328 Central Ave #1A
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| May 7, 2022 | In contract | - | |
| In contract | |||
| Mar 29, 2022 | Price Decreased |
$525,000
↓ $75K
(12.5%) | |
| Price Decreased | |||
| Mar 29, 2022 | Listed | $599,999 | |
| Listed | |||
| | |||
|
Oversized 1 Bedroom / 1.5 Bath Duplex inclusive of a rec space in the heart of Bushwick.
As soon as you walk into the apartment it feels more like a house then an apartment as you'll notice the staircase to your left, full bathroom and chefs kitchen in front of you and additional space for lounging and dining. The formal bedroom and closet is off the main living space.
Walk down the set of stairs, you'll truly feel as though you're traversing a townhome from one level to another where your in-unit laundry is located as well as a powder room. This floor is where the magic happens. Ample space for a desk under the staircase, as well as ample seating for living, and hanging.
In one of the most competitive real estate markets in over 15 years, you will be hard pressed to find a modern apartment with almost 900SF of space at this price point.
| |||
| Feb 11, 2022 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2024
|
1 Bed
|
1 Bath
|
567 ft²
|
$525,000
1 Bed
1 Bath
567 ft²
|
$475,000
-9.52%
03/25/2025
|
Catherine Krieger
NextStopNY Real Estate
| |
|
02/04/2024
|
1 Bed
|
1 Bath
|
567 ft²
|
$529,000
1 Bed
1 Bath
567 ft²
|
$495,000
-6.43%
08/09/2024
|
Kellee Buhler
Compass
| |
|
10/20/2021
|
1 Bed
|
1 Bath
|
881 ft²
|
$520,000
1 Bed
1 Bath
881 ft²
|
$520,000
06/27/2022
|
Andrew R Gordon
Compass
| |
|
11/29/2016
|
1 Bed
|
1 Bath
|
675 ft²
|
$499,000
1 Bed
1 Bath
675 ft²
|
$488,760
-2.05%
02/15/2017
|
Kasjan Bebenek
Citi Habitats, Inc.
| |
|
08/22/2016
|
1 Bed
|
1 Bath
|
675 ft²
|
$475,000
1 Bed
1 Bath
675 ft²
|
$468,975
-1.27%
03/01/2017
|
Sean Curneen
Citi Habitats, Inc.
| |
|
08/10/2016
|
1 Bed
|
1 Bath
|
881 ft²
|
$479,000
1 Bed
1 Bath
881 ft²
|
$458,212
-4.34%
01/17/2017
|
Kasjan Bebenek
Citi Habitats, Inc.
| |
|
07/08/2016
|
1 Bed
|
1 Bath
|
-
|
$440,000
1 Bed
1 Bath
|
$446,160
+1.40%
10/14/2016
|
Kasjan Bebenek
Citi Habitats, Inc.
| |
|
07/08/2016
|
1 Bed
|
1 Bath
|
567 ft²
|
$459,000
1 Bed
1 Bath
567 ft²
|
$465,426
+1.40%
09/28/2016
|
Kasjan Bebenek
Citi Habitats, Inc.
| |
|
05/23/2016
|
1 Bed
|
1 Bath
|
1196 ft²
|
$675,000
1 Bed
1 Bath
1196 ft²
|
$661,862
-1.95%
02/15/2017
|
Kasjan Bebenek
Citi Habitats, Inc.
| |
|
05/23/2016
|
1 Bed
|
1 Bath
|
675 ft²
|
$549,000
1 Bed
1 Bath
675 ft²
|
$559,019
+1.82%
12/07/2016
|
Sean Curneen
Citi Habitats, Inc.
| |
|
05/23/2016
|
1 Bed
|
1 Bath
|
-
|
$429,000
1 Bed
1 Bath
|
-
10/31/2016
|
Kasjan Bebenek
Citi Habitats, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017