400 N the Strand #21
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 |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Keller Williams Realty | $975,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/06/2026
|
2 Bed
|
2 Bath
|
1006 ft²
|
$1,695,000
2 Bed
2 Bath
1006 ft²
|
$1,550,000
-8.55%
06/01/2026
|
Sharon Whittlesey
First Team Real Estate
| |
|
10/23/2025
|
1 Bed
|
1 Bath
|
860 ft²
|
$975,000
1 Bed
1 Bath
860 ft²
|
$975,000
01/07/2026
|
Cherie Harrington
Keller Williams Realty
| |
|
08/08/2025
|
2 Bed
|
2 Bath
|
1010 ft²
|
$1,199,000
2 Bed
2 Bath
1010 ft²
|
$1,130,000
-5.75%
10/24/2025
|
Tyson Lund
The Lund Team, Inc
| |
|
02/28/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,950,000
2 Bed
2 Bath
1200 ft²
|
$1,925,000
-1.28%
06/11/2025
|
Sharon Whittlesey
First Team Real Estate
| |
|
08/19/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,800,000
2 Bed
2 Bath
1200 ft²
|
$1,795,000
-0.28%
09/12/2025
|
Kim Cahill
Harcourts Prime Properties
| |
|
03/18/2024
|
1 Bed
|
1 Bath
|
860 ft²
|
$995,000
1 Bed
1 Bath
860 ft²
|
-
-
|
Freddy Babayan
Douglas Elliman of California
| |
|
06/05/2021
|
2 Bed
|
2 Bath
|
1010 ft²
|
$1,099,888
2 Bed
2 Bath
1010 ft²
|
-
-
|
Steve Caudill
Keller Williams Carmel Valley
| |
|
07/21/2020
|
1 Bed
|
1 Bath
|
860 ft²
|
$799,888
1 Bed
1 Bath
860 ft²
|
-
-
|
-
| |
|
06/06/2019
|
2 Bed
|
2 Bath
|
1250 ft²
|
$949,900
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
05/30/2019
|
3 Bed
|
3 Bath
|
1932 ft²
|
$1,995,000
3 Bed
3 Bath
1932 ft²
|
$1,825,000
-8.52%
10/11/2019
|
John Beran
Shafran Realty Group
| |
|
05/05/2019
|
2 Bed
|
2 Bath
|
1010 ft²
|
$775,000
2 Bed
2 Bath
1010 ft²
|
$755,025
-2.58%
06/10/2019
|
Lisa Fore
McLain Properties
| |
|
12/18/2018
|
2 Bed
|
2 Bath
|
1006 ft²
|
$1,299,000
2 Bed
2 Bath
1006 ft²
|
$1,201,000
-7.54%
03/06/2019
|
Greg Spiegel
OCEquity
| |
|
08/21/2018
|
1 Bed
|
1 Bath
|
860 ft²
|
$699,999
1 Bed
1 Bath
860 ft²
|
$675,000
-3.57%
11/13/2018
|
Brian Long
Big Block Realty, Inc.
| |
|
04/11/2018
|
2 Bed
|
2 Bath
|
1250 ft²
|
$789,000
2 Bed
2 Bath
1250 ft²
|
$750,000
-4.94%
07/03/2018
|
Jason Koehler
NuPacifica Realty
| |
|
01/18/2018
|
2 Bed
|
2 Bath
|
1010 ft²
|
$760,000
2 Bed
2 Bath
1010 ft²
|
$740,000
-2.63%
03/23/2018
|
Jeremy Beauvarlet
Redfin Corporation
| |
|
06/26/2017
|
2 Bed
|
2 Bath
|
1010 ft²
|
$789,500
2 Bed
2 Bath
1010 ft²
|
$759,500
-3.80%
08/07/2017
|
Christine Christoph
Keller Williams Realty
| |
|
11/18/2016
|
2 Bed
|
2 Bath
|
1250 ft²
|
$859,000
2 Bed
2 Bath
1250 ft²
|
$848,000
-1.28%
01/18/2017
|
John Beran
Shafran Realty Group
| |
|
11/17/2015
|
2 Bed
|
2 Bath
|
1010 ft²
|
$725,000
2 Bed
2 Bath
1010 ft²
|
$712,500
-1.72%
04/01/2016
|
Matt Kolker
Keller Williams Realty
| |
|
11/09/2015
|
2 Bed
|
2 Bath
|
1010 ft²
|
$924,000
2 Bed
2 Bath
1010 ft²
|
$850,000
-8.01%
12/21/2015
|
Michelle Dastyck
Innovate Realty, Inc
| |
|
04/01/2015
|
1 Bed
|
1 Bath
|
860 ft²
|
$590,000
1 Bed
1 Bath
860 ft²
|
$570,000
-3.39%
06/11/2015
|
Jill Stanger
Bennion Deville Homes
| |
|
10/15/2014
|
2 Bed
|
2 Bath
|
1200 ft²
|
$899,000
2 Bed
2 Bath
1200 ft²
|
$870,000
-3.23%
12/15/2014
|
Jill Stanger
Bennion Deville Homes
| |
|
09/23/2014
|
2 Bed
|
2 Bath
|
1010 ft²
|
$789,000
2 Bed
2 Bath
1010 ft²
|
$733,000
-7.10%
12/15/2014
|
John Beran
Shafran Realty Group
| |
|
04/11/2014
|
1 Bed
|
1 Bath
|
860 ft²
|
$625,000
1 Bed
1 Bath
860 ft²
|
$625,000
05/08/2014
|
Tracy Moore
Arden House Realty, Inc
| |
|
02/24/2014
|
2 Bed
|
2 Bath
|
1006 ft²
|
$869,000
2 Bed
2 Bath
1006 ft²
|
$845,000
-2.76%
05/21/2014
|
Deb Fisher
Dwell Well Realty
| |
|
12/20/2013
|
3 Bed
|
3 Bath
|
2500 ft²
|
$2,090,000
3 Bed
3 Bath
2500 ft²
|
$1,985,000
-5.02%
04/18/2014
|
Patrick Etheridge
eHomes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017