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Map
74 Adelphi Street #PH
About This Property
Upon entering the home, you are welcomed by a breath-taking, 35-foot-long great room with an east-facing terrace along its entire length. The open-plan kitchen, with modern appliances and well-positioned island, makes the space perfect for cooking and entertaining. The bedrooms are tucked away and enjoy excellent light, great closet space and access to a second terrace. The master bedroom is en-suite with a stand-up shower and the second bedroom has easy access to another bathroom equipped with a tub.
The penthouse enjoys incredible light and has a very bright and airy feel. The contemporary finishes include white oak floors, high-end stainless steel appliances, central A/C, in-unit WASHER and DRYER and modern bathrooms. A separate STORAGE room in the basement and a private, gated PARKING SPOT at the back of the building are included in the purchase. Finally, enjoy the benefits of a tax abatement until 2033.
This is the first time a unit is being offered for re-sale since the building was completed in 2017. There is easy access to excellent dining and shopping on bustling Myrtle Ave, DeKalb Ave and Fulton Street and Fort Greene Park is only three blocks away. Don't miss your opportunity to own a part of this dynamic, amenity rich and historic neighborhood in Brooklyn. Call today for a private showing!
Images have been virtually staged. All measurements are approximate.
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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 24, 2020 | No longer available | - | |
| No longer available | |||
| Jun 15, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | In contract | - | |
| In contract | |||
| Apr 25, 2020 | Relisted | $1,399,999 | |
| Relisted | |||
| Apr 25, 2020 | Price Decreased |
$1,349,000
↓ $51K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/18/2023
|
2 Bed
|
2 Bath
|
1623 ft²
|
$1,475,000
2 Bed
2 Bath
1623 ft²
|
$1,475,000
07/24/2023
|
Sascha Beicken
The Corcoran Group
| |
|
06/11/2020
|
3 Bed
|
3 Bath
|
1758 ft²
|
$1,575,000
3 Bed
3 Bath
1758 ft²
|
$1,530,000
-2.86%
10/05/2020
|
Jessica Fields
Compass
| |
|
10/02/2019
|
2 Bed
|
2 Bath
|
1463 ft²
|
$1,550,000
2 Bed
2 Bath
1463 ft²
|
$1,225,000
-20.97%
06/15/2020
|
Maria Tabakova
Compass
| |
|
09/16/2016
|
2 Bed
|
2.5 Bath
|
1623 ft²
|
$1,199,000
2 Bed
2.5 Bath
1623 ft²
|
-
05/12/2017
|
Alexander Maroni
Elliman
| |
|
09/19/2016
|
2 Bed
|
2 Bath
|
1052 ft²
|
$899,000
2 Bed
2 Bath
1052 ft²
|
$915,407
+1.83%
05/01/2017
|
Alexander Maroni
Douglas Elliman Real Estate
| |
|
09/19/2016
|
2 Bed
|
3 Bath
|
1758 ft²
|
$1,275,000
2 Bed
3 Bath
1758 ft²
|
$1,283,000
+0.63%
06/19/2017
|
Alexander Maroni
Douglas Elliman Real Estate
| |
|
09/19/2016
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,079,000
2 Bed
2 Bath
1000 ft²
|
$877,939
-18.63%
05/17/2017
|
Alexander Maroni
Douglas Elliman Real Estate
| |
|
09/19/2016
|
2 Bed
|
2 Bath
|
1463 ft²
|
$1,599,000
2 Bed
2 Bath
1463 ft²
|
$1,510,000
-5.57%
04/21/2017
|
Alexander Maroni
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017