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63 Irving Place
About This Property
Clinton Hill is one of Brooklyn's most desirable and architecturally rich neighborhoods, known for its historic charm, wide streets, and vibrant community atmosphere. The area offers convenient access to Fort Greene Park, Myrtle Avenue, and a variety of acclaimed restaurants, cafes, and neighborhood shops. Nearby cultural and educational institutions, along with community gardens and local amenities, contribute to the area's strong residential appeal. Transportation is easily accessible via the C and G subway lines and multiple bus routes, providing a smooth commute to Manhattan and other parts of Brooklyn.
This property presents a rare opportunity in a well-established neighborhood where demand for quality housing remains high.
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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 4, 2026 | Relisted | $499,999 | |
| Relisted | |||
| Jul 2, 2026 | No longer available | - | |
| No longer available | |||
| Jan 13, 2026 | Listed by Mitra Hakimi Realty Group LLC | $499,999 | |
| Listed by Mitra Hakimi Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017