85 Flagship Drive #C
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 |
|---|---|---|---|
| Dec 9, 2016 | Sold | ||
| Sold | |||
| Apr 28, 2016 | Listed by Gibson Sotheby's International Realty | $620,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| May 30, 2008 | Sold | ||
| Sold | |||
| Mar 12, 2008 | Listed by Flagship Commercial Real Estate, Inc. | $479,000 | |
| Listed by Flagship Commercial Real Estate, Inc. | |||
| | |||
|
Five units for sale or lease in various sizes. Combination of either office. Warehouse and r & d. Each unit has a loading dock with ample parking. Close to RTEs 495, 93 and 114.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2022
|
Loft
|
2 Bath
|
-
|
$650,000
Loft
2 Bath
|
-
-
|
Sara Vienneau Rappoli
Century 21 North East
| |
|
04/28/2016
|
Loft
|
3 Bath
|
-
|
$620,000
Loft
3 Bath
|
$593,750
-4.23%
12/09/2016
|
Sotheby's Realty Partners
Gibson Sotheby's International Realty
| |
|
11/09/2009
|
Loft
|
-
|
6024 ft²
|
$589,000
Loft
-
6024 ft²
|
$500,000
-15.11%
04/15/2011
|
Henry Carpenito
Flagship Commercial Real Estate, Inc.
| |
|
08/04/2009
|
Loft
|
6 Bath
|
11137 ft²
|
$1,050,000
Loft
6 Bath
11137 ft²
|
$925,000
-11.90%
10/12/2010
|
Henry Carpenito
Flagship Commercial Real Estate, Inc.
| |
|
03/20/2008
|
Loft
|
-
|
6069 ft²
|
$699,000
Loft
-
6069 ft²
|
$566,000
-19.03%
07/16/2009
|
Henry Carpenito
Flagship Commercial Real Estate, Inc.
| |
|
03/12/2008
|
Loft
|
-
|
4508 ft²
|
$479,000
Loft
-
4508 ft²
|
$450,000
-6.05%
05/30/2008
|
Henry Carpenito
Flagship Commercial Real Estate, Inc.
| |
|
09/05/2007
|
Loft
|
-
|
6453 ft²
|
$739,000
Loft
-
6453 ft²
|
$664,000
-10.15%
04/03/2008
|
Henry Carpenito
Flagship Commercial Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017