Realmo Analytics

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Financial
Distress signals
Property profile

265 Water St New York City, NY 10038

FOR SALE
Retail residential properties
Property ID
US63-2576381
18,450 SF 0.05 ac lot Built 1900
Last sale Dec 2022 · $1,100,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
265 Water St, New York City, NY 10038 For Sale
$1,495,000 18,450 SF
265 Water St, New York City, NY 10038
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$108k
Tax billed · 2024
Assessed value$864k
Assessed land$86k
Assessed improvement$778k
Effective rate12.50%

Value estimate

· Oct 2026
$1.05M
$941k – $1.15M
AI approach$1.09M
NOI build-up
Gross scheduled income$109k
Vacancy & credit loss−$5k
Operating expenses−$47k
NOI · 3.80% cap applied$57k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$725/SF
Submarket average, outlier-cleaned · 1320 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,205
Qualifying comparables17

Cap rate analysis

How does the asset earn?
3.80%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C62A
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service10.8
Assisted Living Facility6.6
Nursing Home5.7

Location

265 Water St New York City, NY 10038
County assessor Recorded deeds · 5 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
119 Ss, New York, NY 10038-2014 $11,400,000 Jun 2023 14,053 SF
166 William, New York, NY 10038-2612 $15,000,000 Dec 2022 13,840 SF
270 Water, New York, NY 10038-1709 $1,218,500 Oct 2022 12,585 SF
23 Peck Slip, New York, NY 10038 $24,500,000 Feb 2022 25,903 SF
14 Maiden, New York, NY 10038-4022 $9,500,000 Feb 2022 14,645 SF
27 Madison, New York, NY 10038-1230 $7,800,000 Feb 2019 14,977 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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