Property profile

104 40th St 400 New York, NY 10016

OFF-MARKET
Flex space
Property ID
US63-4202321
1,398 SF Built 1915
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1915
Total area 1,398 SF
Zoning code C52.5
APN 00895-1006
UPID US63-4202321

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Brewery & Distillery Big Box & Wholesale Store
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

104 40th St, Unit 400 New York, NY 10016-1801
New York metro Census 8000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C52.5 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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