39 N MORGAN Street #2
About This Property
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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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/06/2025
|
3 Bed
|
2 Bath
|
1612 ft²
|
$649,000
3 Bed
2 Bath
1612 ft²
|
$645,000
-0.62%
07/24/2025
|
Niles Patel
CORE Capital Group LLC
| |
|
01/02/2024
|
3 Bed
|
3 Bath
|
-
|
$1,099,995
3 Bed
3 Bath
|
-
-
|
Matt Laricy
Americorp, Ltd
| |
|
05/06/2024
| |
Loft
|
-
|
-
|
$450,000
Loft
-
|
$450,000
10/11/2024
|
Daniel Hyman
Millennium Properties RE, Inc.
|
|
01/18/2022
|
3 Bed
|
3 Bath
|
-
|
$1,099,900
3 Bed
3 Bath
|
-
03/24/2022
|
Paul Waitz
Berkshire Hathaway HomeServices Chicago
| |
|
07/23/2021
|
3 Bed
|
2 Bath
|
-
|
$699,000
3 Bed
2 Bath
|
$675,000
-3.43%
07/30/2021
|
Jingen Xu
Land Fairy Realty Corp.
| |
|
04/09/2019
|
3 Bed
|
2 Bath
|
-
|
$725,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
12/18/2007
|
3 Bed
|
3 Bath
|
-
|
$679,900
3 Bed
3 Bath
|
$645,000
-5.13%
05/14/2008
|
Renata Williamson
@properties Christie's International Real Estate
| |
|
03/06/2007
|
3 Bed
|
2 Bath
|
-
|
$469,900
3 Bed
2 Bath
|
$469,900
01/11/2008
|
Renata Williamson
@properties Christie's International Real Estate
|
Building Info
About West Side
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 3 Baths
- 1,918 ft²
$8,000 /mo
- 2 Beds
- 2 Baths
- 4,100 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017