62 Derby Street #13
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 |
|---|---|---|---|
| Feb 1, 2021 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Vincent Albanese | $350,000 | |
| Listed by Vincent Albanese | |||
| | |||
|
Rare offering for office condo unit at 62 Derby Street. Ideal counseling center or law office. Just off Exit 3 adjacent to Derby Shops. Signalized access.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/29/2022
|
Loft
|
-
|
-
|
$499,000
Loft
-
|
$450,000
-9.82%
07/29/2022
|
Katrina McGrail
South Shore Sotheby's International Realty
| |
|
08/17/2020
|
Loft
|
-
|
1575 ft²
|
$350,000
Loft
-
1575 ft²
|
$340,000
-2.86%
12/08/2020
|
Vincent Albanese
Vincent Albanese
| |
|
08/14/2020
|
Loft
|
-
|
1575 ft²
|
$350,000
Loft
-
1575 ft²
|
$335,000
-4.29%
02/01/2021
|
Vincent Albanese
Vincent Albanese
| |
|
10/15/2007
|
Loft
|
-
|
1578 ft²
|
$339,000
Loft
-
1578 ft²
|
$305,000
-10.03%
12/21/2007
|
Francesca Lavalle Iannessa
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017