8 SIDNEY Place #5
About This Property
The private roof deck is a special retreat! For those with a green thumb, there is ample gardening space. It is a wonderfully romantic spot to share a glass of wine and watch the sunset over the Manhattan skyline or to invite a crowd to view the fireworks on hot summer nights.
The 5 unit co-op prewar building is well maintained and financially sound with no underlying mortgage. The basement has designated storage areas for each unit, as well as space for bikes and free laundry. Pets are welcome as well.
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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 | |||
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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!
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| Jan 10, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by Brown Harris Stevens Brooklyn LLC | $890,000 | |
| Listed by Brown Harris Stevens Brooklyn LLC | |||
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Located on one of Brooklyn Heights' most beautiful tree-lined quiet blocks sits this meticulously renovated open loft-like one bedroom on the top floor of a Federal style townhouse. Your hideaway awaits as you climb the open floating staircase to your private roof deck oasis. As soon as you walk through the front door you are greeted by plenty of sunshine through the oversized windows and multiple skylights. This pre-war gem offers high ceilings, hardwood floors throughout and an open floor plan perfect for entertaining! The kitchen includes a Carrera marble island, Sub-Zero appliances, built-in microwave, crisp white subway tile and custom built-in wood cabinetry for an amazing amount of storage. There is a split system a/c unit to offer the convenience of controlling your own temperature year round.The renovated bath features Carrera marble throughout including hexagon marble floor tile to keep with the pre-war character, and multiple Kohler shower body sprays to create the ultimate spa-like experience. A tucked away washer/dryer is not to be missed! The private roof deck is a special retreat with ample gardening space for those with a green thumb. It is a wonderfully romantic spot to share a glass of wine and watch the sunset over the Manhattan skyline or to invite a crowd to view the fireworks on hot summer nights. This well maintained 4-unit co-op pre-war building is financially sound with no underlying mortgage. The basement has designated storage areas for each unit, additional laundry, as well as space for bikes. You are minutes from the famed Brooklyn Bridge Park and many restaurants and cafes, and in close proximity to all the major train lines. The building is pet friendly.
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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