Property profile

108 1st Ave New York, NY 10009

OFF-MARKET
Investment properties
Property ID
US63-2723325
5,535 SF 0.03 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 5,535 SF
Lot 0.03 ac (1,488 SF)
Zoning code R7A
APN 00434-0005
UPID US63-2723325

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
  • Courier Service Postal Service
  • Recycling Center Waste Management Facility
  • Law Firm

Location

108 1st Ave New York, NY 10009-5714
New York metro Census 3200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.37M
CAP Approach CAP
$2.72M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.44M

Owner & transaction history

since 2022
Last sale
$5.2M
2 recorded transactions
2022
$5.2M
2008
Price N/A

Zoning & alternative use

R7A · New York, NY
Top alternative use upside
Retail stores $7.3M +108.1%
Warehouse, storage $4.5M +29.3%
Office building $3.5M +1.1%

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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