57 Bond Street #4W
About This Property
With just two apartments per floor, the entry leads you to a spacious corner living room with soaring 10'-6" ceilings and walls of windows overlooking Bond Street and the magical 54 Bond across the tree-lined cobbled street. The exposures north and west fill this home with dreamy light all day long. This living space - perfect for entertaining - leads onto a charming balcony that allows you to view down Bond Street, dotted with some of Manhattans most architecturally desirablebuildings. A sleek, large and functional new Poggenpohl kitchen is equipped with Sub Zero, Miele, and Viking appliances and an abundance of storage and workspace.
A hallway leads to the bedrooms: The Primary Bedroom suite benefits from large closets and a light-filled en suite contemporary bathroom with two sinks, separated. There are two additional bedrooms, each with solid closet space and superb light and exposures, wonderfully set back from the street. There is also a full-sized washer/dryer,hardwood floors, and a sound system feature throughout.
The building benefits from a high-tech 'virtual doorman' system that rings you on your phone with a camera to see who is calling and then allows you to have them access the building and your apartment if so desired. This provides most of the benefits and security of a physical doorman without the prohibitive costs. The location of this well-run humanly-scaled building is as convenient as it gets with every mode of transportation, the widest variety of restaurants, retail, the Bowery Hotel, Whole Foods, etc all within moments of your front door.
There is an on-going assessment until the end of 2023 of $388.76 per month for the lobby and elevator cab renovation along with other spare cash on hand if need be
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 25, 2021 | No longer available | - | |
No longer available | |||
Jun 25, 2021 | Sold | $4,050,000 | |
Sold | |||
Apr 12, 2021 | In contract | - | |
In contract | |||
Mar 11, 2021 | Listed by Compass | $4,000,000 | |
Listed by Compass | |||
Oct 15, 2003 | Sold to Daniel T Jr Napoli | $1,501,920 | |
Sold to Daniel T Jr Napoli |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/11/2021
|
3 Bed
|
3 Bath
|
2110 ft²
|
$4,000,000
3 Bed
3 Bath
2110 ft²
|
$4,050,000
+1.25%
06/23/2021
|
Leonard Steinberg
Compass
|
||
09/23/2014
|
3 Bed
|
2 Bath
|
2125 ft²
|
$4,150,000
3 Bed
2 Bath
2125 ft²
|
$4,142,500
-0.18%
01/09/2015
|
Noble Black
Douglas Elliman Real Estate
|
Building Info
About Downtown Manhattan
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