1
Map
401 8th Avenue #21
About This Property
The Roosevelt Arms is a 30-unit pet-friendly, well-maintained coop zoned for P.S. 321. In addition, the building offers bike storage, private storage, a super, an additional laundry facility and Verizon Fios availability. Enjoy convenient access to Prospect Park, Brooklyn Botanic Gardens, Brooklyn Museum, the Grand Army Plaza Green Market and multiple train lines.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/27/2023
|
3 Bed
|
2 Bath
|
1736 ft²
|
$2,410,000
3 Bed
2 Bath
1736 ft²
|
$2,410,000
09/21/2023
|
Peter Grazioli
Halstead Property, LLC
| |
|
03/06/2023
|
2 Bed
|
1 Bath
|
-
|
$1,100,000
2 Bed
1 Bath
|
$995,000
-9.55%
08/23/2023
|
Jamey Heinlein
Compass
| |
|
05/10/2022
|
2 Bed
|
1 Bath
|
-
|
$1,075,000
2 Bed
1 Bath
|
$1,075,000
11/29/2022
|
Nicholas Helmuth
Corcoran Group
| |
|
03/13/2021
|
3 Bed
|
3 Bath
|
-
|
$1,625,000
3 Bed
3 Bath
|
$1,625,000
07/21/2021
|
Jill Meilus
The Corcoran Group
| |
|
02/16/2021
|
3 Bed
|
2 Bath
|
1500 ft²
|
$1,699,000
3 Bed
2 Bath
1500 ft²
|
$1,675,000
-1.41%
10/05/2021
|
Jeffery Welch
Brown Harris Stevens Brooklyn LLC
| |
|
08/04/2020
|
4 Bed
|
2 Bath
|
1550 ft²
|
$1,349,000
4 Bed
2 Bath
1550 ft²
|
$1,400,090
+3.79%
01/05/2021
|
Alexandra Gupta
Corcoran Group
| |
|
07/29/2019
|
4 Bed
|
2 Bath
|
1722 ft²
|
$1,395,000
4 Bed
2 Bath
1722 ft²
|
$1,486,640
+6.57%
10/30/2019
|
Alexandra Gupta
Corcoran Group
| |
|
02/27/2018
|
3 Bed
|
2 Bath
|
1500 ft²
|
$1,640,000
3 Bed
2 Bath
1500 ft²
|
$1,640,000
07/03/2018
|
Helen Chee
Compass
| |
|
10/18/2017
|
2 Bed
|
1 Bath
|
-
|
$995,000
2 Bed
1 Bath
|
$995,000
01/12/2018
|
Helen Chee
Compass
| |
|
12/05/2015
|
3 Bed
|
2 Bath
|
1500 ft²
|
$1,095,000
3 Bed
2 Bath
1500 ft²
|
$1,150,000
+5.02%
03/22/2016
|
Ellen Eisman Blau
Avenue Sothebys International Realty
| |
|
02/03/2015
|
2 Bed
|
1 Bath
|
-
|
$819,000
2 Bed
1 Bath
|
$830,000
+1.34%
05/06/2015
|
Rezwan Sharif
Compass
| |
|
05/15/2013
|
3 Bed
|
2 Bath
|
1600 ft²
|
$1,400,000
3 Bed
2 Bath
1600 ft²
|
$1,405,000
+0.36%
08/23/2013
|
Wassim F Fakhereddine
The Corcoran Group
| |
|
11/13/2012
|
3 Bed
|
2 Bath
|
1500 ft²
|
$975,000
3 Bed
2 Bath
1500 ft²
|
$915,000
-6.15%
02/25/2013
|
Ellen Eisman Blau
Avenue Sothebys International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017