43-41/45 Burling Street
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by H N L Realty Inc | $5,599,000 | |
| Listed by H N L Realty Inc | |||
| Feb 26, 2026 | No longer available | - | |
| No longer available | |||
| Aug 26, 2025 | Listed by H N L Realty Inc | $5,990,000 | |
| Listed by H N L Realty Inc | |||
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Flushing downtown R4 development lot with size of 16000 SF, 2 Lots together. DOB Approved Residential FAR 1.5 - 24000 SF Community Facility FAR 0.4 - 6400SF. Water table is at least 35 feet based on the boring test. Every-thing is subject to consultation with your architect.
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| Aug 24, 2025 | No longer available | - | |
| No longer available | |||
| Feb 24, 2025 | Listed by H N L Realty Inc | $5,990,000 | |
| Listed by H N L Realty Inc | |||
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Flushing downtown R4 development lot with size of 16000 SF. 2 Lots together, Land Value for Sale.
DOB Approved Residential FAR 1.5 - 24000 SF
Community Facility FAR 0.4 - 6400SF
Underground - one level down
Community Facility: 7000+ SF
Underground parking - 2 levels down full lot
Parking spaces: 80 + 13 above ground parking
Water table is at least 35 feet based on the boring test.
Everything is subject to consultation with your architect.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017