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623 Park Shore Drive
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 |
|---|---|---|---|
| May 29, 2026 | Listed by Premier Sotheby's Int'l Realty | $5,500,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
| May 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 6, 2026 | Listed by Premiere Plus Realty Company | $5,997,000 | |
| Listed by Premiere Plus Realty Company | |||
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Exuding refined luxury at every turn, this newly constructed 4-bedroom plus den, 4.5-bath estate home offers an extraordinary blend of modern elegance and effortless indoor-outdoor living. Centered around a spectacular rear-north-facing outdoor retreat, the residence features a resort-style saltwater pool with cascading water features, a gas-heated spa, a sunken fire pit lounge, marble lanai pavers, and a fully appointed outdoor kitchen. A covered entertainment area with a gas fireplace, recessed TV wall, and motorized screens creates a seamless year-round sanctuary.
Inside, the home showcases French oak flooring, soaring custom ceilings, an impressive 18-foot foyer, linear A/C vents, recessed lighting, and a dramatic great room anchored by a bespoke entertainment wall. The chef’s kitchen elevates the space with a mitered-edge quartz island, Woodharbor soft-close cabinetry, Wolf appliances, a Bosch dishwasher, and a beautifully designed wet bar. The den off the lanai offers a quiet, refined workspace.
Three guest ensuites feature luxurious zero-entry showers and frameless glass, while the primary suite offers two customizable walk-in closets, dual quartz vanities, a freestanding tub, and an expansive zero-entry shower with a quartz bench and wood-wrapped mirrors.
Built with uncompromising quality, the home includes Andersen impact windows and sliders, mahogany entry doors, a flat tile roof, a 27 kW whole-house generator, high-efficiency HVAC systems, and an oversized three-car garage with 14-foot ceilings ideal for car lifts. A truly exceptional residence that defines luxury living.
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| Jul 10, 2023 | Sold | ||
| Sold | |||
| Jul 3, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017