700 S The Strand #202
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by The Keystone Team | $3,500,000 | |
| Listed by The Keystone Team | |||
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