4700 Falcon Pl
About This Property
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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 |
|---|---|---|---|
| Jan 9, 2026 | Listed by Market Real Estate | $1,650,000 | |
| Listed by Market Real Estate | |||
| Sep 3, 2025 | No longer available | - | |
| No longer available | |||
| Jul 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 19, 2024 | Listed by Market Real Estate | $1,920,000 | |
| Listed by Market Real Estate | |||
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Land for sale with option for approved building plans. Building 2 - Lot 2: Lot Size 4.52 Acres - offered at $1,920,000. Building Size: 23,250 SF (Expandable up to 30,000 SF) Unit Sizes Available from 5,000 SF+. Uses Allowed: Industrial Flex Use, Work/ Live, Office - Warehouse, Office, Life Science, Flex with outdoor storage. Total Outdoor Storage Area: 1.83 Acres. Outdoor storage has 2 remote gates - fully fenced. Highlights: Parking: 56 Spaces (2.4/1000) + Additional Parking. Expansion in Outdoor Storage Area 2 EV Parking Stalls. Loading: Drive-In and Dock High. Clear Height: 24'-0". Power: Any Upon Request Company. Signage Allowed. Amenities: 2 Private Picnic/Park Areas / Mountain Views. Zoning: Business Light Industrial (BLI). Build to Suit Option available: Contact Broker for pricing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017