840 PARK Avenue #11A
About This Property
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 12, 2019 | Sold | $3,100,000 | |
Sold | |||
Mar 2, 2021 | No longer available | - | |
No longer available | |||
Mar 1, 2021 | Sold | $2,999,000 | |
Sold | |||
Jan 20, 2021 | Sold to Doon Arbus | $2,999,000 | |
Sold to Doon Arbus | |||
Jun 24, 2020 | In contract | - | |
In contract |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/30/2023
|
4 Bed
|
5 Bath
|
-
|
$9,750,000
4 Bed
5 Bath
|
$9,115,000
-6.51%
10/02/2024
|
-
|
Alexander Boriskin
Prudential Douglas Elliman Real Estate
|
|
10/12/2021
|
3 Bed
|
2 Bath
|
-
|
$2,995,000
3 Bed
2 Bath
|
$2,725,000
-9.02%
05/25/2022
|
-
|
Edith Tuckerman
Brown Harris Stevens Residential Sales LLC
|
|
02/14/2020
|
2 Bed
|
3 Bath
|
-
|
$3,495,000
2 Bed
3 Bath
|
$2,999,000
-14.19%
03/01/2021
|
-
|
Mary Kent
Sothebys International Realty
|
|
10/23/2019
|
4 Bed
|
5 Bath
|
-
|
$10,000,000
4 Bed
5 Bath
|
$8,330,000
-16.70%
04/03/2022
|
-
|
John Burger
Brown Harris Stevens
|
|
01/24/2018
|
3 Bed
|
3 Bath
|
2000 ft²
|
$4,295,000
3 Bed
3 Bath
2000 ft²
|
$3,800,000
-11.53%
08/07/2018
|
-
|
Nancy Piraquive
Brown Harris Stevens
|
|
10/25/2017
|
2 Bed
|
3 Bath
|
2400 ft²
|
$5,795,000
2 Bed
3 Bath
2400 ft²
|
$3,100,000
-46.51%
09/11/2019
|
-
|
Mary Kent
Sothebys International Realty
|
|
05/26/2015
|
3 Bed
|
2 Bath
|
-
|
$4,395,000
3 Bed
2 Bath
|
$4,200,000
-4.44%
02/05/2021
|
-
|
Jane R. Andrews
Warburg Realty Partnership, Ltd.
|
|
08/22/2012
|
4 Bed
|
4.5 Bath
|
-
|
$8,850,000
4 Bed
4.5 Bath
|
$8,850,000
02/05/2021
|
-
|
Nancy Elias
Brown Harris Stevens Residential Sales LLC
|
|
03/05/2010
|
5 Bed
|
4 Bath
|
-
|
$9,250,000
5 Bed
4 Bath
|
$9,250,000
02/05/2021
|
-
|
Mary Rutherfurd
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 20 Units
- 1 Unit for Sale