40 CLARKSON Avenue #3N
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 |
---|---|---|---|
Mar 13, 2025 | In contract | - | |
In contract | |||
Jan 30, 2025 | Price Decreased |
$589,000
↓ $20K
(3.3%) | |
Price Decreased | |||
Apr 13, 2024 | Listed by Douglas Elliman Real Estate | $609,000 | |
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 | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/07/2024
|
2 Bed
|
1 Bath
|
1066 ft²
|
$750,000
2 Bed
1 Bath
1066 ft²
|
$770,000
+2.67%
11/13/2024
|
-
|
Linda Peng
The Corcoran Group
| |
09/20/2023
|
Studio
|
1 Bath
|
-
|
$359,000
Studio
1 Bath
|
$359,000
12/19/2023
|
-
|
Jeanne Baron
Corcoran Group
| |
09/11/2023
|
1 Bed
|
1 Bath
|
1025 ft²
|
$675,000
1 Bed
1 Bath
1025 ft²
|
$720,000
+6.67%
02/05/2024
|
-
|
Tyson Lewis
Compass
| |
06/13/2023
|
1 Bed
|
1 Bath
|
-
|
$660,000
1 Bed
1 Bath
|
$660,000
11/08/2023
|
-
|
Jared Goodloe
Compass
| |
11/17/2022
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$558,000
-2.96%
04/12/2023
|
-
|
Douglas M Bowen
Douglas Elliman Real Estate
| |
10/17/2022
|
1 Bed
|
1 Bath
|
1077 ft²
|
$745,000
1 Bed
1 Bath
1077 ft²
|
$745,000
12/02/2022
|
-
|
Hakim Edwards
Halstead Property, LLC
| |
06/21/2022
|
Studio
|
1 Bath
|
529 ft²
|
$350,000
Studio
1 Bath
529 ft²
|
$360,000
+2.86%
10/07/2022
|
-
|
Omarli Layne
Elliman
| |
04/18/2022
|
2 Bed
|
1 Bath
|
-
|
$885,000
2 Bed
1 Bath
|
$840,000
-5.08%
09/30/2022
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
03/10/2022
|
3 Bed
|
2 Bath
|
1400 ft²
|
$935,000
3 Bed
2 Bath
1400 ft²
|
$974,918
+4.27%
07/28/2022
|
-
|
Hakim Edwards
Halstead Property, LLC
| |
03/04/2022
|
Studio
|
1 Bath
|
-
|
$325,000
Studio
1 Bath
|
$341,000
+4.92%
05/11/2022
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
02/10/2022
|
2 Bed
|
1 Bath
|
1222 ft²
|
$749,000
2 Bed
1 Bath
1222 ft²
|
$775,000
+3.47%
07/03/2022
|
-
|
Hakim Edwards
Halstead Property, LLC
| |
02/04/2022
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$661,000
+10.17%
05/31/2022
|
-
|
James Stubbs
Corcoran Group
| |
12/18/2021
|
2 Bed
|
1 Bath
|
1222 ft²
|
$925,000
2 Bed
1 Bath
1222 ft²
|
-
-
|
-
|
Tanya Tatiana Fishman-Turetsky
Brooklyn Real Property Inc.
| |
09/11/2021
|
1 Bed
|
1 Bath
|
1041 ft²
|
$575,000
1 Bed
1 Bath
1041 ft²
|
$620,000
+7.83%
03/18/2022
|
-
|
Roger Dunkelbarger
Bohemia Realty Group, LLC
| |
04/22/2021
|
1 Bed
|
1 Bath
|
-
|
$530,000
1 Bed
1 Bath
|
$530,000
08/10/2021
|
-
|
Olena Robinson
Compass
| |
10/02/2020
|
Studio
|
1 Bath
|
529 ft²
|
$329,000
Studio
1 Bath
529 ft²
|
$329,000
03/23/2021
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
08/03/2020
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$525,000
12/21/2020
|
-
|
Michele Silverman
Corcoran Group
| |
07/24/2020
|
2 Bed
|
2 Bath
|
1298 ft²
|
$839,000
2 Bed
2 Bath
1298 ft²
|
$839,000
11/19/2020
|
-
|
James Stubbs
Corcoran Group
| |
03/24/2020
|
Studio
|
1 Bath
|
-
|
$338,000
Studio
1 Bath
|
$338,000
10/15/2020
|
-
|
Zoya Litinetskaya
Compass
| |
04/12/2019
|
2 Bed
|
1 Bath
|
925 ft²
|
$599,000
2 Bed
1 Bath
925 ft²
|
$635,000
+6.01%
08/20/2019
|
-
|
Michael Kawochka
Avenue Sothebys International Realty
| |
03/14/2018
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$545,000
+9.22%
08/14/2018
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
08/08/2017
|
1 Bed
|
1 Bath
|
-
|
$439,000
1 Bed
1 Bath
|
$460,000
+4.78%
10/23/2017
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
08/08/2017
|
1 Bed
|
1 Bath
|
-
|
$439,000
1 Bed
1 Bath
|
$430,000
-2.05%
02/26/2018
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
07/06/2017
|
1 Bed
|
1 Bath
|
-
|
$469,000
1 Bed
1 Bath
|
$501,000
+6.82%
11/09/2017
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
01/12/2016
|
Studio
|
1 Bath
|
-
|
$275,000
Studio
1 Bath
|
$275,000
12/02/2016
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
05/11/2015
|
1 Bed
|
1 Bath
|
-
|
$325,000
1 Bed
1 Bath
|
-
-
|
-
|
Ellen J. Gottlieb
Corcoran Group
| |
02/25/2015
|
1 Bed
|
1 Bath
|
-
|
$319,000
1 Bed
1 Bath
|
$339,000
+6.27%
08/13/2015
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
02/19/2015
|
1 Bed
|
1 Bath
|
-
|
$335,000
1 Bed
1 Bath
|
$350,000
+4.48%
05/04/2015
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
11/03/2014
|
1 Bed
|
1 Bath
|
-
|
$319,000
1 Bed
1 Bath
|
$315,000
-1.25%
06/30/2015
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
10/15/2014
|
1 Bed
|
1 Bath
|
-
|
$319,000
1 Bed
1 Bath
|
$319,000
03/16/2015
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
09/19/2013
|
1 Bed
|
1 Bath
|
-
|
$349,000
1 Bed
1 Bath
|
$319,000
-8.60%
03/26/2014
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
08/27/2013
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
$420,000
+5.26%
11/25/2013
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
07/25/2013
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
$395,000
-1.00%
10/28/2013
|
-
|
Robert Nicoletti
Douglas Elliman Real Estate
| |
12/10/2012
|
1 Bed
|
1 Bath
|
-
|
$235,000
1 Bed
1 Bath
|
-
-
|
-
|
Robert V Nicoletti
Prudential Douglas Elliman Real Estate
| |
09/20/2012
|
2 Bed
|
1 Bath
|
1013 ft²
|
$329,000
2 Bed
1 Bath
1013 ft²
|
$299,000
-9.12%
02/05/2021
|
-
|
Robert V Nicoletti
Prudential Douglas Elliman Real Estate
| |
09/20/2012
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
$200,000
-11.11%
02/05/2021
|
-
|
Brian Meier
Berkshire Hathaway HomeServices New York Properties
|
Building Info
- 78 Units
- 1 Unit for Sale
