59 Pleasant Street
About This Property
Discover a world where architectural grandeur meets magazine-worthy interiors. Situated on a coveted corner lot in Prominence, 59 Pleasant Street is an all-brick, three-story manor designed for the sophisticated buyer who seeks both a curated lifestyle and a high-performing investment.
Unrivaled Privacy & Engineering
Unlike standard frame-built beach homes, this estate is constructed with Insulated Concrete Forms (ICF). This premium engineering provides a whisper-quiet interior and unparalleled thermal efficiency. Inside, a private elevator services all three levels, ensuring this 3,882 sq. ft. floor plan is as accessible as it is elegant.
A True Multi-Family Retreat
The main residence is a sanctuary of comfort, featuring four sprawling bedrooms, each with a private en-suite and covered balcony. The home's most enchanting feature is the expansive private courtyard--a rare outdoor sanctuary for the area--that leads to the detached carriage house. This sophisticated guest suite sits above a two-car garage, offering total independence for VIP guests or as a separate revenue-generating unit.
The ''Big Chill'' Lifestyle
Located just a leisurely stroll from the vibrant pulse of The Big Chill, you have immediate access to world-class dining, boutique shopping, and live concerts. On-site, enjoy two resort-style pools and a premier fitness center. Offered turnkey and impeccably styled with brand-new bespoke furnishings, this property is ready for immediate enjoyment or the 2026 rental season.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017