970 Kent Avenue #401
About This Property
Ask us about the favorable 5.625% interest rate by our preferred lender plus, 10% down offers accepted.
The Kent Condominiums. Residence 401, nestled within a converted industrial building turned condominium in 2006, offers a unique blend of historic charm and contemporary luxury.
Spanning nearly 1000 square feet, this spacious light-filled loft one-bedroom (or flex two-bedroom) residence boasts soaring 12-foot ceilings and an open living and dining area, perfect for both relaxation and entertaining.
Enjoy sweeping panoramic views of the city skyline and open skies, with the added bonus of frequent rainbow sightings – truly a sight to behold. With open exposures capturing the city skyline afar and the tranquil treetops nearby, every glance out the window is refreshing.
You'll find the ultimate in comfort and convenience with two full bathrooms, one en suite, featuring upgraded Kohler faucets, and showerheads, glass shower enclosures, custom cabinetry, large walk-in closets, and plenty of storage space throughout. You won't need additional storage, although it is offered in the building.
Meticulously maintained by its original owners, the open-concept kitchen offers ample storage space, stainless steel appliances, and directional track lighting.
This home is equipped with a full-sized Bosch washer and dryer for added convenience.
Outside your private space, you'll discover a wealth of amenities, including a fitness center, children's playroom, bike storage, and the attentive services of a dedicated property manager and full-time doorman.
Take in the sizable outdoor courtyard, complete with a walking path, manicured greenery, and a large patio with new furnishings, providing the perfect backdrop for relaxation and socializing.
Located on the border of Clinton Hill and Bed Stuy, The Kent Condominium offers the best of both worlds – the tranquility of tree-lined streets and the vibrancy of popular restaurants, shops, and transit options just moments away. Commuting to the city is as close as three blocks away with the G train, and convenient parking is available in a nearby garage located on the same street.
Don't miss your chance to call 970 Kent home. Please note that there is an ongoing special assessment of $250.76/month, ensuring continued maintenance and consistent building improvements.
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 29, 2024 | In contract | - | |
In contract | |||
Sep 5, 2024 | Relisted | $999,999 | |
Relisted | |||
Aug 3, 2024 | No longer available | - | |
No longer available | |||
Jul 16, 2024 | Price Decreased |
$1,099,000
↓ $26K
(2.3%)
|
|
Price Decreased | |||
Apr 29, 2024 | Listed by Compass | $1,125,000 | |
Listed by Compass |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/01/2024
|
2 Bed
|
3 Bath
|
1327 ft²
|
$1,495,000
2 Bed
3 Bath
1327 ft²
|
$1,485,000
-0.67%
06/21/2024
|
-
|
Danielle Nazinitsky
Compass
|
|
01/31/2024
|
1 Bed
|
2 Bath
|
1008 ft²
|
$1,150,000
1 Bed
2 Bath
1008 ft²
|
$965,000
-16.09%
10/29/2024
|
-
|
Gerald Magpily
Nest Seekers LLC
|
|
11/14/2023
|
1 Bed
|
2 Bath
|
-
|
$1,098,000
1 Bed
2 Bath
|
-
-
|
-
|
Etan Hakimi
Mitra Hakimi Realty Group LLC
|
|
10/16/2023
|
2 Bed
|
2 Bath
|
1008 ft²
|
$1,125,000
2 Bed
2 Bath
1008 ft²
|
$1,180,000
+4.89%
01/16/2024
|
-
|
Debra Bondy
The Corcoran Group
|
|
09/13/2023
|
2 Bed
|
2 Bath
|
-
|
$1,125,000
2 Bed
2 Bath
|
$1,125,000
12/08/2023
|
Michael Kahler
Douglas Elliman Real Estate
|
||
09/06/2023
|
2 Bed
|
2 Bath
|
1034 ft²
|
$999,000
2 Bed
2 Bath
1034 ft²
|
$970,000
-2.90%
04/15/2024
|
-
|
Zoya Litinetskaya
Compass
|
|
06/06/2023
|
2 Bed
|
2 Bath
|
987 ft²
|
$1,125,000
2 Bed
2 Bath
987 ft²
|
$1,150,000
+2.22%
08/18/2023
|
Tali Berzak
Compass
|
||
04/06/2023
|
2 Bed
|
2 Bath
|
-
|
$1,150,000
2 Bed
2 Bath
|
$1,175,000
+2.17%
08/25/2023
|
Brian Earley
Compass
|
||
01/26/2023
|
2 Bed
|
2 Bath
|
941 ft²
|
$1,100,000
2 Bed
2 Bath
941 ft²
|
$1,140,000
+3.64%
04/18/2023
|
Danielle Nazinitsky
Compass
|
||
09/07/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,150,000
2 Bed
2 Bath
1000 ft²
|
$1,075,000
-6.52%
12/19/2022
|
Maria Rodriguez
Compass
|
||
04/26/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$999,000
2 Bed
2 Bath
1000 ft²
|
$1,221,900
+22.31%
08/16/2022
|
Jessica J Perrizo
Compass
|
||
04/05/2022
|
1 Bed
|
2 Bath
|
1034 ft²
|
$1,100,000
1 Bed
2 Bath
1034 ft²
|
$1,127,500
+2.50%
07/21/2022
|
Leslie Mintzer
Brown Harris Stevens Residential Sales LLC
|
||
03/16/2022
|
1 Bed
|
2 Bath
|
1013 ft²
|
$899,000
1 Bed
2 Bath
1013 ft²
|
$840,000
-6.56%
07/29/2022
|
-
|
Maria Toro
Corcoran Group
|
|
03/07/2022
|
2 Bed
|
2 Bath
|
1226 ft²
|
$1,149,000
2 Bed
2 Bath
1226 ft²
|
$1,149,000
05/27/2022
|
Danielle Mickiewicz
Compass
|
||
02/10/2022
|
2 Bed
|
2 Bath
|
-
|
$995,000
2 Bed
2 Bath
|
$1,005,000
+1.01%
05/26/2022
|
-
|
Ian Rubinstein
Redfin Real Estate
|
|
01/03/2022
|
2 Bed
|
2 Bath
|
-
|
$949,000
2 Bed
2 Bath
|
$1,026,500
+8.17%
04/13/2022
|
Greg Mire
Compass
|
||
11/29/2021
|
2 Bed
|
2 Bath
|
1002 ft²
|
$949,000
2 Bed
2 Bath
1002 ft²
|
$949,000
02/17/2022
|
Daniel Fried
Douglas Elliman Real Estate
|
||
06/21/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$975,000
2 Bed
2 Bath
1000 ft²
|
$950,000
-2.56%
04/25/2022
|
Todd Vitolo
Compass
|
||
05/25/2021
|
2 Bed
|
2 Bath
|
928 ft²
|
$925,000
2 Bed
2 Bath
928 ft²
|
$890,000
-3.78%
01/12/2022
|
-
|
Stefanie Barlow
The Corcoran Group
|
|
04/28/2021
|
2 Bed
|
2 Bath
|
1226 ft²
|
$1,000,000
2 Bed
2 Bath
1226 ft²
|
$1,155,000
+15.50%
07/15/2021
|
Andrea Wells
Compass
|
||
04/22/2021
|
1 Bed
|
2 Bath
|
984 ft²
|
$900,000
1 Bed
2 Bath
984 ft²
|
$950,000
+5.56%
07/07/2021
|
Alice Corporan
Daniel Gale Sotheby's International Realty
|
||
09/24/2020
|
2 Bed
|
2 Bath
|
987 ft²
|
$877,000
2 Bed
2 Bath
987 ft²
|
$877,500
+0.06%
05/21/2021
|
Rita Kee
Compass
|
||
09/23/2020
|
2 Bed
|
2 Bath
|
-
|
$925,000
2 Bed
2 Bath
|
$905,000
-2.16%
02/25/2021
|
-
|
Albiona Zhubi
Corcoran Group
|
|
09/22/2020
|
1 Bed
|
2 Bath
|
950 ft²
|
$895,000
1 Bed
2 Bath
950 ft²
|
$880,000
-1.68%
02/04/2021
|
Kelsey Hiscano
Compass
|
||
03/05/2020
|
1 Bed
|
2 Bath
|
1001 ft²
|
$899,000
1 Bed
2 Bath
1001 ft²
|
$867,500
-3.50%
07/08/2020
|
Eve Levine
Corcoran Group
|
||
11/11/2019
|
Studio
|
2 Bath
|
1016 ft²
|
$925,000
Studio
2 Bath
1016 ft²
|
$759,000
-17.95%
03/17/2021
|
-
|
Rodney Ripps
Halstead Property, LLC
|
|
04/16/2019
|
1 Bed
|
2 Bath
|
1008 ft²
|
$915,000
1 Bed
2 Bath
1008 ft²
|
$900,000
-1.64%
08/23/2019
|
Stan Montfort
Serhant LLC
|
||
01/23/2019
|
1 Bed
|
2 Bath
|
984 ft²
|
$895,000
1 Bed
2 Bath
984 ft²
|
$880,000
-1.68%
04/02/2019
|
Albiona Zhubi
Corcoran Group
|
||
07/10/2018
|
1 Bed
|
2 Bath
|
1000 ft²
|
$935,000
1 Bed
2 Bath
1000 ft²
|
$808,000
-13.58%
03/01/2019
|
Marvin Chu
Corcoran Group
|
||
04/27/2018
|
2 Bed
|
2 Bath
|
1212 ft²
|
$1,175,000
2 Bed
2 Bath
1212 ft²
|
$1,125,000
-4.26%
08/13/2018
|
Ariane Dembs
Corcoran Group
|
||
04/11/2018
|
2 Bed
|
2 Bath
|
1226 ft²
|
$1,200,000
2 Bed
2 Bath
1226 ft²
|
$1,050,000
-12.50%
08/02/2018
|
Evelyn Katz
Fox Residential Group Inc
|
||
03/01/2018
|
2 Bed
|
2 Bath
|
987 ft²
|
$880,000
2 Bed
2 Bath
987 ft²
|
$900,000
+2.27%
05/15/2018
|
Brad Bateman
Compass
|
||
08/25/2017
|
2 Bed
|
2 Bath
|
1001 ft²
|
$860,000
2 Bed
2 Bath
1001 ft²
|
$860,000
08/28/2017
|
Susan Lee
Space Marketing Shop Inc.
|
||
05/31/2017
|
2 Bed
|
2 Bath
|
1012 ft²
|
$875,000
2 Bed
2 Bath
1012 ft²
|
$880,000
+0.57%
09/12/2017
|
Charlie Lewis
Compass
|
||
04/18/2017
|
2 Bed
|
2 Bath
|
1000 ft²
|
$899,000
2 Bed
2 Bath
1000 ft²
|
$925,000
+2.89%
07/06/2017
|
Yan Luo
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
03/16/2017
|
2 Bed
|
2 Bath
|
1034 ft²
|
$850,000
2 Bed
2 Bath
1034 ft²
|
$900,000
+5.88%
06/19/2017
|
Heather McMaster
Corcoran Group
|
||
01/04/2017
|
1 Bed
|
2 Bath
|
984 ft²
|
$835,000
1 Bed
2 Bath
984 ft²
|
$793,000
-5.03%
05/17/2017
|
Marvin Chu
Corcoran Group
|
||
10/23/2016
|
2 Bed
|
2 Bath
|
987 ft²
|
$899,000
2 Bed
2 Bath
987 ft²
|
-
-
|
-
|
Gerald Magpily
Nest Seekers LLC
|
|
10/05/2016
|
Loft
|
2 Bath
|
950 ft²
|
$799,000
Loft
2 Bath
950 ft²
|
$820,000
+2.63%
02/14/2017
|
Leslie Dixon
Bedford Brownstone Realty LLC
|
||
07/06/2016
|
2 Bed
|
2 Bath
|
1071 ft²
|
$945,000
2 Bed
2 Bath
1071 ft²
|
$945,000
|