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586 36th
About This Property
Inside, wide-plank white oak floors flow throughout an open, light-filled floor plan, framed by custom doors and cabinetry, honed marble stone, and artisan tilework at every turn. The chef's kitchen anchors the home with bespoke cabinetry, marble surfaces, and a suite of luxury appliances designed as much for entertaining as for daily life. A striking roofed patio extends the living space outdoors, opening to a private backyard built for California indoor-outdoor living.
Beyond its walls, the location speaks for itself: a short stroll to the Manhattan Beach Pier and world-class beaches. This is a rare chance to secure a brand-new residence in a walk-everywhere setting rarely available to the market. Currently under construction, with anticipated completion in June 2027.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by Realty ONE Group United | $5,700,000 | |
| Listed by Realty ONE Group United | |||
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Listed by Realty One Group West | $2,700,000 | |
| Listed by Realty One Group West | |||
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First time on the market! This fantastic location in the tree streets is currently home to a 3 bedroom, 2 bath bungalow. Inside, you will find a circular floor plan linking living, dining and kitchen spaces. The kitchen features a gas range and breakfast bar. There is a fireplace off the kitchen in a room that has been used for dining or sitting over the years. New carpeting has been laid in all three bedrooms. The spacious primary suite host 2 closets and plenty of sun. You'll find a laundry area tucked off a side hallway, and ample storage space. The rear yard boasts a 3 hole putting green, an easy care paver patio and turf lawn. There is a detached alley-loaded two-car garage - inviting possibilies for ADU conversion or construction. Termite fumigation completed in March 2026.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017