12
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$1,800,000
↓ $150K (7.7%)
●
Condo -
For Sale
511 E 11th Street #A3
Manhattan, NY 10009
3 Beds
2 Baths
1,261 Ft²
$10,785
Est. Monthly
$637
HOA / Fees
3.03%
Cap Rate
About This Property
Welcome to 511 East 11th Street, a charming "townhouse-style" condo offering modern style and cozy comfort. This bright, airy home features three comfortable bedrooms and two updated bathrooms in a friendly rowhouse building.
Enter through your private entrance to find a sunlit space with both southern and northern exposures, offering lovely views of gardens and bustling streets. The open kitchen is a chef's dream, equipped with a gas Viking range, Viking microwave, and stainless steel finishes, perfect for entertaining.
The primary bedroom is a serene retreat with a walk-in and step-in closet, while additional bedrooms offer flexibility for guests or a home office. Enjoy the convenience of an in-unit laundry room with a full-sized washer and dryer, plus a handy storage spot for bikes or strollers.
This delightful condo offers the ideal blend of style and functionality. Schedule your viewing today and discover the vibrant life at 511 East 11th Street.
Unit Size
1,261 Ft²
Days on Market
174 days
Land Size
-
Price per sqft
$1,427
Property Type
Condo
Property Taxes
$1,309
HOA Dues
$637
Year Built
1999
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 16 days ago (RLS #RLS11013443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Price Decreased |
$1,800,000
↓ $150K
(7.7%) | |
| Price Decreased | |||
| Oct 2, 2024 | Listed by Compass | $1,950,000 | |
| Listed by Compass | |||
| Jul 5, 2007 | Sold to The Marianne Fons Revocable... | ||
| Sold to The Marianne Fons Revocable... | |||
| Dec 23, 2002 | Sold to Melissa A Cheong, Andrew J ... | ||
| Sold to Melissa A Cheong, Andrew J ... | |||
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, His and Hers Closets, Soaking Tub, Walk-In Closet(s)
Appliances: Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Range, Stainless Steel Appliance(s), Washer
Flooring Type: Ceramic Tile, Hardwood
Laundry Features: Common Area, In Unit, BuildingWasherDryerInstallAllowed, CommonOnFloor
Rooms: 5
Exterior Details
Square Footage: 1261
Architectural Style: WalkUp
Year Built: 1999
Window Features: Double Pane Windows, Skylight(s)
Lot Size Units: Square Feet
Lot Size Dimensions: 75.000000x103.250000
Tax Lot: 1207
Financial Details
Tax Annual Amount: $15,708
Utilities Details
Cooling Type: Other, Wall Unit(s)
Heating Type: Baseboard, Wall Furnace
Location Details
HOA Fee: $637
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
3
Beds
2
Baths
1,261 ft²
$1,427/ft²
$1,800,000
Apr 20, 2015
$1,800,000
Aug 18, 2015
$1,073/mo
Condo
3
Beds
2
Baths
1,135 ft²
$1,643/ft²
$1,865,000
May 4, 2017
$1,865,000
Sep 15, 2017
$1,453/mo
Condo
3
Beds
2
Baths
1,135 ft²
$1,762/ft²
$2,000,000
Mar 7, 2023
$2,000,000
Aug 29, 2023
$1,894/mo
Co-op
3
Beds
2
Baths
1,400 ft²
$1,232/ft²
$1,725,000
Sep 15, 2021
$1,725,000
Dec 4, 2021
$1,000/mo
Condo
3
Beds
1
Bath
1,668 ft²
$1,013/ft²
$1,690,000
Dec 1, 2023
$1,690,000
May 30, 2024
$800/mo
Condo
2
Beds
2
Baths
1,295 ft²
$1,386/ft²
$1,795,000
Jun 25, 2020
$1,795,000
Aug 31, 2020
$1,506/mo
Active
Condo
2
Beds
1
Bath
1,170 ft²
$1,363/ft²
$1,595,000
Aug 16, 2024
-
$2,900/mo
Active
Condo
2
Beds
2
Baths
1,258 ft²
$1,709/ft²
$2,150,000
Aug 16, 2024
-
$3,045/mo
Active
Condo
2
Beds
2
Baths
1,166 ft²
$1,501/ft²
$1,750,000
Dec 5, 2024
-
$3,751/mo
In Contract
Co-op
2
Beds
2
Baths
1,300 ft²
$1,288/ft²
$1,675,000
Jan 13, 2025
-
$2,633/mo
Active
Condo
2
Beds
2
Baths
1,166 ft²
$1,608/ft²
$1,875,000
Feb 18, 2025
-
$3,272/mo
Active
Condo
2
Beds
2
Baths
1,054 ft²
$1,589/ft²
$1,675,000
Oct 29, 2024
-
$801/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/07/2023
|
3 Bed
|
2 Bath
|
1135 ft²
|
$2,180,000
3 Bed
2 Bath
1135 ft²
|
$2,000,000
-8.26%
08/29/2023
|
-
|
Henry Hershkowitz
Related Sales, LLC
| |
|
05/04/2017
|
3 Bed
|
2 Bath
|
1135 ft²
|
$1,895,000
3 Bed
2 Bath
1135 ft²
|
$1,865,000
-1.58%
09/15/2017
|
-
|
Belair Blacque
Douglas Elliman Real Estate
| |
|
09/21/2013
|
3 Bed
|
2 Bath
|
1350 ft²
|
$1,695,000
3 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Simona M. Stanica
Prudential Douglas Elliman Real Estate
|
Building Info
511 East 11th Street
511 East 11th Street, New York, NY 10009
- 12 Units
- 1 Unit for Sale
About Downtown Manhattan
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$1,675,000
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$1,875,000
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Nearby Rentals
Listed by: Gregory Scott Hamm
Listing Courtesy of Compass
Last Updated: 16 days ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 16 days ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
