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518 E 11th Street #1B
About This Property
The interior boasts beautiful hardwood floors and the thoughtfully designed layout and almost 10' ceilings allow maximum efficiency and comfort, making it an ideal urban retreat. The building offers the convenience of free laundry facilities on every floor, and the apartment comes with a large storage closet just down the hall. There is also a bike room and video intercom system.
This pet-friendly self-managed co-op allows subletting after one year of residency with board approval. No parents buying for children but gifting is allowed on a case by case basis.
Listed By

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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%.
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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.
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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 |
---|---|---|---|
Mar 11, 2025 | Price Decreased |
$330,000
↓ $20K
(5.7%) | |
Price Decreased | |||
Feb 1, 2025 | Listed by Compass | $350,000 | |
Listed by Compass | |||
Dec 18, 2012 | Sold to Marianne Lake | ||
Sold to Marianne Lake | |||
Aug 14, 2012 | Listed by Bond New York | $299,000 | |
Listed by Bond New York | |||
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Loft-like studio. Parlor Level Home. Oversized windows on to
tree-lined street. Marble kitchen. Large bathroom. Free Maytag
laundry on every floor. WALK-IN closet. Bikeroom Video intercom
| |||
Jun 7, 2005 | Sold to Silvia Cincotta, Clay P Mcb... | ||
Sold to Silvia Cincotta, Clay P Mcb... |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/01/2022
|
2 Bed
|
1 Bath
|
-
|
$1,150,000
2 Bed
1 Bath
|
$1,090,000
-5.22%
05/10/2022
|
Nicolas Paredes
Corcoran Group
| ||
05/30/2018
|
2 Bed
|
1 Bath
|
-
|
$1,100,000
2 Bed
1 Bath
|
$1,075,000
-2.27%
09/07/2018
|
Danielle Lenois
Compass
| ||
06/05/2017
|
2 Bed
|
1 Bath
|
700 ft²
|
$820,000
2 Bed
1 Bath
700 ft²
|
$790,000
-3.66%
09/08/2017
|
Elizabeth Hamersley
Douglas Elliman Real Estate
| ||
05/09/2014
|
2 Bed
|
1 Bath
|
-
|
$799,000
2 Bed
1 Bath
|
$745,000
-6.76%
11/19/2014
|
STEVEN LOPEZ
The Corcoran Group
| ||
08/14/2012
|
Studio
|
1 Bath
|
-
|
$299,000
Studio
1 Bath
|
-
12/18/2012
|
Thomas Stuart
Bond New York
|
Building Info
- 13 Units
- 1 Unit for Sale
