53 Park Avenue
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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.
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Listed by Compass Greater NY, LLC | $650,000 | |
| Listed by Compass Greater NY, LLC | |||
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Renovated ranch with over 1,800 square feet of usable space, including a 738 SF full finished walk-out basement with heat and high ceilings. The main level features an inviting stone-faced wood-burning fireplace in the living room, a dining area with soaring ceilings, two skylights, and sliders to the deck and bi-level patio, and a large, windowed, open kitchen with excellent storage that ties it all together. Two bedrooms and a full hall bath sit alongside the primary bedroom with its own ensuite bathroom.
Downstairs, the above-ground, heated, finished walk-out basement is approximately 738SF and includes a separate entrance, full bathroom, large windows, high ceilings, a wet bar, access to the attached one-car garage, laundry, and multiple areas to enjoy. Outdoors, the deck and bi-level patio feature a relaxing hot tub, storage shed, and a large picnic area—perfect for entertaining, a leisurely game of bocce ball, or just unwinding. Additional features include a new roof, new windows and insulation throughout, recent boiler and HVAC upgrades, landscaping improvements, gleaming hardwood floors, and a full drop-down attic for extra storage. Move-in ready and waiting for you—schedule your visit today!
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| Dec 8, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017