Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Small Multi-Unit Residential Property Title is generated by Realmo AI

    30 N Portland Ave, Manhattan, NY 11205

    View on Map
    Claim this Listing
    New
    Picture of Specialty properties at 30 N Portland Ave, Manhattan, NY
    For Sale
    $2,200,000

    Multi-Unit (2-4) - Manhattan, NY

    Property size:
    3,540 SF
    Price / SF:
    $621/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for 30 N Portland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Living Room
    Parking features
    Garage
    Standard status
    Active
    Size
    3,540 SF

    Taxes and HOA fees

    Tax Annual Amount
    4785

    Building Details

    Floors in Building
    3
    Architectural style
    Other

    We can help!

    Listing Contact
    NINA SABAG
    NINA SABAG

    Listing agent NINA SABAG

    Listing office 5 BORO REALTY CORP 2153 UTICA AVE, BROOKLYN, NY

    Listing date Jun 4, 2026

    MLS# 11801084 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Includes garage parking
    • Layout includes 5 bedrooms and 4 bathrooms
    • Interior features include a living room and dining room
    • Location provided by coordinates: -73.97683, 40.697205

    Overview

    This offering is a small multi-unit residential property configured as a 2–4 unit building. The property size is listed as 3,540 square feet. The available information does not describe unit mix, interior condition, or additional improvements, so interested parties should confirm all details during due diligence.

    The property is located at 30 N Portland Ave in Manhattan, New York 11205, within Kings County. Prospective purchasers should review the on-site configuration, access, and any building systems and restrictions as part of their inspection and underwriting.

    The property may be of interest to buyers seeking a smaller-scale multi-unit asset with the flexibility associated with a 2–4 unit structure. For transaction process, please note that all offers must be submitted through auction.com, per the listing remarks. Buyers and brokers should ensure they comply with the auction platform requirements and any stated terms before submitting an offer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.976832
    Latitude
    40.697205

    Nearby Similar for Sale

    • $958,000
      2,310 SF

      Commercial Condo in Chinatown/Little Italy

      Versatile commercial space in prime Downtown Manhattan location.
      53 Elizabeth Street, New York (Manhattan), NY 10013
      View Details
    • $350,000
      1,975 SF

      Established Shanghai Restaurant, Manhattan

      Authentic Shanghai restaurant for sale in Manhattan's Upper West Side.
      467 Columbus Ave, Manhattan, NY 10024
      View Details
    • $300,000
      2,000 SF

      Manhattan Restaurant Franchise Opportunity

      Turnkey restaurant franchise in prime Manhattan location with immediate cashflow.
      295 7th Avenue, Manhattan, NY 10001
      View Details
    • $4,880,000
      6,450 SF

      Midtown East Office Condominium

      Renovated office condo near Grand Central Station.
      866 2nd Avenue, New York (Manhattan), NY 10017
      View Details
    • $10,500,000
      6,050 SF

      SoHo Retail Coop Opportunity

      6,050 SF retail coop in prime SoHo location.
      138 Greene Street, Manhattan, NY 10012
      View Details
    • $60,000
      700 SF

      East Village Nail Salon Business

      Fully equipped nail salon business for sale in Manhattan.
      125 E 4th Street, Manhattan, NY 10003
      View Details
    • $1,599,999

      Versatile Multifamily Property in Manhattan

      Income-producing multifamily property with renovations throughout, located in Washington Heights.
      526 W 175th Street, New York (Manhattan), NY 10033
      View Details
    • $7,395,000
      8,950 SF

      Manhattan Multifamily Building with Units

      Five-story, 20-unit multifamily building in prime Manhattan location.
      319 90TH Street, New York (Manhattan), NY 10128
      View Details
    • $280,000
      2,200 SF

      Turnkey Restaurant Space in Manhattan

      Ready-to-go restaurant in a vibrant commercial setting.
      48th Street, New York (Manhattan), NY 10036
      View Details
    • $7,990,000
      12,373 SF

      Chinatown Mixed-Use Building with Rooftop

      Mixed-use building with retail income and residential units.
      198 Grand Street, New York (Manhattan), NY 10013
      View Details
    • $2,200,000

      Legal 3-Family Brownstone

      A beautiful, legal 3-family brownstone with timeless character.
      248 W 136th Street, New York (Manhattan), NY 10030
      View Details
    • $1,800,000

      Occupied Multifamily Apartment Building

      Fully occupied building with cooperative tenants, with the last DHCR records dated 2017 and R7A zoning.
      171 E 111th Street, New York (Manhattan), NY 10029
      View Details

    FAQs

    What type of property is this?
    Specialty property - For sale as a 2–4 unit property, with offers required through auction.com for buyers and investors.
    Where is this specialty property located?
    The property is located at 30 N Portland Ave Manhattan, NY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Includes garage parking; Layout includes 5 bedrooms and 4 bathrooms; Interior features include a living room and dining room
    (855) 305-3325
    We can help!
    Listing Contact
    NINA SABAG
    NINA SABAG
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    30 N Portland Ave, Manhattan, NY 11205
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!