324 E 30th Street #1
About This Property
Located in a charming co-op townhouse in the vibrant center of Kips Bay, this enchanting first floor apartment offers a rare blend of convenience, character and coveted private outdoor space. Featuring its own private entrance, this versatile property presents an exciting opportunity to purchase your ideal home or have an efficient live/work setup. The apartment's notable features include soaring 11.3 floor ceilings, two fireplaces, stunning hammered tin ceilings, beautiful hardwood floors, exposed brick walls and access to one's own large private garden!
The spacious, adaptable layout can be tailored to meet your needs. Currently configured as an office, it effortlessly converts into a wonderful home. Up the stairs with exposed brick walls, one enters a welcoming entry hallway currently used as a reception area. The wall separating the reception area from the living room can be left intact or taken down, creating an even larger living room with a fireplace. Off the hall is a well appointed kitchen and powder room. At the other end of the apartment is a large, south-facing room with a large walk-in closet and ensuite bathroom that would make a fabulous bedroom overlooking your own private garden -- perfect for entertaining or quiet enjoyment.
This unique residence offers unmatched convenience, just minutes from neighborhood staples like Fairway Market, AMC Loews Kips Bay, NYU Medical Center, and an abundance of dining options, shopping, and transportation.
Whether seeking a distinctive home, a live/work opportunity, or a savvy investment in a sought-after neighborhood, this apartment offers endless potential to make it uniquely yours.
The co-op owns a professional office in the building which, when rented out, will substantially reduce the amount of monthly maintenance payment. There is no building mortgage or upcoming assessments. 80% financing is permitted.
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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 |
---|---|---|---|
Feb 10, 2025 | Listed by Compass | $1,100,000 | |
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 |
---|---|---|---|---|---|---|---|---|
12/10/2015
|
1 Bed
|
1 Bath
|
-
|
$400,000
1 Bed
1 Bath
|
$415,000
+3.75%
04/18/2016
|
Joshua Rubin
Douglas Elliman Real Estate
|
Building Info
- 5 Units
- 2 Units for Sale
