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753 E 5TH Street #4C
About This Property
Tucked just beyond the lively energy of the East Village, this home provides a peaceful retreat while keeping you close to the action. Enjoy nearby favorites like Tompkins Square Park, Tompkins Square Bagels, Bobwhite Counter, Pardon My French, Lamia's Fish Market, Clinton Street Baking Co., Katz's Deli, Supper, and Poco-just to name a few. The options for dining, entertainment, and exploration are nearly endless!
Commuting is simple with convenient access to multiple bus routes, CitiBike stations, and the F, J, M, and Z subway lines located at the nearby Delancey & Essex Street station. The newly redesigned Essex Market is just a short walk away, and the FDR Drive offers seamless connections north and south.
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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%.
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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.
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 11, 2024 | Listed by Corcoran Group | $750,000 | |
Listed by Corcoran Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/26/2020
|
2 Bed
|
2 Bath
|
-
|
$1,299,000
2 Bed
2 Bath
|
$950,000
-26.87%
09/17/2021
|
-
|
Erin Stabb
Compass
| |
04/24/2017
|
2 Bed
|
2 Bath
|
722 ft²
|
$800,000
2 Bed
2 Bath
722 ft²
|
$800,000
10/18/2017
|
-
|
Brian Giambalvo
Citi Habitats
| |
05/20/2016
|
2 Bed
|
2 Bath
|
722 ft²
|
$810,000
2 Bed
2 Bath
722 ft²
|
$810,000
02/05/2021
|
-
|
Eugene Kopman
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
05/07/2015
|
2 Bed
|
2 Bath
|
867 ft²
|
$915,000
2 Bed
2 Bath
867 ft²
|
$915,000
02/05/2021
|
-
|
Eugene Kopman
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
06/18/2013
|
2 Bed
|
2 Bath
|
750 ft²
|
$660,000
2 Bed
2 Bath
750 ft²
|
$660,000
06/18/2013
|
-
|
Jon Amundsen
The Corcoran Group
| |
06/04/2013
|
2 Bed
|
2 Bath
|
881 ft²
|
$850,000
2 Bed
2 Bath
881 ft²
|
$780,000
-8.24%
02/05/2014
|
-
|
Maryanne Cotter
Prudential Douglas Elliman Real Estate
| |
07/13/2011
|
2 Bed
|
2 Bath
|
750 ft²
|
$690,000
2 Bed
2 Bath
750 ft²
|
$690,000
06/10/2013
|
-
|
Maryanne Cotter
Prudential Douglas Elliman Real Estate
|
Building Info
- 10 Units
- 2 Units for Sale

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