9956 3RD Avenue #404
About This Property
Apartment 404 contains a 1-bedroom + 1-bathroom open concept layout, featuring durable multi-layer engineered oak flooring, an elegant kitchen with Caeserstone slab counters and backsplash, custom-built cabinetry & millwork by Scavolini, paneled premium appliances; and contemporary fixtures & stately finishes at all bathrooms.
The crowning jewel undoubtedly has to be the stunning oversized heated swimming pool at the roof Sky Deck, offering absolutely breathtaking views from multiple perspectives, fully outfitted with comfy lounge and elegant dining furniture!
The Narrows truly is designed for unparalleled indulgence, luxury, and longevity - inside and out. In addition to the unrivaled Sky Deck mentioned above, there is a modern spacious doorman attended lobby anchored with a supple seating area by the lobby fireplace, a bright and bold fitness center, and a large bicycle parking room. What's more, private storage and secure heated indoor garage parking is available!
Located in one of the most unique neighborhoods of Brooklyn, The Narrows is conveniently situated in the prime pocket of the Bay Ridge neighborhood that contains a plethora of premier dining, nightlife, public transportation, and service-related establishments. Everything special about Bay Ridge is right here! 19th and 20th-century notable architecture and green spaces merge with contemporary developments and trendsetting establishments - all while having a direct relationship to the waterfront and close proximity to the city.
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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%.
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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 |
|---|---|---|---|
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Jul 28, 2022 | Listed by Serhant | $699,000 | |
| Listed by Serhant | |||
| May 19, 2022 | Listed | $699,000 | |
| Listed | |||
| | |||
|
Security, luxury, and style are just the beginning. To truly separate The Narrows Condominium from the ubiquitous new-builds in the vicinity, a sophistication in design features, an emphasis on common spaces, and optimized space planning were all given the utmost importance so that occupants will be able to enjoy the ultimate level of comfort.
NOTE: Listing photos are of the model apartment, which is a second floor 2-bedroom layout.
Apartment 404 contains a 1-bedroom + 1-bathroom open concept layout with private balcony, featuring durable multi-layer engineered oak flooring, an elegant kitchen with Caeserstone slab counters and backsplash, custom-built cabinetry & millwork by Scavolini, paneled premium appliances; and contemporary fixtures & stately finishes at all bathrooms.
The crowning jewel undoubtedly has to be the stunning oversized heated swimming pool at the roof Sky Deck, offering absolutely breathtaking views from multiple perspectives, fully outfitted with comfy lounge and elegant dining furniture!
The Narrows truly is designed for unparalleled indulgence, luxury, and longevity inside and out. In addition to the unrivaled Sky Deck mentioned above, there is a modern spacious doorman attended lobby anchored with a supple seating area by the lobby fireplace, a bright and bold fitness center, and a large bicycle parking room. What's more, private storage and secure heated indoor garage parking is available!
Located in one of the most unique neighborhoods of Brooklyn, The Narrows is conveniently situated in the prime pocket of the Bay Ridge neighborhood that contains a plethora of premier dining, nightlife, public transportation, and service-related establishments. Everything special about Bay Ridge is right here! 19th and 20th century notable architecture and green spaces merge with contemporary developments and trendsetting establishments all while having a direct relationship to the waterfront and close proximity to the city.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2023
|
1 Bed
|
1 Bath
|
685 ft²
|
$830,000
1 Bed
1 Bath
685 ft²
|
$830,000
01/29/2024
|
Edgar Zaldivar
Compass
| |
|
04/15/2023
|
1 Bed
|
1 Bath
|
705 ft²
|
$689,000
1 Bed
1 Bath
705 ft²
|
$689,000
06/16/2023
|
Andrew Appell
Compass
| |
|
04/12/2023
|
1 Bed
|
1 Bath
|
685 ft²
|
$739,000
1 Bed
1 Bath
685 ft²
|
$815,457
+10.35%
06/14/2023
|
DAVID FERNANDEZ
Serhant LLC
| |
|
03/21/2023
|
1 Bed
|
1 Bath
|
685 ft²
|
$709,000
1 Bed
1 Bath
685 ft²
|
$802,890
+13.24%
05/08/2023
|
Andrew Appell
Serhant LLC
| |
|
02/24/2023
|
1 Bed
|
1 Bath
|
805 ft²
|
$719,000
1 Bed
1 Bath
805 ft²
|
$774,000
+7.65%
05/11/2023
|
Andrew Appell
Compass
| |
|
02/17/2023
|
2 Bed
|
2 Bath
|
830 ft²
|
$894,000
2 Bed
2 Bath
830 ft²
|
$894,000
02/17/2023
|
Andrew Appell
Compass
| |
|
02/13/2023
|
2 Bed
|
2 Bath
|
1105 ft²
|
$1,044,000
2 Bed
2 Bath
1105 ft²
|
$1,044,000
02/13/2023
|
David Fernandez
Compass
| |
|
02/13/2023
|
2 Bed
|
2 Bath
|
1105 ft²
|
$1,064,000
2 Bed
2 Bath
1105 ft²
|
$1,064,000
02/13/2023
|
Andrew Appell
Compass
| |
|
11/10/2022
|
1 Bed
|
1 Bath
|
-
|
$679,000
1 Bed
1 Bath
|
$691,392
+1.83%
12/01/2022
|
Andrew Appell
Serhant LLC
| |
|
09/27/2022
|
2 Bed
|
2 Bath
|
830 ft²
|
$799,000
2 Bed
2 Bath
830 ft²
|
$878,000
+9.89%
12/28/2022
|
Andrew Appell
Compass
| |
|
09/16/2022
|
1 Bed
|
1 Bath
|
690 ft²
|
$754,000
1 Bed
1 Bath
690 ft²
|
$754,000
04/04/2023
|
DAVID FERNANDEZ
Serhant
| |
|
09/07/2022
|
1 Bed
|
1 Bath
|
725 ft²
|
$729,000
1 Bed
1 Bath
725 ft²
|
$729,000
12/09/2022
|
David Fernandez
Compass
| |
|
08/25/2022
|
1 Bed
|
1 Bath
|
685 ft²
|
$684,000
1 Bed
1 Bath
685 ft²
|
$696,483
+1.83%
03/22/2023
|
DAVID FERNANDEZ
Serhant
| |
|
08/19/2022
|
2 Bed
|
2 Bath
|
995 ft²
|
$976,501
2 Bed
2 Bath
995 ft²
|
$976,501
12/16/2022
|
David Fernandez
Compass
| |
|
07/29/2022
|
1 Bed
|
1 Bath
|
-
|
$709,000
1 Bed
1 Bath
|
-
-
|
Ryan Serhant
SERHANT.
| |
|
07/29/2022
|
1 Bed
|
1 Bath
|
685 ft²
|
$794,000
1 Bed
1 Bath
685 ft²
|
$808,490
+1.82%
06/14/2023
|
Andrew Appell
Serhant
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
830 ft²
|
$819,000
2 Bed
2 Bath
830 ft²
|
$819,000
12/29/2022
|
David Fernandez
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
830 ft²
|
$809,000
2 Bed
2 Bath
830 ft²
|
$890,228
+10.04%
11/22/2022
|
Andrew Appell
Serhant LLC
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
-
|
$969,000
2 Bed
2 Bath
|
$969,000
11/28/2022
|
Andrew Appell
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1105 ft²
|
$884,000
2 Bed
2 Bath
1105 ft²
|
$884,000
12/09/2022
|
David Fernandez
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1110 ft²
|
$999,000
2 Bed
2 Bath
1110 ft²
|
$1,086,500
+8.76%
12/16/2022
|
Andrew Appell
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
825 ft²
|
$799,000
2 Bed
2 Bath
825 ft²
|
$864,000
+8.14%
12/16/2022
|
Andrew Appell
Compass
| |
|
07/28/2022
|
1 Bed
|
1 Bath
|
705 ft²
|
$699,000
1 Bed
1 Bath
705 ft²
|
$699,000
11/17/2022
|
David Fernandez
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1110 ft²
|
$1,044,000
2 Bed
2 Bath
1110 ft²
|
$1,044,000
05/09/2023
|
David Fernandez
Compass
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
830 ft²
|
$809,000
2 Bed
2 Bath
830 ft²
|
$906,752
+12.08%
11/21/2022
|
Andrew Appell
Serhant
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1110 ft²
|
$959,000
2 Bed
2 Bath
1110 ft²
|
$1,040,500
+8.50%
01/12/2023
|
Andrew Appell
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017