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51 Apollo Street
About This Property
Built in 1899, this classic brick townhouse sits on a quiet, tree-lined block moments from everything Greenpoint has to offer. Set on a 19' x 100' lot, this is a home that has truly stood the test of time.
Currently configured as a lovingly preserved single-family residence, the property spans approximately 2,850 square feet across two primary floors and a substantial basement. Original details include soaring 10-foot ceilings on the first floor, hardwood floors, intricate moldings, and beautiful stained glass accents that reflect the craftsmanship of the era. The home also benefits from natural light through both its East and West exposures.
The first floor opens with a stately foyer and hallway that immediately showcase the home's scale and original architectural details. Beyond, a grand living room stretches nearly 24 feet in length, setting the tone for the rest of the home. The library, along with the second-floor home office, features stunning stained glass panels that softly filter light between rooms. The rear kitchen offers a charming pass-through window overlooking the dining room and a classic swinging door, a nod to the home's pre-war heritage that is as functional as it is full of character. Through the rear door, step out onto the terrace and garden beyond, providing generous outdoor space on this deep 100-foot lot. A full bathroom with shower sits conveniently off the main hall.
Upstairs, 9'6" ceilings continue the sense of grandeur. The primary bedroom spans an impressive 23'10" and is accompanied by two additional bedrooms, a dedicated office, a second kitchen, and a full bathroom with tub. Two stained-glass skylights introduce beautiful filtered light and serve as one of the home's most distinctive original features.
The basement offers one of the home's most compelling opportunities: a nearly full-footprint space measuring 47'5" x 18'1" with 7'6" ceilings. This expansive level includes three custom built cedar closets, washer/dryer hookups, a private garden-level entrance, and a second egress through steel doors directly to the backyard. Whether envisioned as a recreation room, home gym, creative studio, or expanded living space, the basement provides a flexible foundation for a wide range of uses.
With approximately 2,850 square feet of interior space, 950 square feet of private outdoor space, 10-foot parlor ceilings, and original pre-war details intact, 51 Apollo Street presents a rare opportunity to own a piece of Greenpoint history. Buyers may explore maintaining the home as a grand single-family residence, converting it into two units as seen in neighboring properties, or potentially expanding with the property's remaining FAR. All prospective buyers must verify any development potential, conversions, or expansion plans with their architect and the appropriate authorities.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Compass | $1,375,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017