1
Map
99 STATE Street #4E
About This Property
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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 |
|---|---|---|---|
| Oct 21, 2024 | Listed | $1,725,000 | |
| Listed | |||
| | |||
|
Welcome to 99 State Street, located in one of New York City's most sought-after neighborhoods-Brooklyn Heights. The building is an intimate, 10-unit, pet-friendly co-op that strikes the perfect balance between community and convenience. Located on the corner of State and Henry Streets, this home epitomizes the quintessential Brooklyn Heights lifestyle. Among the highlights is the stunning landscaped roof deck, featuring grills, seating, and tables, offering panoramic views of Manhattan, Brooklyn, and the New York Harbor. The building even has a private rooftop garden. Residents benefit from complimentary laundry and bike storage in the cellar, making life here effortless. Ideally situated just one subway stop from Manhattan, this home allows for easy access to several major subway lines, including the 2/3, 4/5, R, and A/C trains, all within a few blocks. Experience the neighborhood's best, from the Brooklyn Heights Promenade and Brooklyn Bridge Park to nearby cafes, restaurants, playgrounds, and the farmer's market at Borough Hall.
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| Dec 13, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 6, 2022 | Price Decreased |
$1,395,000
↓ $55K
(3.8%) | |
| Price Decreased | |||
| Aug 25, 2022 | Relisted | $1,450,000 | |
| Relisted | |||
| Aug 2, 2022 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2025
|
2 Bed
|
1 Bath
|
-
|
$1,500,000
2 Bed
1 Bath
|
$1,500,000
07/16/2025
|
ALEXANDRA SPITZER
Christies International Real Estate Group LLC
| |
|
04/03/2025
|
2 Bed
|
1 Bath
|
-
|
$1,599,000
2 Bed
1 Bath
|
$1,635,000
+2.25%
06/23/2025
|
GAURAB REJA
Serhant LLC
| |
|
09/09/2024
|
2 Bed
|
1 Bath
|
-
|
$1,350,000
2 Bed
1 Bath
|
$1,570,000
+16.30%
12/18/2024
|
Alexandra Newman
Corcoran Group
| |
|
06/24/2020
|
2 Bed
|
1 Bath
|
-
|
$1,250,000
2 Bed
1 Bath
|
$1,195,000
-4.40%
10/09/2020
|
Juliet Braver
Brown Harris Stevens Brooklyn LLC
| |
|
05/30/2018
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
|
05/08/2018
|
2 Bed
|
1 Bath
|
-
|
$1,350,000
2 Bed
1 Bath
|
$1,350,000
10/03/2018
|
Dominic Ferrone
Compass
| |
|
04/04/2018
|
2 Bed
|
1 Bath
|
-
|
$1,050,000
2 Bed
1 Bath
|
$1,050,000
07/10/2018
|
Cheryl Nielsen
Corcoran Group
| |
|
03/11/2015
|
2 Bed
|
1 Bath
|
-
|
$1,350,000
2 Bed
1 Bath
|
$1,350,000
06/30/2015
|
Shinichi Morisawa
Brown Harris Stevens
| |
|
06/17/2013
|
2 Bed
|
1 Bath
|
-
|
$890,000
2 Bed
1 Bath
|
$890,000
10/04/2013
|
Deborah Rieders
Corcoran Group
| |
|
01/19/2012
|
2 Bed
|
-
|
-
|
$770,000
2 Bed
-
|
$770,000
01/29/2015
|
Nancy Giddins
Brown Harris Stevens
| |
|
11/30/-0001
|
2 Bed
|
1 Bath
|
900 ft²
|
$849,000
2 Bed
1 Bath
900 ft²
|
$849,000
10/16/2014
|
Bren Salamon
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017