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Map
357 4TH Street #3
About This Property
Inside this 1,278-square-foot flat, you're greeted by a sun-splashed, south-facing living/dining room where high ceilings with recessed lighting rise over a charming bay window and gleaming hardwood floors. The modern open kitchen elevates your culinary experience with sleek wood cabinetry, soapstone countertops and upscale stainless steel appliances, including a Sub-Zero refrigerator, Bosch cooktop and oven, Miele dishwasher and a built-in microwave. The long breakfast bar is perfect for casual dining and conversation under handsome pendant lighting, while the adjacent pantry provides plenty of storage.
Down the hallway, discover a spacious primary suite with a roomy closet and an en suite spa bathroom filled with a frameless glass shower, vanity and Kohler fixtures surrounded by natural limestone. The secondary bedroom enjoys a large double closet, and the guest bathroom is finished with a tub/shower. A convenient study is ideal as a home office, nursery or guest space. This home has been thoughtfully designed to deliver comfort and convenience with California Closets throughout, central air-conditioning, a vented in-unit washer-dryer and a private basement storage unit.
Converted in 2007, 357 4th Street is a boutique, pet-friendly four-unit building where residents enjoy video intercom entry, storage and low common charges that include all utilities except electricity. Located on a picture-perfect Park Slope block lined with brownstones and leafy trees, this home is surrounded by the very best of Brooklyn living. Fantastic shopping, dining and nightlife venues can be found along 5th and 7th avenues, and Byrne playground, the Old Stone House and Washington Park dog run are on the next block. Sprawling Prospect Park offers 526 acres of outdoor recreation and two year-round greenmarkets. Transportation is effortless with R, F and G trains, excellent bus service and CitiBike stations all nearby.
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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 28, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | In contract | - | |
| In contract | |||
| Apr 11, 2023 | Listed by Douglas Elliman Real Estate | $1,825,000 | |
| Listed by Douglas Elliman Real Estate | |||
| May 16, 2013 | Sold | ||
| Sold | |||
| Feb 25, 2013 | Listed by Brown Harris Stevens Residential Sales LLC | $1,257,500 | |
| Listed by Brown Harris Stevens Residential Sales LLC | |||
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This beautifully renovated apartment offers the space you need and the luxury you desire. It is located in a lovely, extra wide townhouse on a prime, tree lined Center Slope block. Sun streams through large bay windows lighting the spacious living room with dining room set in an alcove. 10' ceilings add to the sense of space and the open floor plan lends itself perfectly to entertaining on a large or intimate scale. There are 2 quiet bedrooms plus an office currently used as a bedroom and 2 large, spa-like bathrooms exquisitely finished with Kohler fixtures and limestone tile. The master bedroom's en-suite bath features a giant glassed in rain shower and the other bath has a deep soaking tub. Comfort, quality and convenience abounds: Glorious cook's kitchen, Central AC, vented Washer/Dryer in the apartment, Sub Zero refrigerator, Bosch and Miele appliances, California Closets and hardwood floors. The apartment comes with a huge, private storage room. Very low common charges keep carrying costs extremely affordable and make this apartment an unusual value. The building is pet friendly and only moments from 7th and 5th Avenues, affording easy access to the best shopping and restaurants Park Slope offers.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2025
|
3 Bed
|
2 Bath
|
1278 ft²
|
$1,995,000
3 Bed
2 Bath
1278 ft²
|
$2,350,000
+17.79%
02/28/2025
|
Elizabeth Kohen
Garfield Realty
| |
|
04/11/2023
|
3 Bed
|
2 Bath
|
1278 ft²
|
$1,800,000
3 Bed
2 Bath
1278 ft²
|
$1,825,000
+1.39%
06/28/2023
|
Bradley Rodenberg
Douglas Elliman Real Estate
| |
|
09/28/2019
|
3 Bed
|
2 Bath
|
1278 ft²
|
$1,750,000
3 Bed
2 Bath
1278 ft²
|
$1,600,000
-8.57%
03/10/2020
|
Jessica Buchman
Corcoran Group
| |
|
04/30/2019
|
3 Bed
|
2 Bath
|
-
|
$1,699,000
3 Bed
2 Bath
|
$1,805,000
+6.24%
08/02/2019
|
Bryan Rettaliata
The Corcoran Group
| |
|
02/25/2013
|
2 Bed
|
2 Bath
|
-
|
$1,257,500
2 Bed
2 Bath
|
$1,257,500
05/16/2013
|
Susan Plotz
Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017