10
Map
348 W 48th Street #2W
About This Property
First showing begins 5/28, just after the Memorial Day weekend.The apartment needs some love so get ready to paint. The space is extraordinary! Don't wait and don't hesiitate for this find of a lifetime!
Please note that this property is a HDFC Cooperative with income restriction. The purchasers annual income may not exceed $66,000 / year and the property must be purchasers primary residence. The monthly maintenance is $700. month. Don't miss this Hell's kitchen darling.
Payment Calculator
Your Estimated Monthly Payment
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Sothebys International Realty | $350,000 | |
| Listed by Sothebys International Realty | |||
Property Highlights
348 W 48th Street #2W, Manhattan, NY, 10036
By submitting your information, you agree RealtyHop can share your information with its network of real estate & mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology) from Movoto or their affiliates to the email address or number you provided. By proceeding, you agree to our Terms of Service.
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/23/2024
|
1 Bed
|
1 Bath
|
-
|
$350,000
1 Bed
1 Bath
|
$450,000
+28.57%
09/09/2024
|
-
|
Robin L Rothman
Sothebys International Realty
| |
|
03/09/2022
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$545,000
-9.17%
10/19/2022
|
Jonathan D. Schulz
Corcoran Group
| ||
|
09/08/2015
|
1 Bed
|
1 Bath
|
-
|
$465,000
1 Bed
1 Bath
|
$465,000
04/26/2016
|
Constance Southwick
Corcoran Group
|
Building Info
About Midtown Manhattan
Similar Homes for Sale
Nearby Rentals
Listing Courtesy of Sothebys International Realty
Last Updated: 7 months ago
Last Checked: 1 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
