40 3RD ST #7
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.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/02/2022
|
1 Bed
|
2 Bath
|
-
|
$1,298,000
1 Bed
2 Bath
|
$1,410,000
+8.63%
05/17/2022
|
Mary-Jean Gianquinto
The Corcoran Group
| |
|
06/11/2021
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$445,000
-1.11%
12/09/2021
|
Margarita Caceres Cortes
R New York
| |
|
10/11/2018
|
2 Bed
|
2 Bath
|
-
|
$1,075,000
2 Bed
2 Bath
|
$1,075,000
12/17/2018
|
Paul Anand
Brown Harris Stevens Residential Sales LLC
| |
|
09/24/2015
|
Studio
|
1 Bath
|
430 ft²
|
$350,000
Studio
1 Bath
430 ft²
|
$350,000
12/14/2015
|
Kevin Kemble
Aptsandlofts.com
| |
|
04/27/2015
|
2 Bed
|
2 Bath
|
1075 ft²
|
$999,000
2 Bed
2 Bath
1075 ft²
|
$995,000
-0.40%
08/17/2015
|
Natalia Correa
Compass
| |
|
04/07/2015
|
1 Bed
|
1 Bath
|
780 ft²
|
$699,000
1 Bed
1 Bath
780 ft²
|
$725,000
+3.72%
07/01/2015
|
Jennifer Ferland
Compass
| |
|
10/14/2014
|
Studio
|
2 Bath
|
-
|
$442,000
Studio
2 Bath
|
$442,000
02/11/2015
|
Tyson Lewis
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
04/21/2009
|
Studio
|
2 Bath
|
-
|
$350,000
Studio
2 Bath
|
$350,000
09/09/2009
|
Juliet Seligson Braver
Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017