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About This Property
With excellent visibility, ample space, and strong community recognition, the possibilities are endless. Revive the legendary barbecue stand, create a new restaurant or entertainment venue, establish a catering headquarters, or explore redevelopment opportunities. This landmark property offers the rare combination of location, acreage, and local heritage that is difficult to find.
Bring your vision and capitalize on the legacy of a long-standing community favorite. Additional parcels being sold together with this property: 12-19-26-1300-00E-00000, 12-19-26-3100-00D-00000
Call me today for your private tour!
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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 22, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Relisted | $350,000 | |
| Relisted | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Price Decreased |
$350,000
↓ $35K
(9.1%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by RE/MAX PREMIER REALTY | $385,000 | |
| Listed by RE/MAX PREMIER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017