8 SIDNEY Place #5
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 |
|---|---|---|---|
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Dec 9, 2021 | In contract | - | |
| In contract | |||
| Nov 17, 2021 | Listed | $999,000 | |
| Listed | |||
| | |||
|
The most charming home on the most charming tree-lined street in Brooklyn Heights is now available for sale.Apartment 5 at 8 Sidney Place is the type of home people dream about when fantasizing about living in Brooklyn Heights. This floor-through property is drenched in light from the east and west, and the renovation and layout are to die for. Upon entering the home, you are immediately taken by the open layout featuring a stunning kitchen with a gorgeous island open to a floating staircase which leads to the private roof deck. The kitchen features beautiful new appliances, abundant storage, and plenty of marble counter space. This is all complemented beautifully by the skylights.The kitchen leads to the open dining/living area where you will find a wall of custom built-ins and three eastern-facing windows which allow in gorgeous light and views over the treetops of Sidney Place. There is plenty of room for a dining area and seating for the TV area. Through here you find an extra-large marble bathroom with in-unit laundry. The bedroom is tucked in the back of the home and could accommodate up to a King Size bed. It is pin-drop quiet with the western windows facing over the private gardens of the surrounding townhomes.The finale of this dream home is the incredible private rooftop. Catch amazing sunsets, entertain your guests, and enjoy a peaceful escape that will make you feel like you are the only person in the entire city.Brooklyn Heights is one of the most desirable and established neighborhoods in all of New York City. It is dripping with charm and history. There is fabulous dining, plenty of coffee shops, grocery stores, and fabulous access to express transportation.It doesn't get better than this. Call today to schedule your tour!
| |||
| Jan 10, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by Brown Harris Stevens Brooklyn LLC | $890,000 | |
| Listed by Brown Harris Stevens Brooklyn LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2021
|
1 Bed
|
1 Bath
|
-
|
$1,175,000
1 Bed
1 Bath
|
$1,175,000
01/25/2022
|
Tyler K Whitman
The Agency
| |
|
09/13/2017
|
1 Bed
|
1 Bath
|
-
|
$890,000
1 Bed
1 Bath
|
$890,000
01/10/2018
|
Juliet Braver
Brown Harris Stevens Brooklyn LLC
| |
|
05/16/2016
|
2 Bed
|
1 Bath
|
-
|
$995,000
2 Bed
1 Bath
|
$995,000
08/17/2016
|
Sarah Shuken
Corcoran Group
| |
|
03/18/2014
|
2 Bed
|
1 Bath
|
1100 ft²
|
$1,151,000
2 Bed
1 Bath
1100 ft²
|
$1,151,000
06/30/2014
|
Deborah Rieders
Corcoran Group
| |
|
09/21/2009
|
1 Bed
|
-
|
-
|
$460,000
1 Bed
-
|
$460,000
03/01/2010
|
Juliet Seligson Braver
Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017