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Map
390 LORIMER Street #4E
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%.
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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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | In contract | - | |
| In contract | |||
| Nov 29, 2023 | Price Decreased |
$1,218,000
↓ $82K
(6.3%) | |
| Price Decreased | |||
| Sep 13, 2023 | Price Decreased |
$1,300,000
↓ $90K
(6.5%) | |
| Price Decreased | |||
| Apr 28, 2023 | Price Increased |
$1,390,000
↑ $190K
(15.8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2024
|
Studio
|
1 Bath
|
700 ft²
|
$709,000
Studio
1 Bath
700 ft²
|
-
-
|
Wei zhong
Jadestone Development Realty
| |
|
10/27/2023
|
1 Bed
|
1 Bath
|
820 ft²
|
$990,000
1 Bed
1 Bath
820 ft²
|
$950,000
-4.04%
02/23/2024
|
Rika Yamazaki
Furumoto Realty of NYC, Inc.
| |
|
05/31/2023
|
Studio
|
1 Bath
|
700 ft²
|
$799,000
Studio
1 Bath
700 ft²
|
-
-
|
Wei zhong
Jadestone Development Realty
| |
|
03/30/2023
|
2 Bed
|
2 Bath
|
930 ft²
|
$1,425,000
2 Bed
2 Bath
930 ft²
|
$1,200,000
-15.79%
02/09/2024
|
Rafael Malka
Prudential Douglas Elliman Real Estate
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
825 ft²
|
$970,000
1 Bed
1 Bath
825 ft²
|
$970,000
04/14/2022
|
Maurice Singer
The Agency
| |
|
02/20/2021
|
1 Bed
|
1 Bath
|
614 ft²
|
$849,000
1 Bed
1 Bath
614 ft²
|
$849,000
06/04/2021
|
Rinzin Anyetsang
Compass
| |
|
03/29/2018
|
1 Bed
|
1 Bath
|
724 ft²
|
$850,000
1 Bed
1 Bath
724 ft²
|
$860,000
+1.18%
07/17/2018
|
Christopher C Benfante
Compass
| |
|
11/02/2017
|
1 Bed
|
1 Bath
|
725 ft²
|
$945,000
1 Bed
1 Bath
725 ft²
|
$885,000
-6.35%
05/03/2018
|
Greg McHale
Compass
| |
|
10/04/2017
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$699,000
12/20/2017
|
Cory Kantin
Corcoran Group
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
725 ft²
|
-
1 Bed
1 Bath
725 ft²
|
-
-
|
-
|
|
05/30/2017
|
2 Bed
|
1 Bath
|
1008 ft²
|
$1,135,000
2 Bed
1 Bath
1008 ft²
|
$1,129,000
-0.53%
01/04/2018
|
Cory Kantin
The Corcoran Group
| |
|
05/09/2017
|
2 Bed
|
1 Bath
|
863 ft²
|
$850,000
2 Bed
1 Bath
863 ft²
|
$830,000
-2.35%
08/04/2017
|
Joshua Rubin
Douglas Elliman Real Estate
| |
|
02/27/2017
|
1 Bed
|
1 Bath
|
635 ft²
|
$794,000
1 Bed
1 Bath
635 ft²
|
$794,000
04/21/2017
|
Cory Kantin
Corcoran Group
| |
|
05/31/2016
|
Studio
|
1 Bath
|
618 ft²
|
$650,000
Studio
1 Bath
618 ft²
|
$650,000
11/04/2016
|
Cory Kantin
Corcoran Group
| |
|
05/04/2016
|
1 Bed
|
-
|
-
|
$829,995
1 Bed
-
|
$829,995
09/16/2016
|
Bonnie Goldner
Brown Harris Stevens
| |
|
03/07/2016
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$699,000
08/02/2016
|
Bonnie Goldner
Brown Harris Stevens Residential Sales LLC
| |
|
09/17/2015
|
Studio
|
1 Bath
|
417 ft²
|
$529,000
Studio
1 Bath
417 ft²
|
$534,000
+0.95%
10/30/2015
|
Justin Daly
MNS
| |
|
09/15/2015
|
1 Bed
|
1 Bath
|
684 ft²
|
$750,000
1 Bed
1 Bath
684 ft²
|
$750,000
12/04/2015
|
Maurice Singer
Corcoran Group
| |
|
06/08/2015
|
Studio
|
1 Bath
|
618 ft²
|
$585,000
Studio
1 Bath
618 ft²
|
$618,000
+5.64%
08/11/2015
|
Shaun A Sanchez
Elliman
| |
|
06/24/2014
|
2 Bed
|
2 Bath
|
1094 ft²
|
$995,000
2 Bed
2 Bath
1094 ft²
|
$1,030,000
+3.52%
08/28/2014
|
Daniel G Fried
Elliman
| |
|
03/15/2012
|
Studio
|
1 Bath
|
522 ft²
|
$389,000
Studio
1 Bath
522 ft²
|
$389,000
06/13/2012
|
Binnie Robinson
aptsandlofts.com
| |
|
02/01/2012
|
1 Bed
|
1 Bath
|
737 ft²
|
$449,000
1 Bed
1 Bath
737 ft²
|
$446,160
-0.63%
08/23/2012
|
Binnie Robinson
aptsandlofts.com
| |
|
10/05/2011
|
1 Bed
|
1 Bath
|
871 ft²
|
$499,000
1 Bed
1 Bath
871 ft²
|
$493,940
-1.01%
09/05/2012
|
Binnie Robinson
aptsandlofts.com
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017