Property profile

11 Madison Ave 27-01 New York, NY 10010

OFF-MARKET
Flex space
Property ID
US63-2118491
34,217 SF 1.93 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 34,217 SF
Lot 1.93 ac (83,984 SF)
Zoning code C5-3
APN 00854-1035
UPID US63-2118491

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
  • Gym & Fitness Center
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency

Location

11 Madison Ave, Unit 27-01 New York, NY 10010-3643
New York metro Census 5600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.91M
Blend (final) Blend
$4.69M

Owner & transaction history

since 2015
7 recorded transactions
2015
$271.3M
2015
$417.5M
2015
$471.8M
2015
$540.2M
2015
Price N/A
2015
$412.8M
2015
$245.3M

Zoning & alternative use

C5-3 · 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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