620 Easy Street
About This Property
This unique property on busy Easy Street offers the ultimate convenience and exposure. The site offers high-visibility for business with significant space for expansion. Currently zoned/reverted to residential, featuring a currently occupied manufactured home, plus a separate vacant structure formerly used as a florist. Whether you are looking to build a new business with massive road frontage or seeking a live/work setup, this is the prime location you have been waiting for. Schedule a showing!
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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 |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$399,500
↓ $26K
(6%) | |
| Price Decreased | |||
| Jan 14, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed by JLA Realty | $450,000 | |
| Listed by JLA Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017