48 STANHOPE Street #2R
About This Property
A spacious U-shaped kitchen greets you upon entry, featuring custom cabinetry, sleek quartz countertops, a paneled French-door refrigerator, built-in microwave, and top-tier appliances - perfect for cooking, dining, and entertaining.
The kitchen flows into a sun-filled living room framed by oversized windows and nearly 10-foot ceilings. From here, step out to your garden-facing private balcony - a serene outdoor escape for morning coffee, evening wine, or lush views of the tree-lined yard below.
A flexible alcove off the living area provides the perfect space for a dining nook or home office. The tranquil bedroom offers floor-to-ceiling windows and a spacious closet, while the bathroom feels spa-like with a walk-in shower featuring both rain and handheld fixtures.
Additional highlights include white oak hardwood flooring, an in-unit washer/dryer, central air, and a private storage unit.
Located in the heart of Bushwick, you're moments from neighborhood favorites like Sunrise/Sunset, Hart Bar, Lalin, Bonjour Brooklyn Bakery, and Santa Panza, with the M train close by for easy city access.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR 48 STANHOPE LLC AT 40 MELVILLE LANE, GREAT NECK, NY 11023. FILE NO. CD24-0359.
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Oct 27, 2025 | Listed by Corcoran Group | $730,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2026
|
2 Bed
|
2 Bath
|
933 ft²
|
$975,000
2 Bed
2 Bath
933 ft²
|
$940,000
-3.59%
04/23/2026
|
Nydia Ramos
Corcoran Group
| |
|
10/27/2025
|
1 Bed
|
1 Bath
|
754 ft²
|
$745,000
1 Bed
1 Bath
754 ft²
|
$730,000
-2.01%
04/17/2026
|
Nydia Ramos
Corcoran Group
| |
|
10/27/2025
|
1 Bed
|
1 Bath
|
754 ft²
|
$730,000
1 Bed
1 Bath
754 ft²
|
$705,000
-3.42%
01/20/2026
|
Nydia Ramos
Corcoran Group
| |
|
10/20/2025
|
1 Bed
|
1 Bath
|
1390 ft²
|
$1,095,000
1 Bed
1 Bath
1390 ft²
|
$1,060,000
-3.20%
02/16/2026
|
Nydia Ramos
Corcoran Group
| |
|
09/09/2025
|
2 Bed
|
2 Bath
|
961 ft²
|
$1,025,000
2 Bed
2 Bath
961 ft²
|
$940,000
-8.29%
04/23/2026
|
Nydia Ramos
Corcoran Group
| |
|
06/30/2023
| |
5 Bed
|
4 Bath
|
-
|
$1,300,000
5 Bed
4 Bath
|
$1,230,000
-5.38%
10/03/2023
|
John Prato
CENTURY 21 Kin Realty Inc
|
Building Info
- 3 Units
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017