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99 Rochelle Street
About This Property
This property is not being sold separately and is included as part of a three property package consisting of 99, 101, 103 Rochelle Street. Total asking price for all three properties is $999,000.
The package includes multiple residential parcels plus an option to include the rare bonus of 83 Rochelle Street (additional $250,000), a vacant direct waterfront lot. Together, this assemblage presents a unique chance to redevelop, renovate, or create a larger scale residential project in one of New York City's most distinctive waterfront communities.
Zoning is reported as R3A with the Special City Island overlay. Buyers are encouraged to consult their architect, engineer, and attorney regarding permitted uses, density, FAR, and redevelopment potential.
Located in highly desirable City Island, enjoy a neighborhood known for marinas, waterfront dining, and a coastal village atmosphere while remaining within New York City.
All information is deemed reliable but not guaranteed. Buyers should independently verify zoning, dimensions, condition, permits, and development potential.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by Damico Group Real Estate | $150,000 | |
| Listed by Damico Group Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017