702 45th Street #4I
About This Property
Building facade and roof has been fully renovated this year. Common areas of the coop feature laundry room with new washers and dryers and bike storage. No charge for individual storage bin in the basement. Live-in super. Cats and small dogs friendly. Building is located one block from the park with great New York harbor, Manhattan skyline and sunset views. Park features Olympic size swimming pool, well equipped gym, recreational center, artificial grass soccer field and sprinkler park. The entrance to the beautiful waterfront park at the Bush Terminal at 43rd Street and 1st Avenue is minutes away, as well as Industry City where you can enjoy great shopping, entertainment and best artisan food that Brooklyn may offer. Easy 20 minutes commute to Manhattan and convenient access to subway D train only 5 minutes away. Very close to 8th Ave shopping district and local coffee shops.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2021 | No longer available | - | |
| No longer available | |||
| Jun 29, 2021 | Sold | ||
| Sold | |||
| Apr 19, 2021 | In contract | - | |
| In contract | |||
| Mar 18, 2021 | Listed by Corcoran Group | $675,000 | |
| Listed by Corcoran Group | |||
| Nov 20, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2024
|
3 Bed
|
1 Bath
|
900 ft²
|
$765,000
3 Bed
1 Bath
900 ft²
|
$750,000
-1.96%
06/23/2025
|
Charles Pigott
Corcoran Group
| |
|
10/17/2024
|
2 Bed
|
1 Bath
|
-
|
$409,000
2 Bed
1 Bath
|
-
-
|
Zehava Friedman
Coldwell Banker Commercial AMH
| |
|
10/03/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$399,000
1 Bed
1 Bath
700 ft²
|
$399,000
02/25/2025
|
Joanna Marks
Brown Harris Stevens Brooklyn LLC
| |
|
07/18/2023
|
2 Bed
|
1 Bath
|
-
|
$529,000
2 Bed
1 Bath
|
-
-
|
Zehava Friedman
Coldwell Banker Commercial AMH
| |
|
06/09/2022
|
3 Bed
|
1 Bath
|
900 ft²
|
$599,000
3 Bed
1 Bath
900 ft²
|
$599,000
09/12/2022
|
Piotr Bracichowicz
Corcoran Group
| |
|
08/29/2021
|
3 Bed
|
1 Bath
|
800 ft²
|
$599,000
3 Bed
1 Bath
800 ft²
|
-
-
|
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
| |
|
05/12/2021
|
3 Bed
|
1 Bath
|
900 ft²
|
$378,000
3 Bed
1 Bath
900 ft²
|
$379,000
+0.26%
12/22/2014
|
Michaela Morton
Compass
| |
|
03/18/2021
|
3 Bed
|
1 Bath
|
900 ft²
|
$675,000
3 Bed
1 Bath
900 ft²
|
$700,000
+3.70%
06/29/2021
|
Piotr Bracichowicz
Corcoran Group
| |
|
08/07/2020
|
2 Bed
|
1 Bath
|
700 ft²
|
$469,000
2 Bed
1 Bath
700 ft²
|
-
-
|
Tiffany Y Feng
Empire State Realty Services
| |
|
07/21/2020
|
3 Bed
|
1 Bath
|
800 ft²
|
$669,000
3 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
1 Bath
|
-
|
$489,000
2 Bed
1 Bath
|
-
-
|
Xiaoyi Shi
Keller Williams Rty Gold Coast
| |
|
10/07/2016
|
3 Bed
|
1 Bath
|
900 ft²
|
$595,000
3 Bed
1 Bath
900 ft²
|
$596,000
+0.17%
01/18/2017
|
Carson Alexander
Triplemint
| |
|
03/23/2016
|
3 Bed
|
1 Bath
|
-
|
$575,000
3 Bed
1 Bath
|
$575,000
08/01/2016
|
Joanna Marks
Brown Harris Stevens Brooklyn LLC
| |
|
07/08/2015
|
1 Bed
|
1 Bath
|
650 ft²
|
$345,000
1 Bed
1 Bath
650 ft²
|
$345,000
02/04/2016
|
Joanna Marks
Brown Harris Stevens Brooklyn LLC
|
Building Info
About South Brooklyn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017