4012 7TH Avenue #8
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | In contract | - | |
| In contract | |||
| Feb 25, 2022 | Listed by Corcoran Group | $600,000 | |
| Listed by Corcoran Group | |||
| |||
|
Spacious 730SF 2BR third floor coop with great layout and South/East exposure. Windowed renovated bathroom with new deep soaking tub and windowed eat-in kitchen with washer. Apartment features oak parquet floors with mahogany inlay, crystal doorknobs, four large closets, exposed wood original French doors, new windows and original prewar detail throughout the apartment. This beautiful apartment is located in pet friendly 44 unit well self-managed building, with up to 90% financing permitted. Large basement storage bin is allocated to the apartment with no extra charge. Building features new furnished roof deck, renovated laundry room in the basement, and outside walls and the roof had been fully renovated. Common bike storage in the basement. Live-in super and intercom system with security cameras. Building is located half a block from the park with great New York harbor, Manhattan skyline and sunset views. Park features Olympic size swimming pool, well equipped gym, recreational center, sprinkler park and artificial grass soccer field. The entrance to the beautiful waterfront park at the Bush Terminal is minutes away, as well as Industry City where you can enjoy great shopping, entertainment and best artisan food that Brooklyn may offer. Easy 20 minutes commute to Manhattan and convenient access to subway D, N and R trains. Very close to 5th and 8th Ave shopping districts and local coffee shops.
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| Apr 25, 2013 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2022
|
2 Bed
|
1 Bath
|
730 ft²
|
$515,000
2 Bed
1 Bath
730 ft²
|
$515,000
02/28/2023
|
Piotr Bracichowicz
Corcoran Group
| |
|
02/25/2022
|
2 Bed
|
1 Bath
|
730 ft²
|
$539,000
2 Bed
1 Bath
730 ft²
|
$600,000
+11.32%
06/29/2022
|
Piotr Bracichowicz
Corcoran Group
| |
|
01/19/2021
|
2 Bed
|
1 Bath
|
-
|
$664,000
2 Bed
1 Bath
|
$664,000
05/10/2021
|
Lisa Garcia
Compass
| |
|
04/07/2017
|
2 Bed
|
1 Bath
|
730 ft²
|
$575,000
2 Bed
1 Bath
730 ft²
|
$575,000
07/11/2017
|
Piotr Bracichowicz
Corcoran Group
| |
|
09/09/2014
|
2 Bed
|
1 Bath
|
730 ft²
|
$414,000
2 Bed
1 Bath
730 ft²
|
$414,000
03/10/2015
|
Piotr Bracichowicz
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017