394 Vanderbilt Avenue #3
About This Property
Magnificent full-floor living and a private roof deck are yours in this spectacular new-construction three-bedroom, two-and-a-half-bathroom home in coveted Fort Greene.
A gracious foyer welcomes you into this outstanding 1,994-square-foot home featuring soaring ceilings, tall art walls and engineered 5-inch oak floors throughout. Bask in the warmth of the gas fireplace in the large living/dining room, or test your culinary skill in the open kitchen featuring gleaming subway tile, open shelving, black granite, and fine appliances by Bertazzoni and Bosch. Escape to your private 391-square-foot roof deck and begin planning your summer barbecue guest list among leafy views.
The master suite is a serene escape featuring western light and a lavish custom walk-in closet. A chic barn door reveals the en suite marble bathroom of your dreams, where a clawfoot soaking tub is surrounded by a walk-in rain shower and a double vanity. Two more large bedrooms share a second full bathroom with a guest powder room nearby. Extra closet space, an in-unit side by side washer-dryer, forced air heat, split A/C units and video intercom entry ensure comfort and convenience in this exceptional new residence, brought to you by Brooklyn Home Company.
394 Vanderbilt Avenue was crafted within two historic Italianate brownstones built in 1877 by Thomas B. Jackson. As part of a row of 16 brownstones, this classic Brooklyn blockfront offers a consistent architectural character and charming tree-lined sidewalks. From this outstanding location within the Fort Greene Historic District, you're surrounded by neighborhood parks and playgrounds, including stunning Fort Greene Park. Fantastic dining and nightlife venues line the nearby blocks, and with Barclays Center and BAM nearby, you'll never want for world-class entertainment. Transportation is excellent with C and G trains within minutes and B/D, N/Q/R, 2/3, 4/5 and LIRR trains at Atlantic Terminal. *Photos shown are of Unit 2.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. AG FILE NO. CD19-0254. Sponsor: 394-396 Vanderbilt Ave NY Corp. 80 4th Street, Brooklyn, NY 11231.
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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 |
|---|---|---|---|
| Feb 19, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | In contract | - | |
| In contract | |||
| Oct 21, 2020 | Price Decreased |
$2,625,000
↓ $70K
(2.6%) | |
| Price Decreased | |||
| Jun 10, 2020 | Listed by Douglas Elliman Real Estate | $2,695,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2024
|
1 Bed
|
2 Bath
|
1632 ft²
|
$1,950,000
1 Bed
2 Bath
1632 ft²
|
$1,725,000
-11.54%
02/06/2025
|
Ben Jacobs
Prudential Douglas Elliman Real Estate
| |
|
06/10/2020
|
3 Bed
|
2 Bath
|
1994 ft²
|
$2,625,000
3 Bed
2 Bath
1994 ft²
|
$2,600,000
-0.95%
02/01/2021
|
Christina Abad
Elliman
| |
|
05/15/2020
|
1 Bed
|
2 Bath
|
1632 ft²
|
$1,475,000
1 Bed
2 Bath
1632 ft²
|
$1,450,000
-1.69%
03/26/2021
|
LINDSAY A BARRETT
Elliman
| |
|
05/15/2020
|
2 Bed
|
3 Bath
|
1905 ft²
|
$1,795,000
2 Bed
3 Bath
1905 ft²
|
$1,699,000
-5.35%
03/09/2021
|
Cristina Criado
Douglas Elliman Real Estate
| |
|
10/10/2014
| |
Studio
|
-
|
-
|
$1,950,000
Studio
-
|
$1,800,000
-7.69%
11/17/2014
|
Louis E Belisario
Fillmore Real Estate Brooklyn Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017