523 Second St #401
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Red Spade Realty LLC | $869,000 | |
| Listed by Red Spade Realty LLC | |||
| | |||
|
Introducing 523 Second St Condos, a new construction 9 unit elevator building that hits everything on your checklist. This unit features expansive Pella windows that flood the space with natural light, soaring high ceilings, Boston skyline views and luxurious modern finishes that define contemporary elegance. Two deeded parking spots. Enjoy your own private outdoor oasis, perfect for morning coffee or evening relaxation. The building is equipped with an elevator for your convenience, additional storage plus bike storage, and a ButterflyMx intercom system. Don't miss out on this rare opportunity to experience the pinnacle of urban living!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2025
|
2 Bed
|
2 Bath
|
1174 ft²
|
$729,000
2 Bed
2 Bath
1174 ft²
|
$720,000
-1.23%
09/23/2025
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
04/17/2025
|
2 Bed
|
2 Bath
|
1064 ft²
|
$769,000
2 Bed
2 Bath
1064 ft²
|
$740,000
-3.77%
09/23/2025
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
03/03/2025
|
2 Bed
|
2 Bath
|
1064 ft²
|
$699,000
2 Bed
2 Bath
1064 ft²
|
$675,000
-3.43%
09/23/2025
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
09/18/2024
|
2 Bed
|
2 Bath
|
1134 ft²
|
$809,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/30/2024
|
2 Bed
|
2 Bath
|
1107 ft²
|
$799,000
2 Bed
2 Bath
1107 ft²
|
$790,000
-1.13%
12/24/2024
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/30/2024
|
2 Bed
|
2 Bath
|
1107 ft²
|
$799,000
2 Bed
2 Bath
1107 ft²
|
$790,000
-1.13%
12/24/2024
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/24/2024
|
2 Bed
|
2 Bath
|
1013 ft²
|
$789,000
2 Bed
2 Bath
1013 ft²
|
$770,000
-2.41%
09/27/2024
|
Cristian Marcu
Red Spade Realty LLC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1149 ft²
|
$869,000
2 Bed
2 Bath
1149 ft²
|
$840,000
-3.34%
11/22/2024
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1022 ft²
|
$749,000
2 Bed
2 Bath
1022 ft²
|
-
-
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1022 ft²
|
$809,000
2 Bed
2 Bath
1022 ft²
|
-
-
|
Dariusz Zywina
Red Spade Realty LLC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1047 ft²
|
$759,000
2 Bed
2 Bath
1047 ft²
|
-
-
|
Dariusz Zywina
Red Spade Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017