88 Broadway #PH4
About This Property
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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%.
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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.
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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 10, 2026 | Listed by Giner Real Estate Inc. | $590,000 | |
| Listed by Giner Real Estate Inc. | |||
| |||
|
Love the NYC loft lifestyle, but not the NYC-sized floor plan—or price tag? Welcome to The Penthouse. Set within a reimagined historic 1820s schoolhouse, this dramatic tri-level penthouse loft delivers the attitude of a downtown loft with the space, light and breathing room Manhattan forgot to include. The result? Something seriously cool—and anything but ordinary.
The Entertaining Level sets the tone with soaring volume, exposed brick elements, original wood beams, exposed copper piping, hardwood floors and distinctive low-set windows that help fill the space with natural light. An elevated kitchen with granite counters and stainless-steel appliances overlooks the expansive open-concept living and dining area, creating one incredible backdrop for entertaining or simply hanging out at home. A powder room completes the level.
Then there’s The Loft—perched above and overlooking the entertaining space below. Skylights bring in even more natural light, while the open design gives you a completely different perspective on the architecture of The Penthouse. Home office, studio, lounge, reading retreat or creative escape—it’s the kind of flexible space that makes loft living so much fun.
The Private Level changes gears completely. Two generously sized bedrooms each enjoy their own private en-suite bath. The oversized primary suite features a huge walk-in closet and spacious bath with double sinks and a jetted whirlpool tub. The second bedroom has its own beautifully refreshed en-suite bath with brand-new tile. In-unit laundry is conveniently tucked into this level as well.
And here’s something you won’t see in the photos: some of the most impressive improvements in The Penthouse are hidden behind the finished walls. Extensive sound-control upgrades were incorporated into select walls and ceilings using additional framing and separation, ROCKWOOL mineral-wool insulation, spray foam and heavier 5/8-inch drywall. The primary-bedroom ceiling received its own extensive insulated assembly, all designed with acoustic comfort and reduced sound transmission in mind. Drenched in natural light? Absolutely. Drenched in noise? This renovation took that on from the inside out.
And then there’s Ossining. Hudson River waterfront parks, marinas, downtown shops and cafes, the Old Croton Aqueduct Trail and Metro-North are all nearby—giving you the space and character of Hudson Valley living without giving up your connection to NYC.
And when Manhattan calls? Metro-North express service can have you at Grand Central in under 50 minutes.
Two assigned parking spaces and dedicated private storage round it all out—two more things Manhattan generally forgets to include.
Historic character. Downtown attitude. Suburban breathing room. Three incredible levels. Serious sound-control improvements. This isn’t another suburban condo. This is The Penthouse—and that’s exactly the point.
| |||
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Houlihan Lawrence Inc. | $500,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| |||
|
Discover this stunning penthouse in Ossining’s landmark 1820s schoolhouse conversion, where SoHo loft vibes blend with Hudson Valley charm. With dramatic architectural lines including soaring ceilings, exposed brick, wood beams, copper piping, and clerestory windows, every detail tells a story. The open-concept main level features a sunlit living room, elevated kitchen with granite counters and stainless appliances, and a designer half bath. Upstairs, a loft provides the perfect flex space for an office or guest area. The lower level offers two ensuite bedrooms with high ceilings and oversized windows, including a spacious primary suite with walk-in closet and spa-inspired bath. Private washer and dryer in home and on-site storage. Two assigned parking spaces included. Within a few blocks to the shops, cafes, Metro-North, Ossining’s beautiful Hudson Riverfront with marinas, Old Croton Aqueduct Trail, and Ossining’s vibrant downtown scene.
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| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2026
|
2 Bed
|
2 Bath
|
1245 ft²
|
$469,900
2 Bed
2 Bath
1245 ft²
|
-
-
|
Anthony F. Lando
Julia B Fee Sothebys Int. Rlty
| |
|
03/05/2026
|
2 Bed
|
2 Bath
|
1332 ft²
|
$538,888
2 Bed
2 Bath
1332 ft²
|
$540,000
+0.21%
06/08/2026
|
Robert Lowenthal
Coldwell Banker Res Brokerage
| |
|
11/11/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$500,000
2 Bed
2 Bath
1178 ft²
|
$500,000
01/20/2026
|
Lauren Zaccaria
Houlihan Lawrence Inc.
| |
|
05/03/2025
|
2 Bed
|
2 Bath
|
1102 ft²
|
$560,000
2 Bed
2 Bath
1102 ft²
|
-
-
|
Sandra Santos-Lacey
Coldwell Banker Res Brokerage
| |
|
02/12/2025
|
3 Bed
|
2 Bath
|
1226 ft²
|
$550,000
3 Bed
2 Bath
1226 ft²
|
$550,000
05/12/2025
|
Marc Meisel
Oxford Property Group USA
| |
|
05/20/2024
|
2 Bed
|
3 Bath
|
-
|
$469,900
2 Bed
3 Bath
|
$510,000
+8.53%
08/09/2024
|
Sandra Santos-Lacey
Coldwell Banker Res Brokerage
| |
|
05/09/2024
|
2 Bed
|
2 Bath
|
1025 ft²
|
$399,000
2 Bed
2 Bath
1025 ft²
|
$390,000
-2.26%
09/05/2024
|
Joseph T Crim
Charles Rutenberg Realty, Inc.
| |
|
08/07/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$395,000
2 Bed
2 Bath
1178 ft²
|
$425,000
+7.59%
10/18/2023
|
Suzanne Welch
Coldwell Banker Res Brokerage
| |
|
10/20/2022
|
3 Bed
|
2 Bath
|
1226 ft²
|
$495,000
3 Bed
2 Bath
1226 ft²
|
$490,000
-1.01%
02/13/2023
|
Elizabeth Hargraves
Julia B Fee Sothebys Int. Rlty
| |
|
10/30/2021
|
2 Bed
|
2 Bath
|
-
|
$340,000
2 Bed
2 Bath
|
$335,000
-1.47%
02/25/2022
|
Christina Damiano
Joseph Baratta Company Realty
| |
|
07/22/2020
|
3 Bed
|
3 Bath
|
-
|
$415,000
3 Bed
3 Bath
|
$415,000
11/12/2020
|
Andrew Korb
Houlihan Lawrence Inc.
| |
|
12/09/2019
|
3 Bed
|
2 Bath
|
-
|
$380,000
3 Bed
2 Bath
|
$375,000
-1.32%
03/03/2020
|
BRENDA TIMM
COLDWELL BANKER RESIDENTIAL CR
| |
|
09/16/2019
|
2 Bed
|
2 Bath
|
1333 ft²
|
$385,000
2 Bed
2 Bath
1333 ft²
|
$395,000
+2.60%
01/03/2020
|
Nancy Kennedy
Houlihan Lawrence Inc.
| |
|
06/13/2019
|
2 Bed
|
2 Bath
|
1332 ft²
|
$369,000
2 Bed
2 Bath
1332 ft²
|
$365,000
-1.08%
09/06/2019
|
BRENDA TIMM
COLDWELL BANKER RESIDENTIAL CR
| |
|
01/10/2018
|
2 Bed
|
2 Bath
|
1127 ft²
|
$296,000
2 Bed
2 Bath
1127 ft²
|
$321,000
+8.45%
06/27/2018
|
Lauren Zaccaria
Houlihan Lawrence Inc.
| |
|
01/30/2016
|
2 Bed
|
2 Bath
|
1025 ft²
|
$269,000
2 Bed
2 Bath
1025 ft²
|
$269,000
09/12/2016
|
Phyllis Lerner
William Raveis Legends Realty
| |
|
02/14/2012
|
2 Bed
|
2 Bath
|
1245 ft²
|
$245,000
2 Bed
2 Bath
1245 ft²
|
$223,000
-8.98%
06/06/2012
|
William Ford Sussman
Coldwell Banker Residential Brokerage
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017