |
03/03/2022
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$500,000
-4.76%
02/15/2023
|
-
|
Donald Brown
Compass
| |
09/22/2021
|
2 Bed
|
1 Bath
|
-
|
$875,000
2 Bed
1 Bath
|
$850,000
-2.86%
03/22/2022
|
-
|
Meris Blumstein
The Corcoran Group
| |
03/24/2021
|
2 Bed
|
1 Bath
|
-
|
$829,000
2 Bed
1 Bath
|
$829,000
07/27/2021
|
-
|
Simona Stanica
Douglas Elliman Real Estate
| |
10/07/2020
|
1 Bed
|
1 Bath
|
-
|
$535,000
1 Bed
1 Bath
|
$499,000
-6.73%
07/16/2021
|
-
|
Miriam Richards
Compass
| |
10/28/2018
|
2 Bed
|
1 Bath
|
-
|
$750,000
2 Bed
1 Bath
|
$715,000
-4.67%
05/09/2019
|
-
|
janet brenner
Compass
| |
09/05/2018
|
2 Bed
|
1 Bath
|
-
|
$895,000
2 Bed
1 Bath
|
$850,000
-5.03%
02/06/2019
|
-
|
Jeremiah Doyle
Compass
| |
04/12/2018
|
2 Bed
|
1 Bath
|
-
|
$849,000
2 Bed
1 Bath
|
$849,000
06/18/2018
|
-
|
Michael Arkin
Coldwell Banker Warburg
| |
03/27/2017
|
2 Bed
|
1 Bath
|
-
|
$985,000
2 Bed
1 Bath
|
$1,117,000
+13.40%
07/11/2017
|
-
|
Frances Katzen
Douglas Elliman Real Estate
| |
03/01/2017
|
2 Bed
|
1 Bath
|
-
|
$795,000
2 Bed
1 Bath
|
$856,000
+7.67%
05/26/2017
|
-
|
Terry Naini
Brown Harris Stevens Residential Sales LLC
| |
12/19/2016
|
1 Bed
|
1 Bath
|
-
|
$535,000
1 Bed
1 Bath
|
$510,000
-4.67%
06/28/2017
|
-
|
Randolph H Green
Douglas Elliman Real Estate
| |
09/01/2016
|
2 Bed
|
1 Bath
|
-
|
$895,000
2 Bed
1 Bath
|
-
-
|
-
|
Olga Alexakos
Elliman
| |
06/28/2016
|
2 Bed
|
1 Bath
|
-
|
$695,000
2 Bed
1 Bath
|
$682,000
-1.87%
05/03/2019
|
-
|
Holly Hunt
The Corcoran Group
| |
03/23/2016
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$565,000
-1.74%
06/16/2016
|
-
|
Laura Denise Milkowski
Corcoran Group
| |
01/13/2016
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$515,000
02/05/2021
|
-
|
Michael Delaney
Brown Harris Stevens Residential Sales LLC
| |
07/12/2015
|
2 Bed
|
1 Bath
|
-
|
$899,000
2 Bed
1 Bath
|
$976,000
+8.57%
10/14/2015
|
-
|
Kristina Leonetti
Compass
| |
06/26/2015
|
2 Bed
|
1 Bath
|
-
|
$691,000
2 Bed
1 Bath
|
$720,000
+4.20%
02/05/2021
|
-
|
Rosy Klein
Qwest Residential Downtown LLC
| |
09/23/2014
|
2 Bed
|
1 Bath
|
-
|
$785,000
2 Bed
1 Bath
|
$785,000
11/21/2014
|
-
|
Craig Yoskowitz
Corcoran Group
| |
11/13/2013
|
2 Bed
|
1 Bath
|
750 ft²
|
$649,000
2 Bed
1 Bath
750 ft²
|
$605,000
-6.78%
06/03/2014
|
-
|
Beth Benalloul
The Corcoran Group
| |
04/03/2013
|
2 Bed
|
1 Bath
|
-
|
$650,000
2 Bed
1 Bath
|
$640,000
-1.54%
02/05/2021
|
-
|
Michael Delaney
Brown Harris Stevens Residential Sales LLC
| |
09/20/2012
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
-
-
|
-
|
Jon Varnedoe
Elliman
| |
04/10/2012
|
2 Bed
|
1 Bath
|
-
|
$675,000
2 Bed
1 Bath
|
$639,000
-5.33%
02/05/2021
|
-
|
Michael Delaney
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 36 Units
- 1 Unit for Sale
