98 79th Street
About This Property
This expansive 2150 SF home is in move-in condition and is located on a lovely tree-lined street near the waterfront. Thoughtfully incorporating modern amenities, its exquisite pre-war details abound, including parquet floors with inlays, 10-foot-high ceilings, leaded glass windows, French doors, stained glass windows, banisters, and moldings, among others.
The parlor level has a bright and airy living room with soaring ceilings, built-ins, and a decorative fireplace. An archway and two stairs lead to the elevated formal dining room. A bathroom is on this level for added convenience.
The rear of the home features an oversized eat-in kitchen with abundant cabinetry; stone countertops; and new stainless-steel appliances (including dishwasher and microwave). Glass sliding doors lead to the spacious Trex deck overlooking the lush backyard garden complete with rose bushes and mature trees.
The upper level has 3 spacious bedrooms with tree-top views, a terrace off the back bedroom, floor-to-ceiling closets and an extra-large bathroom with a shower and a tub.
The lower level was thoughtfully finished to provide additional living space and has an exit at the rear. The mechanicals are also housed on this level along with abundant storage space, walk in closets, and a laundry room.
Other noteworthy items include: 5 split unit AC units, extra-large backyard and garden (lot is 123 feet deep); and charming front porch.
Located one block from Shore Road Park, basketball and tennis courts, ballfields, hiking/biking paths, playgrounds and dog runs and just minutes to a variety of local shops, restaurants, and subway, ferry, and express bus. This home is a special find - call today to schedule your showing and make this captivating home yours just in time to celebrate the holidays!
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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 |
|---|---|---|---|
| Jun 11, 2026 | Listed by Corcoran Group | $1,555,000 | |
| Listed by Corcoran Group | |||
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Introducing 98 79th Street, a beautiful 3Bed/2Bath semi-detached pre-war brick townhouse with a garage and oversized backyard in prime Bay Ridge! This expansive home is in move-in condition and is located on a lovely tree-lined street near the waterfront. Thoughtfully incorporating modern amenities, its exquisite pre-war details abound, including parquet floors with inlays, 10-foot-high ceilings, leaded glass windows, French doors, stained glass windows, banisters, and moldings, among others. The parlor level has a bright and airy living room with soaring ceilings, built-ins, and a decorative fireplace. An archway and two stairs lead to the elevated formal dining room. A bathroom is on this level for added convenience. The rear of the home features an oversized eat-in kitchen with abundant cabinetry; stone countertops; and stainless-steel appliances. Glass sliding doors lead to the spacious Trex deck overlooking the lush backyard garden complete with rose bushes and mature trees. The upper level has 3 spacious bedrooms with tree-top views, a terrace off the back bedroom, floor-to-ceiling closets and an extra-large bathroom with a shower and a tub. The lower level was thoughtfully finished to provide additional living space and has an exit at the rear. The mechanicals are also housed on this level along with abundant storage space, walk in closets, and a laundry room. Other noteworthy items include: 5 split unit AC units, extra-large backyard and garden (lot is 123 feet deep); and charming front porch. Located one block from Shore Road Park, basketball and tennis courts, ballfields, hiking/biking paths, playgrounds and dog runs and just minutes to a variety of local shops, restaurants, and subway, ferry, and express bus. This home is a special find - call today to schedule your showing and make this captivating home yours just in time for a summer barbecue!
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| May 19, 2026 | Listed by Corcoran Group | $1,550,000 | |
| Listed by Corcoran Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017