429 81ST Street
About This Property
This beautiful Pre-War residence offers a unique blend of traditional charm and modern living, all encased in a timeless brick and lime facade, located on a peaceful, tree-lined street.
Enter at the parlor floor to a bright foyer decked with 10-foot high ceilings.
The spacious living room caters perfectly to both quiet nights in and social events, illuminated by excellent southern light exposure. Stained glass windows add a simple understated charm.
The formal dining room offers an inviting space for enjoying meals with loved ones, showcasing the true elegance of the home with inlaid hardwood floors and charming, modest built-in shelving.
The dining room leads out to an oversized covered deck, providing a perfect setting for summer outdoor gatherings. From there, step down to a modern paved garden, bordered by a perimeter for plantings.
The classic aesthetic continues into the kitchen, where a vintage Chamber stove meets a modern stainless-steel fridge to meet your culinary needs. A large picture window serves as a picturesque backdrop, offering views of the porch and garden to inspire your meal preparations.
Four bedrooms on the second floor provide plenty of space for personal retreats. All rooms are equipped with ample closets for convenient storage, and a large full bath ensures a seamless routine.
The lower level reveals a versatile open-concept recreation room catering to various lifestyle needs, whether as a media room, a fitness area, a play zone, a home office, or a comfortable guest space. Equipped with a half bath, multiple additional storage closets, and a washer and dryer set, this area maximizes practicality and greatly adds to the living area of home.
Recent updates include a brand new copper water main, new water heater, new electrical panel, and a refinished recreation room, ensuring a secure, efficient, and comfortable living environment.
Embrace the welcoming vibe of the Bay Ridge community, complemented by easy access to the abundant amenities of 3rd and 5th Avenues for shopping and dining.
Broker Owner.
Tenant occupied, will be delivered vacant.
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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%.
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Corcoran Group | $1,270,000 | |
| Listed by Corcoran Group | |||
| Jul 16, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed by REMAX EDGE | $1,100,000 | |
| Listed by REMAX EDGE | |||
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This is ready to be your new home! A charming 4 bedroom, attached brick townhouse built in 1901 with many original details, such as stained glass windows, parquet floors and high, 10 ft ceilings. Let the southern exposure sun light up your future living room. With plenty of space to entertain, the formal dining room exits onto the large, covered deck down to a spacious yard. Eat in kitchen with ample cabinet space and a large window facing the lovely yard. The second floor features include 4 bedrooms, 2 king- sized bedrooms with walk in closets. The beautiful stained glass skylight brightens the hallway. Newly remodeled, large full tiled bath with a skylight. The full basement has a separate entrance, 1/4 bath, and includes laundry room with washer & dryer. Gas heat and separate water heater. A block away from and a vast variety of restaurants, cafes, gourmet delis, and markets. Enjoy the best of Bay Ridge shopping at local boutiques as well as the 86th Street shopping district. Near all transportation. A great place to call home. The manager has listed the unit size as 1850 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017