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705 Griffith Avenue
About This Property
A comprehensive restoration was completed with exceptional care and intention, focused on preserving the home's original craftsmanship while improving functionality and comfort for today's lifestyle. Historic windows, doors, ceilings, locks, stained glass, and detailed woodwork were carefully retained wherever possible, while major structural and system improvements were addressed throughout the home. Long standing condition items were resolved, safety enhancements were incorporated, and modern conveniences such as improved utility connections, functional storage solutions, and updated bath layouts were seamlessly integrated without compromising architectural integrity.
The interior showcases gracious formal spaces, elegant parlors, and a richly appointed library featuring a fireplace, beamed ceilings, stained glass windows, and custom millwork. Despite its scale and history, the floor plan lives comfortably and feels inviting, making it ideal for both everyday living and entertaining. The R.L. Warren House stands as a carefully preserved architectural landmark, offering timeless character, refined livability, and a legacy that will endure for generations.
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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 |
|---|---|---|---|
| Jun 29, 2026 | No longer available | - | |
| No longer available | |||
| Jan 26, 2026 | Listed by Briggs Freeman Sotheby's Int'l | $2,200,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| Jan 1, 2023 | Sold | ||
| Sold | |||
| Nov 20, 2022 | Listed by Metroplex R.E.Services | $425,000 | |
| Listed by Metroplex R.E.Services | |||
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MULTIPLE OFFERS RECEIVED. HB deadline 11-29-2022 8:30 AM Pleasse inluce form in transaction desk . What a Magnificant JEWEL !!! Historic!!! Registered Landmark Mansion Circa 1897. This was one Grand Home back in its day and it just needs some TLC to restore it to its intended GRANDEUR! 1 Primary Bedroom on each floor! More info to come. A HOLD HARMLESS, located in the transaction desk, must be Signed by the buyers and their agent ,PRIOR TO APPOINTMENT. Please do not walk ON THE DECK, ESPECIALLY THE FRONT AND EAST SIDES. This also has a HUGE floored ATTIC and an HUGE basement! Great HOST house possibilites or corporate retreat? Once in a lifetime opportunity to LIVE a piece of HISTORY!!Check out the acreage too! Sale is goverened by HUD guidelines *****BUYER'S, PLEASE DO NOT VISIT UNATTENDED* Porch has hazards* NO BLIND OFFERS PLEASE. Submit all offers via the Virtual TOUR link and instructions
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| Jan 30, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017