6
Map
816 53rd Street
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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$1,299,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by RE/MAX Edge | $1,399,000 | |
| Listed by RE/MAX Edge | |||
| Feb 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 29, 2022 | Listed by Fang Fang Realty Inc | $1,488,000 | |
| Listed by Fang Fang Realty Inc | |||
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PRIME LOCATION! Single Family Brick House For Sale in the Heart of Sunset Park!This lovely home features two floors with a finished basement. Property also has a parking garage. The first floor features the living room, dining/kitchen combo, 2 bedrooms, and 1 bathroom. This level also has a legal 13x12 extension. The second floor consists of 2 more bedrooms and 1 bathroom. Property is in good condition. Great location close to the 8th Ave commercial district, with supermarkets, banks, restaurants (in front of famous hot pot restaurant “LaoJie”), and pharmacies all minutes away. Very convenient transportation, a few blocks to N train station and B70 & B11 bus stops. Zoning: R6 C1-3*** Property can be easily converted for commercial use***Property is currently vacant. Perfect for owner use or investments! The manager has listed the unit size as 1040 square feet.
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| Jul 6, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017