86 Visitation Place
About This Property
The owner's triplex is a three-bedroom, three-bathroom layout with high ceilings, skylights, and zoned HVAC. The main floor opens onto a generous living and dining area that flows into a chef's kitchen outfitted with high-end stainless appliances a strong setup for hosting. The primary suite has ample closet space, a Carrara marble bath with double vanity, and a private terrace. Two additional bedrooms share the upper floor with two more marble baths and a dedicated laundry area. Downstairs, a substantial finished basement adds flexible square footage for a media room, gym, or home office. The unit is cuttently occupied on a month to month lease.
Outside, the property includes a garden, two balconies, and a roof terrace meaningful outdoor space at every level of the home.
The second unit is a bright two-bedroom, one-bath with an open living and dining area, a kitchen with stainless appliances, exposed brick, in-unit washer/dryer, and its own HVAC system. It works as a rental, an in-law setup, or separate space for extended family. Currently on a month-to-month lease.
The location puts you in the middle of Red Hook's commercial life on Van Brunt, with the waterfront, Valentino Pier, Pioneer Works, and Fairway all nearby. Transit access includes the B61 bus, the NYC Ferry at Atlantic Basin, F/G service at Smith-9th Street, and quick access to the Brooklyn-Queens Expressway.
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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 |
|---|---|---|---|
| May 21, 2026 | Price Decreased |
$2,600,000
↓ $100K
(3.7%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Realty Collective LLC | $2,700,000 | |
| Listed by Realty Collective LLC | |||
| Jul 20, 2019 | No longer available | - | |
| No longer available | |||
| Jul 10, 2019 | Price Decreased |
$2,400,000
↓ $195K
(7.5%) | |
| Price Decreased | |||
| May 29, 2019 | Price Decreased |
$2,595,000
↓ $105K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017