40 89th Street #2D
About This Property
The manager has listed the unit size as 920 square feet.
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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 |
|---|---|---|---|
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | Price Increased |
$365,999
↑ $7K
(2%) | |
| Price Increased | |||
| Jun 29, 2024 | Price Decreased |
$359,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Mar 29, 2024 | Listed | $379,000 | |
| Listed | |||
| | |||
|
You will love this newly renovated coop in the heart of Bayridge. This beautiful apartment features a sleek galley kitchen adorned with brand-new stainless steel appliances and luxurious granite countertops. Ample storage space is provided by multiple closets throughout the unit. As well as a spacious living room, perfect for the addition of a dining area. Parking garage is currently on waitlist. All offers are welcome. Subleasing is permitted after 2 years.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2025
|
1 Bed
|
1 Bath
|
725 ft²
|
$288,000
1 Bed
1 Bath
725 ft²
|
-
-
|
Michelle Zhang
Robert DeFalco Realty, Inc.
| |
|
03/10/2025
|
1 Bed
|
1 Bath
|
650 ft²
|
$350,000
1 Bed
1 Bath
650 ft²
|
$255,000
-27.14%
01/19/2026
|
John Gordon SFR
VYLLA Home
| |
|
04/04/2024
|
1 Bed
|
1 Bath
|
725 ft²
|
$339,000
1 Bed
1 Bath
725 ft²
|
$339,000
11/14/2024
|
Neil Caesar
Compass
| |
|
03/29/2024
|
1 Bed
|
1 Bath
|
750 ft²
|
$379,000
1 Bed
1 Bath
750 ft²
|
$355,000
-6.33%
11/13/2024
|
Jonathan Minerick
Homecoin.com
| |
|
05/08/2023
|
1 Bed
|
1 Bath
|
920 ft²
|
$460,000
1 Bed
1 Bath
920 ft²
|
-
-
|
Jin Lan Bai
E House Realty & Mgt. Inc
| |
|
05/08/2023
|
1 Bed
|
1 Bath
|
725 ft²
|
$410,000
1 Bed
1 Bath
725 ft²
|
-
-
|
Jin Lan Bai
E House Realty & Mgt. Inc
| |
|
04/14/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$340,000
1 Bed
1 Bath
700 ft²
|
$299,000
-12.06%
06/22/2023
|
Renee Dorsa
Dorsa Group Realty
| |
|
09/23/2022
| |
1 Bed
|
1 Bath
|
700 ft²
|
$299,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Renee Dorsa
Dorsa Group Realty
|
|
01/14/2022
|
1 Bed
|
1 Bath
|
750 ft²
|
$360,000
1 Bed
1 Bath
750 ft²
|
$350,000
-2.78%
09/21/2022
|
Renee Dorsa
Dorsa Group Realty
| |
|
12/18/2021
|
3 Bed
|
2 Bath
|
1500 ft²
|
$798,000
3 Bed
2 Bath
1500 ft²
|
-
-
|
Renee Dorsa
Dorsa Group Realty
| |
|
02/09/2021
|
1 Bed
|
1 Bath
|
725 ft²
|
$439,900
1 Bed
1 Bath
725 ft²
|
-
-
|
Dina Homsi
Ben Bay Realty Co of Bay Ridge
| |
|
09/23/2019
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/09/2019
|
1 Bed
|
1 Bath
|
-
|
$349,000
1 Bed
1 Bath
|
$349,000
01/07/2021
|
Peter Grazioli
Halstead Property, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017