345 E 50th Street #3E
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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 |
---|---|---|---|
Mar 12, 2024 | Temporarily off market | - | |
Temporarily off market | |||
Nov 27, 2023 | Listed by Oxford Property Group USA | $1,450,000 | |
Listed by Oxford Property Group USA | |||
| |||
Amazing one bedroom condominium nestled in midtown east close to
land mark United Nations International Building. This unique unit
boasts: modern elevator that opens right into the unit, spacious
open concept layout with gleaming 4" wide plank hardwood floors
throughout, master suite, powder room, eat in kitchen with center
island with all stainless steel appliances, designer cabinetry with
granite counter tops, recessed lighting & pendants over dining
area, HVAC, washer & dryer…
| |||
Aug 28, 2012 | Sold | $1,302,750 | |
Sold | |||
Sep 22, 2020 | No longer available | - | |
No longer available | |||
Sep 17, 2020 | Sold to Kuchentante Inc | $1,290,000 | |
Sold to Kuchentante Inc |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/08/2024
|
2 Bed
|
2 Bath
|
1475 ft²
|
$1,895,000
2 Bed
2 Bath
1475 ft²
|
$1,675,000
-11.61%
09/23/2024
|
-
|
Helen Monti
The Corcoran Group
| |
11/27/2023
|
1 Bed
|
2 Bath
|
-
|
$1,450,000
1 Bed
2 Bath
|
-
-
|
-
|
Paul Fajardo
Oxford Property Group USA
| |
09/18/2023
|
1 Bed
|
2 Bath
|
1328 ft²
|
$1,250,000
1 Bed
2 Bath
1328 ft²
|
$1,050,000
-16.00%
04/05/2024
|
-
|
The Eileen Foy Team
Elliman
| |
04/14/2022
|
1 Bed
|
2 Bath
|
-
|
$1,350,000
1 Bed
2 Bath
|
$1,350,000
09/07/2022
|
-
|
Ronita Kalra
Compass
| |
03/15/2022
|
1 Bed
|
2 Bath
|
1212 ft²
|
$1,250,000
1 Bed
2 Bath
1212 ft²
|
$1,150,000
-8.00%
09/04/2022
|
-
|
Keith Burkhardt
The Burkhardt Group LLC
| |
11/15/2021
|
2 Bed
|
2 Bath
|
1713 ft²
|
$2,195,000
2 Bed
2 Bath
1713 ft²
|
$1,662,500
-24.26%
05/10/2022
|
-
|
Miriam Richards
Compass
| |
06/23/2020
|
1 Bed
|
2 Bath
|
1232 ft²
|
$1,375,000
1 Bed
2 Bath
1232 ft²
|
$1,290,000
-6.18%
09/17/2020
|
-
|
Lisa Margulis
The Corcoran Group
| |
12/18/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,380,000
2 Bed
2 Bath
1350 ft²
|
$1,195,000
-13.41%
11/24/2020
|
-
|
Sarah Williams
Societerealestate
| |
10/16/2018
|
1 Bed
|
2 Bath
|
1379 ft²
|
$1,695,000
1 Bed
2 Bath
1379 ft²
|
$1,223,000
-27.85%
03/15/2019
|
-
|
Martin Eiden
The Corcoran Group
| |
12/03/2016
|
3 Bed
|
3 Bath
|
2877 ft²
|
$2,995,000
3 Bed
3 Bath
2877 ft²
|
-
-
|
-
|
Cherie Hinson
Sothebys International Realty
| |
06/09/2016
|
1 Bed
|
1.5 Bath
|
924 ft²
|
$1,195,000
1 Bed
1.5 Bath
924 ft²
|
-
-
|
-
|
Wendy J Sarasohn
The Corcoran Group
| |
06/01/2016
|
1 Bed
|
1.5 Bath
|
1212 ft²
|
$1,495,000
1 Bed
1.5 Bath
1212 ft²
|
-
-
|
-
|
Tamer Howard
Corcoran Group
| |
05/02/2016
|
3 Bed
|
2.5 Bath
|
1597 ft²
|
$3,995,000
3 Bed
2.5 Bath
1597 ft²
|
-
-
|
-
|
Adam Rothman
Prudential Douglas Elliman Real Estate
| |
08/31/2015
|
1 Bed
|
1.5 Bath
|
1379 ft²
|
$1,695,000
1 Bed
1.5 Bath
1379 ft²
|
-
-
|
-
|
Daniel Marrello
Compass
| |
06/06/2015
|
1 Bed
|
1.5 Bath
|
1245 ft²
|
$1,250,000
1 Bed
1.5 Bath
1245 ft²
|
$1,250,000
02/05/2021
|
-
|
Fiona M. Dumas
Elliman
| |
10/22/2014
|
2 Bed
|
2.5 Bath
|
1597 ft²
|
$4,875,000
2 Bed
2.5 Bath
1597 ft²
|
-
-
|
-
|
Adam Rothman
Prudential Douglas Elliman Real Estate
| |
03/04/2014
|
1 Bed
|
1.5 Bath
|
1328 ft²
|
$1,395,000
1 Bed
1.5 Bath
1328 ft²
|
$1,350,000
-3.23%
02/05/2021
|
-
|
Margaret Furniss
Compass
| |
02/20/2014
|
2 Bed
|
2 Bath
|
1475 ft²
|
$1,800,000
2 Bed
2 Bath
1475 ft²
|
$1,800,000
02/05/2021
|
-
|
Ray Asis
City Connections Realty Inc
| |
02/11/2014
|
3 Bed
|
3 Bath
|
2877 ft²
|
$2,900,000
3 Bed
3 Bath
2877 ft²
|
$2,750,000
-5.17%
02/03/2014
|
-
|
Carrie Chiang
The Corcoran Group
| |
09/21/2013
|
1 Bed
|
1 Bath
|
-
|
$985,000
1 Bed
1 Bath
|
-
-
|
-
|
Denise Thomopoulos
Town Fifth Avenue LLC
| |
09/21/2013
|
2 Bed
|
2 Bath
|
1785 ft²
|
$2,125,000
2 Bed
2 Bath
1785 ft²
|
-
-
|
-
|
Jaqueline Teplitzky
Prudential Douglas Elliman Real Estate
| |
07/11/2013
|
3 Bed
|
3 Bath
|
-
|
$3,675,000
3 Bed
3 Bath
|
-
-
|
-
|
Toby M.
Brown Harris Stevens Residential Sales LLC
| |
05/09/2013
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,750,000
2 Bed
2 Bath
1337 ft²
|
$1,750,000
07/14/2014
|
-
|
Adam Rothman
Prudential Douglas Elliman Real Estate
| |
02/26/2013
|
2 Bed
|
3 Bath
|
1597 ft²
|
$3,800,000
2 Bed
3 Bath
1597 ft²
|
$3,800,000
11/22/2013
|
-
|
Holly Parker
Prudential Douglas Elliman Real Estate
| |
10/02/2012
|
1 Bed
|
1 Bath
|
-
|
$1,360,000
1 Bed
1 Bath
|
-
-
|
-
|
Margaret Bay
Brown Harris Stevens Residential Sales LLC
| |
02/23/2012
|
1 Bed
|
1 Bath
|
1232 ft²
|
$1,295,000
1 Bed
1 Bath
1232 ft²
|
$1,302,750
+0.60%
08/28/2012
|
-
|
Wendy Sarasohn
The Corcoran Group
| |
01/04/2012
|
2 Bed
|
2 Bath
|
1785 ft²
|
$1,695,000
2 Bed
2 Bath
1785 ft²
|
-
07/30/2012
|
-
|
Joy Handler
Compass
|
Building Info
- 23 Units
- 1 Unit for Sale