325 E 41st Street #601
About This Property
The apartment is south facing with a calming direct view of a large, beautiful tree. Light fills the living room and primary bedroom without being too bright. The rooms are spacious and thoughtfully upgraded. Details are simple and clean. The kitchen, beautifully designed, has a Wolf stove, Viking microwave & dishwasher, Miele refrigerator/freezer, granite countertops and stone floors. There is ample storage that includes built-in shelves for a wine collection.
Recessesed lighting with dimmers is throughout the apartment. The remote controlled air conditioners are through-the-wall, so the charm of original pane windows is unobstructed. Both the living room and bedroom are flat screen/cable installation ready with hidden cables and wall hardware. Bedroom closets are outfitted with organized storage. Both bathrooms are well done and the wood floors are in the excellent, refinished condition.
Pied a terres, parents purchasing, co--purchasing, and pets will be considered on a case-by-case basis. There is a 2% flip tax paid by the seller and no current or expected assessments. The Essex House has a 24-hour doorman and onsite superintendent. 5 Tudor City offers affordable gym membership for residents to their beautiful facility facing the water.
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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 |
---|---|---|---|
Jun 18, 2024 | Sold | $962,000 | |
Sold | |||
May 2, 2024 | In contract | - | |
In contract | |||
Feb 9, 2024 | Price Decreased |
$977,000
↓ $13K
(1.3%)
|
|
Price Decreased | |||
Nov 8, 2023 | Listed by Sothebys International Realty | $990,000 | |
Listed by Sothebys International Realty | |||
Jun 1, 2016 | Sold to Ken Lee, Susan Pak | $835,000 | |
Sold to Ken Lee, Susan Pak |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/08/2023
|
2 Bed
|
2 Bath
|
-
|
$990,000
2 Bed
2 Bath
|
$962,000
-2.83%
06/18/2024
|
-
|
Dana Williams
Sotheby's International Realty, Inc.
|
|
10/19/2023
|
2 Bed
|
2 Bath
|
-
|
$980,000
2 Bed
2 Bath
|
$962,500
-1.79%
03/08/2024
|
Leslie Lalehzar
Sothebys International Realty
|
||
04/14/2023
|
2 Bed
|
2 Bath
|
-
|
$715,000
2 Bed
2 Bath
|
$695,000
-2.80%
11/15/2023
|
Natalie Eisen
Corcoran Group
|
||
04/11/2023
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
$535,000
-8.55%
08/23/2023
|
Brendan Yu
Compass
|
||
04/12/2022
|
Studio
|
1 Bath
|
350 ft²
|
$370,000
Studio
1 Bath
350 ft²
|
$320,000
-13.51%
09/28/2023
|
-
|
Susan Galligan
The Corcoran Group
|
|
02/10/2022
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
$585,000
08/18/2022
|
Danielle Stout
Compass
|
||
10/01/2021
|
Studio
|
1 Bath
|
-
|
$325,000
Studio
1 Bath
|
$325,000
03/25/2022
|
Marcelle Cohen
Sothebys International Realty
|
||
09/07/2021
|
1 Bed
|
1 Bath
|
-
|
$469,000
1 Bed
1 Bath
|
$460,000
-1.92%
02/09/2022
|
Dillon Knop
Compass
|
||
05/18/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$995,000
2 Bed
2 Bath
1100 ft²
|
$955,000
-4.02%
11/19/2021
|
Daniel Blatman
The Agency Brokerage
|
||
03/29/2021
|
2 Bed
|
2 Bath
|
-
|
$850,021
2 Bed
2 Bath
|
$850,000
0.00%
06/03/2021
|
Lia Martynova
Century 21 Marciano
|
||
03/04/2021
|
3 Bed
|
3 Bath
|
-
|
$1,095,000
3 Bed
3 Bath
|
$1,095,000
06/22/2021
|
-
|
Brian Lewis
Halstead Property, LLC
|
|
11/03/2020
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$535,000
-2.73%
02/19/2021
|
Mary Roth
Compass
|
||
09/02/2020
|
2 Bed
|
2 Bath
|
1150 ft²
|
$925,000
2 Bed
2 Bath
1150 ft²
|
$860,000
-7.03%
01/14/2021
|
Thomas DiDomenico
Compass
|
||
08/08/2019
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
$560,000
-4.27%
12/04/2019
|
Susan Galligan
Corcoran Group
|
||
07/17/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$829,000
2 Bed
2 Bath
1100 ft²
|
$750,000
-9.53%
03/09/2020
|
Karen Dowden
FirstService Residential New York Inc
|
||
12/17/2018
|
2 Bed
|
2 Bath
|
-
|
$965,000
2 Bed
2 Bath
|
$850,000
-11.92%
10/17/2019
|
Wayne Burkey
Sothebys International Realty
|
||
10/04/2018
|
Studio
|
1 Bath
|
-
|
$299,000
Studio
1 Bath
|
$290,000
-3.01%
02/26/2019
|
Brian K. Lewis
Compass
|
||
10/04/2018
|
2 Bed
|
2 Bath
|
-
|
$1,590,000
2 Bed
2 Bath
|
$1,650,000
+3.77%
01/30/2019
|
-
|
Brian Lewis
Halstead Property, LLC
|
|
03/01/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$990,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Chris Zhou
Mont Sky Real Estate LLC
|
|
11/02/2017
|
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
-
|
|
07/11/2017
|
2 Bed
|
2 Bath
|
-
|
$1,032,800
2 Bed
2 Bath
|
-
-
|
-
|
-
|
|
05/01/2017
|
Studio
|
1 Bath
|
350 ft²
|
$375,000
Studio
1 Bath
350 ft²
|
$370,000
-1.33%
07/11/2017
|
Michael Meier
Meier Real Estate
|
||
04/20/2017
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$559,000
+1.82%
08/08/2017
|
Waylon Jacques
Elliman
|
||
03/15/2017
|
2 Bed
|
1.5 Bath
|
-
|
$839,000
2 Bed
1.5 Bath
|
$875,000
+4.29%
07/20/2017
|
Karen Dowden
Tudor Realty Services Corp.
|
||
10/13/2016
|
2 Bed
|
2 Bath
|
1000 ft²
|
$925,000
2 Bed
2 Bath
1000 ft²
|
$925,000
02/15/2017
|
Steven Gold
Town Residential
|
||
07/01/2016
|
Studio
|
1 Bath
|
350 ft²
|
$349,000
Studio
1 Bath
350 ft²
|
$349,000
10/24/2016
|
Joel Dommel
Compass
|
||
05/25/2016
|
2 Bed
|
2 Bath
|
1000 ft²
|
$825,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
|
|
02/03/2016
|
2 Bed
|
2 Bath
|
1100 ft²
|
$839,000
2 Bed
2 Bath
1100 ft²
|
$835,000
-0.48%
06/01/2016
|
Steven Corcoran
Steven Corcoran Real Estate LLC
|
||
11/20/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$840,000
2 Bed
2 Bath
1000 ft²
|
$840,000
04/20/2016
|
THOMAS DIDOMENICO
Compass
|
||
09/10/2015
|
1 Bed
|
1 Bath
|
-
|
$559,000
1 Bed
1 Bath
|
$532,000
-4.83%
01/14/2016
|
Karen Dowden
Tudor Realty Services Corp.
|
||
03/17/2015
|
2 Bed
|
2 Bath
|
-
|
$880,000
2 Bed
2 Bath
|
$880,000
07/08/2015
|
Cecilia Basbus
Citi Habitats, Inc.
|
||
03/10/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$850,000
2 Bed
2 Bath
1000 ft²
|
$850,000
06/30/2015
|
THOMAS DIDOMENICO
Compass
|
||
11/04/2014
|
3 Bed
|
3 Bath
|
-
|
$1,770,000
3 Bed
3 Bath
|
$1,600,000
-9.60%
06/02/2015
|
Jaclyn Neustein
Brown Harris Stevens Residential Sales LLC
|
||
10/20/2014
|
2 Bed
|
2 Bath
|
1100 ft²
|
$819,000
2 Bed
2 Bath
1100 ft²
|
$819,000
03/10/2015
|
THOMAS DIDOMENICO
Compass
|
||
10/06/2014
|
4 Bed
|
3 Bath
|
-
|
$2,350,000
4 Bed
3 Bath
|
$2,350,000
06/09/2015
|
-
|
Justin Figari
The Corcoran Group
|
|
09/02/2014
|
2 Bed
|
2 Bath
|
-
|
$811,303
2 Bed
2 Bath
|
$811,303
12/16/2014
|
Sharri Kane
Brown Harris Stevens Residential Sales LLC
|
||
06/27/2014
|
2 Bed
|
1.5 Bath
|
1100 ft²
|
$700,000
2 Bed
1.5 Bath
1100 ft²
|
$725,000
+3.57%
08/20/2014
|
THOMAS DIDOMENICO
The Corcoran Group
|
||
04/24/2014
|
2 Bed
|
2 Bath
|
-
|
$769,000
2 Bed
2 Bath
|
$769,000
09/22/2014
|
Karen Dowden
Tudor Realty Services Corp.
|
||
03/19/2014
|
Studio
|
1 Bath
|
-
|
$320,000
Studio
1 Bath
|
$320,001
+0.00%
05/28/2014
|
Maggie Moore
CORE Group Marketing LLC
|
||
12/31/2013
|
Studio
|
1 Bath
|
-
|
$319,500
Studio
1 Bath
|
$322,000
+0.78%
04/16/2014
|
Ronald Webster
Tudor Realty Services Corp.
|
||
11/15/2013
|
1 Bed
|
1 Bath
|
-
|
$480,000
1 Bed
1 Bath
|
$465,000
-3.13%
12/18/2014
|
-
|
Rebecca Orbach
Compass
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$825,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
VERGARA FURTADO
Prudential Douglas Elliman Real Estate
|
|
11/28/2012
|
2 Bed
|
2 Bath
|
-
|
$685,000
2 Bed
2 Bath
|
$685,000
12/19/2012
|
Deborah Karol
Fox Residential Group Inc
|
||
02/14/2013
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$486,000
-1.82%
12/10/2013
|
Patricia Vance
Elliman
|
||
02/02/2013
|
3 Bed
|
3 Bath
|
-
|
$1,650,000
3 Bed
3 Bath
|
$1,639,150
-0.66%
08/15/2013
|
Julie Perlin
Stribling & Associates Ltd
|
||
10/02/2012
|
2 Bed
|
2 Bath
|
-
|
$640,000
2 Bed
2 Bath
|
-
01/25/2013
|
DANIEL FARRIS
Brown Harris Stevens Residential Sales LLC
|
||
09/20/2012
|
2 Bed
|
2 Bath
|
1100 ft²
|
$745,000
2 Bed
2 Bath
1100 ft²
|
-
01/08/2013
|
Jean Carol Nayar
Bond New York
|
||
02/10/2012
|
2 Bed
|
2 Bath
|
1100 ft²
|
$750,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Daniela Zakarya
Douglas Elliman Real Estate
|
Building Info
- 94 Units
- 3 Units for Sale