700 S The Strand #103
About This Property
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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%.
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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.
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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 15, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by Compass | $1,500,000 | |
| Listed by Compass | |||
| |||
|
700 South Strand premier ocean front address! Ocean front luxury condominium with breathtaking panoramic views from entire living area! Spacious master ensuite that opens into private deck. Gorgeous kitchen with stainless steel appliances, modern cabinetry, island seating and tile backsplash. Gated patio that gives you direct access to the Strand. This is truly coastal living at its finest! Conveniently located near shops, restaurants, and the pier harbor and train station. Neighborhoods: The Strand Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Dec 14, 2017 | Listed by Compass | $1,500,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/25/2026
|
2 Bed
|
2 Bath
|
1389 ft²
|
$2,099,000
2 Bed
2 Bath
1389 ft²
|
$2,099,000
10/02/2026
|
Lindsay Himmel
First Team Real Estate
| |
|
09/03/2025
|
3 Bed
|
3 Bath
|
2327 ft²
|
$3,500,000
3 Bed
3 Bath
2327 ft²
|
$3,475,000
-0.71%
10/20/2025
|
Cyrus Mohseni
The Keystone Team
| |
|
05/13/2024
|
3 Bed
|
4 Bath
|
2327 ft²
|
$3,242,000
3 Bed
4 Bath
2327 ft²
|
$2,627,500
-18.95%
02/04/2025
|
Mark Witte
eXp Realty of California Inc
| |
|
02/15/2022
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,850,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
Jan Horn
Coldwell Banker West
| |
|
09/04/2020
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,625,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
08/25/2020
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,595,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
06/19/2020
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,500,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
04/17/2020
|
3 Bed
|
3 Bath
|
1850 ft²
|
$1,795,000
3 Bed
3 Bath
1850 ft²
|
$1,775,000
-1.11%
08/24/2020
|
John Beran
Shafran Realty Group
| |
|
02/28/2020
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,625,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
02/24/2020
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,595,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
04/16/2019
|
3 Bed
|
4 Bath
|
1850 ft²
|
$1,995,000
3 Bed
4 Bath
1850 ft²
|
-
-
|
-
| |
|
08/28/2019
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,669,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
08/26/2019
|
3 Bed
|
3 Bath
|
2327 ft²
|
$2,599,000
3 Bed
3 Bath
2327 ft²
|
$2,450,000
-5.73%
09/28/2020
|
Robert Baker
Laguna Properties
| |
|
02/26/2019
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,745,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
02/28/2019
|
2 Bed
|
3 Bath
|
1389 ft²
|
$1,773,000
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
11/05/2018
|
2 Bed
|
2 Bath
|
1387 ft²
|
$1,549,000
2 Bed
2 Bath
1387 ft²
|
$1,450,000
-6.39%
02/01/2019
|
Alvin Greenwalt
Alvin Greenwalt, Broker
| |
|
05/09/2018
|
2 Bed
|
3 Bath
|
1389 ft²
|
-
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
| |
|
12/14/2017
|
2 Bed
|
2 Bath
|
1389 ft²
|
$1,500,000
2 Bed
2 Bath
1389 ft²
|
$1,500,000
05/15/2018
|
Patrick Marelly
Compass
| |
|
07/08/2017
| |
2 Bed
|
3 Bath
|
1389 ft²
|
-
2 Bed
3 Bath
1389 ft²
|
-
-
|
-
|
|
02/03/2017
|
3 Bed
|
3 Bath
|
2327 ft²
|
$2,294,000
3 Bed
3 Bath
2327 ft²
|
$2,240,000
-2.35%
06/29/2017
|
Lori Asaro
CityMark Realty
| |
|
10/22/2016
|
3 Bed
|
3 Bath
|
2327 ft²
|
$2,299,900
3 Bed
3 Bath
2327 ft²
|
$2,242,500
-2.50%
02/15/2017
|
Lori Asaro
CityMark Realty
| |
|
06/17/2016
|
2 Bed
|
2 Bath
|
1387 ft²
|
$1,299,900
2 Bed
2 Bath
1387 ft²
|
$1,321,000
+1.62%
09/11/2016
|
Lori Asaro
CityMark Realty
| |
|
05/22/2016
|
2 Bed
|
2 Bath
|
1387 ft²
|
$1,349,900
2 Bed
2 Bath
1387 ft²
|
$1,300,000
-3.70%
11/16/2016
|
Lori Asaro
CityMark Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017