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Map
588 JEFFERSON Avenue #NA
About This Property
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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 |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by Nest Seekers LLC | $2,100,000 | |
| Listed by Nest Seekers LLC | |||
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588 Jefferson Avenue is a stately four story three family Brownstone on one of the most highly desired tree-lined blocks in the Stuyvesant Heights section of Bedford Stuyvesant. With over 3300 sq. ft., this home is currently configured as an owner's lower duplex with two one bedroom income producing apartments on the upper floors. The backyard offers endless outdoor entertaining. With all its period charm and character, this home features impeccably preserved original details, hand-carved wood staircases, original hardwood floors, intricate 'wedding cake' icing plaster details, wainscoting, exposed brick, five decorative fireplaces, three skylights, pocket doors, pocket shutters, dramatic high plaster ceilings, ornate ceiling medallions, and crown moldings. This block showcases some of the most stunning collection of 19th-century townhouses in the country. Close proximity to shops, cafes, local favorites such as Saraghina, L'Antagoniste, Nana Ramen, Peaches on Lewis, Beso and Georges Andre Cafe. Easy commute to downtown Brooklyn and Manhattan with the "A" express and "C" local trains on the Utica Avenue stop through Fulton Park. A MUST SEE!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2017
|
7 Bed
|
3 Bath
|
3336 ft²
|
-
7 Bed
3 Bath
3336 ft²
|
$2,100,000
06/01/2018
|
Ban Leow
Halstead Property, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017