385 ARGYLE Road #5A
About This Property
385 Argyle is a well maintained, 60 unit, elevator co-op built in 1941. Residents enjoy a common laundry and bike storage, as well as a recently renovated fitness center and a large, well appointed playroom/party room for the younger set. There is a live in super who handles day to day needs, and maintenance includes heat, hot water and taxes. Cats are welcome, but sorry, no dogs. The location also could not be better, just two blocks from the Q train and the Flatbush Food Co-op, with a Farmer's Market and Public Library right on the corner. Cortelyou Road's famed dining scene including Michelin recommended Lea and Purple Yam, and local favorites such as the Farm on Adderley, Sycamore Flower Shop, The Castello Plan, Koto, Manchego, Qathra Cafe, What's the Scoooop, Bar Chord, King Mother, and Mimi's Hummus is right outside your door!
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | In contract | - | |
| In contract | |||
| Jun 29, 2020 | Listed by Corcoran Group | $375,000 | |
| Listed by Corcoran Group | |||
| Aug 8, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/21/2026
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$571,489
+4.10%
09/16/2026
|
Rebekah Carver
Prudential Douglas Elliman Real Estate
| |
|
04/06/2026
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
$585,000
08/19/2026
|
Emily Perkins Margolin
Douglas Elliman Real Estate
| |
|
03/09/2026
|
2 Bed
|
1 Bath
|
-
|
$925,000
2 Bed
1 Bath
|
$1,070,000
+15.68%
07/13/2026
|
Peter Poljan
The Corcoran Group
| |
|
08/20/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$468,000
1 Bed
1 Bath
800 ft²
|
$430,000
-8.12%
04/20/2026
|
Ruslan Mingazov
Remax Edge
| |
|
07/21/2025
|
1 Bed
|
1 Bath
|
920 ft²
|
$640,000
1 Bed
1 Bath
920 ft²
|
$630,000
-1.56%
12/10/2025
|
DeAnna Lenhart
Elliman
| |
|
03/14/2025
|
2 Bed
|
1 Bath
|
-
|
$650,000
2 Bed
1 Bath
|
$615,000
-5.38%
10/01/2025
|
Rachel Skumanich
Compass
| |
|
12/14/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$479,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Peter Clarke
Charles Rutenberg Realty Inc
| |
|
02/14/2024
|
1 Bed
|
1 Bath
|
-
|
$535,000
1 Bed
1 Bath
|
-
-
|
Julia Spooner
Brooklyn Real Property, Inc.
| |
|
01/07/2024
|
1 Bed
|
1 Bath
|
-
|
$560,000
1 Bed
1 Bath
|
$560,000
04/29/2024
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
|
09/21/2023
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
-
-
|
Ryan Serhant
SERHANT.
| |
|
01/11/2023
|
2 Bed
|
1 Bath
|
1100 ft²
|
$885,000
2 Bed
1 Bath
1100 ft²
|
$885,000
04/21/2023
|
DeAnna Lenhart
Elliman
| |
|
10/21/2022
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
-
-
|
Ryan Serhant
SERHANT.
| |
|
09/01/2022
|
Studio
|
1 Bath
|
750 ft²
|
$389,000
Studio
1 Bath
750 ft²
|
$389,000
12/14/2022
|
Jonathan Wade
Weichert Properties
| |
|
07/12/2022
|
1 Bed
|
1 Bath
|
800 ft²
|
$525,000
1 Bed
1 Bath
800 ft²
|
$525,000
11/02/2022
|
Nicole Bilu
Serhant
| |
|
03/24/2022
|
2 Bed
|
1 Bath
|
-
|
$685,000
2 Bed
1 Bath
|
$670,000
-2.19%
08/31/2022
|
Abigail Palanca
Serhant LLC
| |
|
03/04/2022
|
1 Bed
|
1 Bath
|
-
|
$419,000
1 Bed
1 Bath
|
$413,000
-1.43%
06/17/2022
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
|
09/10/2021
|
2 Bed
|
1 Bath
|
1100 ft²
|
$799,000
2 Bed
1 Bath
1100 ft²
|
$780,000
-2.38%
12/21/2021
|
DeAnna C Lenhart
Douglas Elliman Real Estate
| |
|
04/10/2021
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$545,000
+3.81%
07/29/2021
|
Karen Sayles
Douglas Elliman Real Estate
| |
|
02/16/2021
|
2 Bed
|
1 Bath
|
880 ft²
|
$685,000
2 Bed
1 Bath
880 ft²
|
$685,000
07/16/2021
|
Rebekah Carver
Douglas Elliman Real Estate
| |
|
10/14/2020
|
Studio
|
1 Bath
|
-
|
$250,000
Studio
1 Bath
|
$250,000
02/25/2022
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
|
10/06/2020
|
1 Bed
|
1 Bath
|
663 ft²
|
$399,000
1 Bed
1 Bath
663 ft²
|
$399,000
03/24/2021
|
Bryan Ecock
Elliman
| |
|
06/29/2020
|
Studio
|
1 Bath
|
700 ft²
|
$375,000
Studio
1 Bath
700 ft²
|
$355,000
-5.33%
02/26/2021
|
Charles Pigott
Corcoran Group
| |
|
03/13/2020
|
1 Bed
|
1 Bath
|
-
|
$399,999
1 Bed
1 Bath
|
$399,999
10/12/2021
|
Itzaskun Garay
Halstead Property, LLC
| |
|
11/01/2018
|
2 Bed
|
1 Bath
|
-
|
$649,000
2 Bed
1 Bath
|
$660,000
+1.69%
03/05/2019
|
Katie Feola
Corcoran Group
| |
|
10/01/2018
|
Studio
|
1 Bath
|
650 ft²
|
$395,000
Studio
1 Bath
650 ft²
|
$370,000
-6.33%
03/05/2019
|
Jeff Surowka
Abacus Properties
| |
|
03/08/2018
|
1 Bed
|
1 Bath
|
880 ft²
|
$520,000
1 Bed
1 Bath
880 ft²
|
$520,000
11/02/2018
|
Nichole Thompson-Adams
Compass
| |
|
07/09/2018
|
1 Bed
|
1 Bath
|
880 ft²
|
$550,000
1 Bed
1 Bath
880 ft²
|
$550,000
11/09/2018
|
Rebekah Carver
Douglas Elliman Real Estate
| |
|
04/11/2018
|
1 Bed
|
1 Bath
|
840 ft²
|
$599,000
1 Bed
1 Bath
840 ft²
|
$604,000
+0.83%
08/06/2018
|
Karen Sayles
Douglas Elliman Real Estate
| |
|
11/15/2017
|
Studio
|
1 Bath
|
750 ft²
|
$375,000
Studio
1 Bath
750 ft²
|
$329,000
-12.27%
05/23/2018
|
Marsha Yarde
Prudential Douglas Elliman Real Estate
| |
|
09/19/2017
|
1 Bed
|
1 Bath
|
850 ft²
|
$525,000
1 Bed
1 Bath
850 ft²
|
$525,000
10/20/2017
|
Rebekah Carver
Douglas Elliman Real Estate
| |
|
09/12/2017
|
2 Bed
|
1 Bath
|
-
|
$625,000
2 Bed
1 Bath
|
$625,000
01/03/2018
|
Antoinette McNeill
Corcoran Group
| |
|
10/14/2016
|
2 Bed
|
1 Bath
|
-
|
$539,000
2 Bed
1 Bath
|
$585,000
+8.53%
03/06/2017
|
Jeanette C Colegrove
Brown Harris Stevens Residential Sales LLC
| |
|
05/11/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$499,000
1 Bed
1 Bath
800 ft²
|
$499,000
07/19/2016
|
DeAnna Lenhart
Brooklyn Hearth Realty, Ltd.
| |
|
01/29/2016
|
Studio
|
1 Bath
|
750 ft²
|
$385,000
Studio
1 Bath
750 ft²
|
-
-
|
Carine Eustache Jones
Elliman
| |
|
10/08/2015
|
1 Bed
|
1 Bath
|
750 ft²
|
$485,000
1 Bed
1 Bath
750 ft²
|
$500,000
+3.09%
02/04/2016
|
Karen Sayles
Brooklyn Hearth Realty, Ltd.
| |
|
05/26/2015
|
1 Bed
|
1 Bath
|
-
|
$485,000
1 Bed
1 Bath
|
$485,000
10/22/2015
|
Grace Rahme
Rahmé Real Estate, LLC
| |
|
04/29/2015
|
2 Bed
|
1 Bath
|
-
|
$625,000
2 Bed
1 Bath
|
$680,000
+8.80%
08/18/2015
|
Karen Talbott
The Corcoran Group
| |
|
03/21/2015
|
1 Bed
|
1 Bath
|
840 ft²
|
$445,000
1 Bed
1 Bath
840 ft²
|
$471,000
+5.84%
02/05/2021
|
Rebekah Carver
Prudential Douglas Elliman Real Estate
| |
|
03/13/2015
|
2 Bed
|
1 Bath
|
1050 ft²
|
$699,000
2 Bed
1 Bath
1050 ft²
|
$730,000
+4.43%
08/17/2015
|
DeAnna Lenhart
Brooklyn Hearth Realty, Ltd.
| |
|
09/17/2014
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
-
07/29/2015
|
Hakim Edwards
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
09/08/2014
|
5 Bed
|
2 Bath
|
2200 ft²
|
$1,150,000
5 Bed
2 Bath
2200 ft²
|
-
-
|
Fouad Rahme
Compass
| |
|
09/06/2014
|
1 Bed
|
1 Bath
|
840 ft²
|
$399,000
1 Bed
1 Bath
840 ft²
|
$425,000
+6.52%
01/28/2015
|
Karen Sayles
Brooklyn Hearth Realty, Ltd.
| |
|
05/30/2014
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
-
-
|
Fouad Rahme
Compass
| |
|
05/25/2014
|
1 Bed
|
1 Bath
|
916 ft²
|
$541,000
1 Bed
1 Bath
916 ft²
|
$541,000
09/22/2014
|
Karen Talbott
The Corcoran Group
| |
|
02/05/2014
|
2 Bed
|
1 Bath
|
850 ft²
|
$469,000
2 Bed
1 Bath
850 ft²
|
$510,000
+8.74%
02/05/2021
|
Rebekah Carver
Prudential Douglas Elliman Real Estate
| |
|
09/19/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$325,000
1 Bed
1 Bath
750 ft²
|
$315,000
-3.08%
02/05/2021
|
Rebekah Carver
Prudential Douglas Elliman Real Estate
| |
|
06/01/2013
|
1 Bed
|
1 Bath
|
-
|
$329,000
1 Bed
1 Bath
|
$329,000
10/08/2013
|
Jan Rosenberg
Brooklyn Hearth Realty, Ltd.
| |
|
03/13/2013
|
2 Bed
|
2 Bath
|
-
|
$535,000
2 Bed
2 Bath
|
$525,500
-1.78%
05/23/2013
|
Rebekah Carver
Brooklyn Hearth Realty, Ltd.
| |
|
11/28/2012
|
1 Bed
|
1 Bath
|
-
|
$329,000
1 Bed
1 Bath
|
$315,000
-4.26%
02/05/2021
|
Rebekah Carver
Prudential Douglas Elliman Real Estate
| |
|
10/05/2012
|
1 Bed
|
1 Bath
|
880 ft²
|
$305,000
1 Bed
1 Bath
880 ft²
|
$300,000
-1.64%
02/11/2013
|
Robert Nicoletti
Elliman
|
Building Info
- 60 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017