353 E 104th Street #6A
About This Property
The building features an attended lobby with refrigerated storage, private tenant storage, and a secure bike room for added convenience.
Observatory Place is an intimate condominium offering top-tier amenities including a fully equipped fitness center, a landscaped rooftop garden, locked bike storage, part-time doorman service, cold storage, and an on-site superintendent.
Ideally situated near shops, markets, and just a short walk to the Q and 6 subway lines, this home offers the perfect blend of comfort, convenience, and style.
Listed By
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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%.
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 |
---|---|---|---|
Jun 13, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
Price Decreased | |||
May 16, 2025 | Price Decreased |
$700,000
↓ $15K
(2.1%) | |
Price Decreased | |||
Apr 22, 2025 | Listed by R New York | $715,000 | |
Listed by R New York |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/31/2025
| |
2 Bed
|
1 Bath
|
1000 ft²
|
$735,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Melissa Solin
Yaffa Realty LLC
|
05/14/2023
|
1 Bed
|
1 Bath
|
-
|
$395,000
1 Bed
1 Bath
|
$395,000
09/05/2023
|
-
|
Rafael Barbosa
Serhant LLC
| |
02/28/2023
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$550,000
-4.35%
08/12/2023
|
-
|
Rafael Barbosa
Serhant LLC
| |
11/02/2022
|
1 Bed
|
1 Bath
|
498 ft²
|
$398,000
1 Bed
1 Bath
498 ft²
|
$391,944
-1.52%
01/20/2023
|
-
|
James Brettholz
Bond New York Properties LLC
| |
05/03/2022
|
1 Bed
|
1 Bath
|
498 ft²
|
$415,000
1 Bed
1 Bath
498 ft²
|
-
-
|
-
|
Siu Lun Tang
Exit Realty Best
| |
01/15/2022
|
1 Bed
|
1 Bath
|
818 ft²
|
$650,000
1 Bed
1 Bath
818 ft²
|
$540,000
-16.92%
07/28/2022
|
-
|
Small White-
Compass
| |
04/29/2021
|
2 Bed
|
1 Bath
|
700 ft²
|
$650,000
2 Bed
1 Bath
700 ft²
|
$565,000
-13.08%
08/29/2021
|
-
|
Rafael Barbosa
Serhant LLC
| |
09/15/2020
|
2 Bed
|
2 Bath
|
1245 ft²
|
$895,000
2 Bed
2 Bath
1245 ft²
|
-
-
|
-
|
Nadav Gutman
Hecht Group Corp.
| |
09/01/2020
|
2 Bed
|
2 Bath
|
-
|
$730,000
2 Bed
2 Bath
|
$730,000
01/20/2022
|
-
|
Abra Nowitz
Corcoran Group
| |
03/04/2020
|
2 Bed
|
1 Bath
|
877 ft²
|
$795,000
2 Bed
1 Bath
877 ft²
|
$625,000
-21.38%
11/05/2020
|
-
|
Nadeem Kazi
Compass
| |
01/04/2020
|
2 Bed
|
1 Bath
|
-
|
$769,000
2 Bed
1 Bath
|
$640,000
-16.78%
05/18/2021
|
-
|
Abra Nowitz
Corcoran Group
| |
06/19/2019
|
2 Bed
|
2 Bath
|
1245 ft²
|
$895,000
2 Bed
2 Bath
1245 ft²
|
-
-
|
-
|
Nadav Gutman
Hecht Group Corp.
| |
08/01/2018
|
2 Bed
|
1 Bath
|
-
|
$645,000
2 Bed
1 Bath
|
$665,000
+3.10%
03/11/2019
|
-
|
Jennifer Saavedra
Corcoran Group
| |
05/30/2018
| |
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
05/07/2018
|
1 Bed
|
1 Bath
|
485 ft²
|
$549,900
1 Bed
1 Bath
485 ft²
|
$435,000
-20.89%
11/19/2018
|
-
|
Edmond Yoo
Corcoran Group
| |
07/29/2017
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
05/07/2017
|
1 Bed
|
1 Bath
|
614 ft²
|
$549,000
1 Bed
1 Bath
614 ft²
|
$549,000
02/05/2021
|
-
|
David Bucci
Compass
| |
03/15/2017
|
2 Bed
|
2 Bath
|
985 ft²
|
$975,000
2 Bed
2 Bath
985 ft²
|
$740,000
-24.10%
02/05/2021
|
-
|
David Bucci
Compass
| |
11/28/2016
|
3 Bed
|
2 Bath
|
1397 ft²
|
$1,375,000
3 Bed
2 Bath
1397 ft²
|
$1,375,000
02/05/2021
|
-
|
David Bucci
Compass
| |
04/04/2016
|
1 Bed
|
1 Bath
|
695 ft²
|
$627,500
1 Bed
1 Bath
695 ft²
|
$627,500
02/05/2021
|
-
|
David Bucci
Compass
| |
02/23/2016
|
Studio
|
1 Bath
|
485 ft²
|
$495,000
Studio
1 Bath
485 ft²
|
$485,000
-2.02%
02/05/2021
|
-
|
David Bucci
Compass
| |
11/05/2015
|
2 Bed
|
2 Bath
|
1072 ft²
|
$850,000
2 Bed
2 Bath
1072 ft²
|
$830,000
-2.35%
02/05/2021
|
-
|
Jason Lanyard
Elliman
| |
04/23/2015
|
2 Bed
|
2 Bath
|
1131 ft²
|
$879,000
2 Bed
2 Bath
1131 ft²
|
$870,000
-1.02%
11/12/2015
|
-
|
Steven Halpern
Compass
| |
02/02/2015
|
Studio
|
1 Bath
|
553 ft²
|
$499,000
Studio
1 Bath
553 ft²
|
$471,350
-5.54%
07/28/2015
|
-
|
Frank Seegitz
Prudential Douglas Elliman Real Estate
| |
02/02/2015
|
2 Bed
|
2 Bath
|
1131 ft²
|
$899,000
2 Bed
2 Bath
1131 ft²
|
$899,000
02/05/2021
|
-
|
Steven Halpern
Compass
| |
07/07/2014
|
Studio
|
1 Bath
|
425 ft²
|
$370,000
Studio
1 Bath
425 ft²
|
-
-
|
-
|
Terry di
Citi Habitats
| |
06/02/2014
|
Studio
|
1 Bath
|
550 ft²
|
$500,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Frank Seegitz
Prudential Douglas Elliman Real Estate
| |
02/25/2014
|
1 Bed
|
1 Bath
|
614 ft²
|
$530,000
1 Bed
1 Bath
614 ft²
|
$530,000
09/09/2014
|
-
|
Ariel Tavivian
Elliman
| |
08/21/2013
|
2 Bed
|
2 Bath
|
985 ft²
|
$672,500
2 Bed
2 Bath
985 ft²
|
-
-
|
-
|
Nadav Gutman
Hecht Group Corp.
| |
08/12/2013
|
1 Bed
|
1 Bath
|
614 ft²
|
$499,000
1 Bed
1 Bath
614 ft²
|
-
-
|
-
|
Ariel Tavivian
Elliman
| |
03/17/2013
|
2 Bed
|
2 Bath
|
985 ft²
|
$740,000
2 Bed
2 Bath
985 ft²
|
$740,000
12/31/2013
|
-
|
Eran Elyof
Keller Williams NYC
| |
01/02/2013
|
2 Bed
|
2 Bath
|
1090 ft²
|
$695,000
2 Bed
2 Bath
1090 ft²
|
$675,000
-2.88%
02/05/2021
|
-
|
Magda P.
Douglas Elliman Real Estate
| |
10/10/2012
|
1 Bed
|
1 Bath
|
-
|
$493,000
1 Bed
1 Bath
|
-
-
|
-
|
DANIEL FARRIS
Brown Harris Stevens Residential Sales LLC
| |
09/27/2012
|
1 Bed
|
1 Bath
|
605 ft²
|
$399,000
1 Bed
1 Bath
605 ft²
|
$397,000
-0.50%
05/31/2013
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
09/27/2012
|
1 Bed
|
1 Bath
|
605 ft²
|
$429,500
1 Bed
1 Bath
605 ft²
|
$417,500
-2.79%
08/23/2013
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
08/21/2012
|
2 Bed
|
2 Bath
|
985 ft²
|
$759,000
2 Bed
2 Bath
985 ft²
|
$755,000
-0.53%
01/08/2013
|
-
|
Elaine Schweninger
Corcoran Group
| |
08/22/2012
|
2 Bed
|
2 Bath
|
1072 ft²
|
$695,000
2 Bed
2 Bath
1072 ft²
|
$675,000
-2.88%
12/03/2013
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
08/21/2012
|
1 Bed
|
1 Bath
|
865 ft²
|
$550,000
1 Bed
1 Bath
865 ft²
|
$550,000
01/08/2013
|
-
|
Elaine Schweninger
Corcoran Group
| |
07/02/2012
|
2 Bed
|
2 Bath
|
985 ft²
|
$750,000
2 Bed
2 Bath
985 ft²
|
$740,000
-1.33%
03/13/2013
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
06/28/2012
|
2 Bed
|
2 Bath
|
1090 ft²
|
$595,000
2 Bed
2 Bath
1090 ft²
|
$600,000
+0.84%
10/05/2012
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
02/01/2012
|
3 Bed
|
3 Bath
|
1850 ft²
|
$1,275,000
3 Bed
3 Bath
1850 ft²
|
-
-
|
-
|
Elaine Schweninger
Corcoran Group
| |
01/17/2012
|
2 Bed
|
2 Bath
|
1131 ft²
|
$680,000
2 Bed
2 Bath
1131 ft²
|
$672,500
-1.10%
06/19/2013
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
01/17/2012
|
2 Bed
|
2 Bath
|
1131 ft²
|
$655,000
2 Bed
2 Bath
1131 ft²
|
$640,000
-2.29%
09/20/2012
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
11/21/2011
|
2 Bed
|
2 Bath
|
1072 ft²
|
$677,000
2 Bed
2 Bath
1072 ft²
|
$667,000
-1.48%
08/01/2012
|
-
|
Elaine Schweninger
Corcoran Group
| |
10/15/2011
|
2 Bed
|
2 Bath
|
1131 ft²
|
$599,000
2 Bed
2 Bath
1131 ft²
|
$590,000
-1.50%
06/26/2012
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
09/27/2011
|
1 Bed
|
1 Bath
|
605 ft²
|
$425,000
1 Bed
1 Bath
605 ft²
|
$390,000
-8.24%
05/09/2012
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
09/09/2011
|
Studio
|
1 Bath
|
425 ft²
|
$295,000
Studio
1 Bath
425 ft²
|
$275,000
-6.78%
05/09/2012
|
-
|
Lee Moudiyne-Schweninger
Corcoran Group
| |
08/16/2011
|
1 Bed
|
1 Bath
|
865 ft²
|
$535,000
1 Bed
1 Bath
865 ft²
|
$522,500
-2.34%
01/08/2013
|
-
|
Elaine Schweninger
Corcoran Group
| |
08/16/2011
|
1 Bed
|
1 Bath
|
820 ft²
|
$498,000
1 Bed
1 Bath
820 ft²
|
$485,000
-2.61%
01/08/2013
|
-
|
Elaine Schweninger
Corcoran Group
| |
08/16/2011
|
2 Bed
|
2 Bath
|
985 ft²
|
$750,000
2 Bed
2 Bath
985 ft²
|
$740,000
-1.33%
01/08/2013
|
-
|
Elaine Schweninger
Corcoran Group
|
Building Info
- 42 Units
- 3 Units for Sale
