43
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5503 Lacy Street
About This Property
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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%.
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 9, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Martha Turner Sotheby's International Realty | $1,475,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Mar 21, 2025 | Listed | $1,529,000 | |
| Listed | |||
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Blending timeless style with modern comfort, 5503 Lacy St is a striking brick retreat that offers a rare sense of privacy and space in the heart of the city. Nestled behind a sleek, modern fence, the home features sun-drenched balconies that span the upper level—perfect for quiet mornings or evening unwinding. Inside, expansive rooms and abundant square footage provide endless possibilities to personalize. Currently functioning as a stylish live/work space and offering endless possibilities for that purpose, the layout easily adapts to additional bedrooms or extended family quarters. Clean architectural lines, 10' ceilings, steel accents, and warm brickwork create an inviting balance of industrial-chic and classic charm. Framed by mature trees and lush landscaping, the property feels like a private sanctuary. With seamless indoor-outdoor flow, generous balconies, and a welcoming courtyard, this home is ideal for comfortable living, entertaining, and adapting to your evolving needs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017