48 Stanhope Street #3F
About This Property
Upon entry, you're greeted by a large, open U-shaped kitchen outfitted with custom cabinetry, sleek countertops, a paneled French door refrigerator, built-in microwave, and top-of-the-line appliances-perfect for both everyday living and entertaining.
The kitchen flows effortlessly into the bright and airy living room, where oversized windows invite natural light to flood the space and highlight the home's soaring 9'9" ceilings.
Just off the living area, a flexible alcove provides the perfect opportunity for a home office or dining nook, adapting to your lifestyle with ease. The living room also opens directly onto a northwest-facing private balcony, offering an extension of your home to the outdoors-ideal for a morning coffee, evening unwind, or entertaining against a city backdrop.
Adjacent to the living room, the bedroom offers a quiet and tranquil retreat with floor-to-ceiling windows and a spacious closet, blending comfort with thoughtful design.
The bathroom is a modern sanctuary, featuring a sleek walk-in with both a rain shower and handheld fixture, combining style and function in a spa-like setting.
Additional features include hardwood flooring throughout, an in-unit washer and dryer, and thoughtful details that balance function with modern elegance.
STORAGE UNIT INCLUDED!
Set in the heart of Bushwick, this residence is surrounded by neighborhood favorites like Sunrise/Sunset, Hart Bar, Lalin, Bonjour Brooklyn Bakery, and Santa Panza. With the M train nearby, you'll enjoy the vibrant local culture and effortless 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
Listed By
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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 |
|---|---|---|---|
| Apr 14, 2026 | Listed by Corcoran Group | $745,000 | |
| 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
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017