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Map
404 3RD Street #D2
About This Property
This is absolutely the loveliest penthouse perfect co-op in the heart of the Slope. Just a few flights up you'll find prewar grace and proportion. The gallery entrance will house all your art, curios and photos. The wide open living/dining/kitchen features a handsome brick decorative fireplace complete with exposed brick and oversized windows with soft southern light pouring in.
The new windowed cooks kitchen is complete with stainless steel appliances (Bosch, Bertazzoni, Samsung). The painted new millwork with Carrara herringbone backsplash and marble breakfast bar is as much beach as City Chic. The new windowed bathroom features white subway tile surround, Carrara mosaic flooring and is spa-like in feel. Full sized laundry machines reside in the ample coat closet/pantry off the kitchen.
404 3rd Street is an intimate self-managed co-op and perfectly located in the center of Park Slope. Explore shopping, amazing restaurants and luscious Prospect Park as well nearby transportation including the F,G,N,R & W trains. The shared residents roof deck is lovely for BBQ's and star gazing with sweet plantings and dreamy views. This unit comes with a storage locker, and this co op allows doggies on approval.
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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 |
|---|---|---|---|
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | In contract | - | |
| In contract | |||
| Jan 18, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Jan 12, 2022 | Back on market | - | |
| Back on market | |||
| Dec 10, 2021 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2024
|
1 Bed
|
1 Bath
|
-
|
$768,000
1 Bed
1 Bath
|
$768,000
09/20/2024
|
Clayton Orrigo
Compass
| |
|
01/08/2024
|
1 Bed
|
1 Bath
|
-
|
$679,000
1 Bed
1 Bath
|
$679,000
04/17/2024
|
Karen Talbott
The Corcoran Group
| |
|
04/13/2023
|
3 Bed
|
2 Bath
|
-
|
$1,875,000
3 Bed
2 Bath
|
$1,875,000
08/28/2023
|
Charles Pigott
Corcoran Group
| |
|
03/24/2022
|
2 Bed
|
1 Bath
|
750 ft²
|
$965,000
2 Bed
1 Bath
750 ft²
|
$965,000
06/28/2022
|
Karen Talbott
The Corcoran Group
| |
|
11/01/2021
|
2 Bed
|
1 Bath
|
-
|
$875,000
2 Bed
1 Bath
|
$850,000
-2.86%
03/22/2022
|
Sarah Shuken
Corcoran Group
| |
|
10/14/2021
|
1 Bed
|
1 Bath
|
-
|
$759,000
1 Bed
1 Bath
|
$759,000
03/22/2022
|
Jessica L Buchman
Corcoran Group
| |
|
10/08/2021
|
1 Bed
|
1 Bath
|
-
|
$775,000
1 Bed
1 Bath
|
$770,000
-0.65%
05/24/2022
|
Jeremy Hu
Leven Real Estate
| |
|
09/14/2019
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$635,800
-8.52%
06/17/2016
|
Carolina Chia
Compass
| |
|
04/11/2018
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
$699,000
-2.24%
08/23/2018
|
Jill Meilus
The Corcoran Group
| |
|
02/25/2018
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$650,000
07/19/2018
|
Jessica Buchman
The Corcoran Group
| |
|
07/05/2016
|
1 Bed
|
1 Bath
|
-
|
$645,000
1 Bed
1 Bath
|
$645,000
10/07/2016
|
Cory Kantin
Corcoran Group
| |
|
05/31/2016
|
2 Bed
|
1 Bath
|
750 ft²
|
$799,000
2 Bed
1 Bath
750 ft²
|
$799,000
03/10/2017
|
Jessica Hirsch
Compass
| |
|
02/22/2016
|
2 Bed
|
1 Bath
|
-
|
$850,000
2 Bed
1 Bath
|
$850,000
06/02/2016
|
Jessica Jean Hirsch
Compass
| |
|
10/08/2015
|
3 Bed
|
2 Bath
|
-
|
$1,599,000
3 Bed
2 Bath
|
$1,485,000
-7.13%
02/23/2016
|
Mario W.
RES New York
| |
|
09/15/2015
|
2 Bed
|
1 Bath
|
-
|
$750,000
2 Bed
1 Bath
|
$750,000
02/05/2021
|
Jessica Hirsch
Compass
| |
|
07/06/2015
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$660,000
+14.78%
12/15/2015
|
Christine Brandle Dugan
The Corcoran Group
| |
|
09/24/2013
|
1 Bed
|
1 Bath
|
-
|
$510,000
1 Bed
1 Bath
|
$541,000
+6.08%
09/24/2013
|
Jessica Buchman
Corcoran Group
| |
|
08/26/2013
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$525,000
+1.94%
04/18/2014
|
Ronald J Saltarrelli
Elliman
| |
|
08/13/2013
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$515,000
01/07/2014
|
Gabriele Sewtz
Compass
| |
|
07/23/2013
|
2 Bed
|
1 Bath
|
-
|
$625,000
2 Bed
1 Bath
|
$610,000
-2.40%
10/25/2013
|
Gabriele Sewtz
Elliman
| |
|
04/12/2013
|
1 Bed
|
1 Bath
|
-
|
$482,000
1 Bed
1 Bath
|
$510,000
+5.81%
09/05/2013
|
Ronald Saltarrelli
Douglas Elliman Real Estate
| |
|
07/02/2012
|
2 Bed
|
1 Bath
|
-
|
$475,000
2 Bed
1 Bath
|
$475,000
01/25/2013
|
Tim Rettaliata
Corcoran Group
| |
|
02/13/2008
|
2 Bed
|
1 Bath
|
-
|
$590,000
2 Bed
1 Bath
|
$590,000
05/19/2008
|
Anne Rose
Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017