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347 W 44TH Street #4RW
About This Property
This bright and sunny true one-bedroom apartment offers a north-facing living room, a queen-sized bedroom, soaring 9'5" ceilings, sunken living room, and rich hardwood floors.
Perfectly situated in the heart of the theater district, 347 West 44th Street is a well-managed building with great amenities, including a live-in super, laundry facilities, and a charming common backyard. Additional storage is available for a fee. Pied- -terres, co-purchasing, and gifting are allowed, and pets are generally accepted with an interview. Monthly maintenance includes heat, hot water, cable, and Wi-Fi, and subletting is permitted after four years of ownership. The building also features a green recycling program.
There is currently a $278 assessment in place through November 2025.
Listed By
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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 |
---|---|---|---|
Jan 21, 2025 | Price Decreased |
$375,000
↓ $24K
(6%) | |
Price Decreased | |||
Nov 15, 2024 | Listed by Brown Harris Stevens Residential Sales LLC | $399,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/29/2022
|
1 Bed
|
1 Bath
|
-
|
$419,000
1 Bed
1 Bath
|
$380,000
-9.31%
05/04/2023
|
Jose Davila
Sothebys International Realty
| ||
01/14/2021
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
$390,000
-2.26%
07/09/2021
|
Donald Kemper
Douglas Elliman Real Estate
| ||
01/08/2020
|
1 Bed
|
1 Bath
|
-
|
$434,000
1 Bed
1 Bath
|
-
-
|
-
|
Laurence Cook
COOK LAURENCE
| |
04/18/2018
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
$430,000
-4.44%
11/13/2018
|
DONALD KEMPER
Douglas Elliman Real Estate
| ||
02/20/2018
|
1 Bed
|
1 Bath
|
-
|
$389,000
1 Bed
1 Bath
|
$377,500
-2.96%
11/20/2018
|
Chen Mishael
Corcoran Group
| ||
06/06/2017
|
1 Bed
|
1 Bath
|
-
|
$385,000
1 Bed
1 Bath
|
$385,000
10/06/2017
|
DONALD KEMPER
Douglas Elliman Real Estate
| ||
10/03/2016
|
1 Bed
|
1 Bath
|
-
|
$389,000
1 Bed
1 Bath
|
$380,000
-2.31%
05/18/2017
|
DONALD KEMPER
Douglas Elliman Real Estate
| ||
09/22/2016
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
Building Info
- 22 Units
- 1 Unit for Sale
