Property profile

114-116 16th St New York, NY 10011

OFF-MARKET
Apartment buildings
Property ID
US63-2707341
32,736 SF 0.18 ac lot Built 1939
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1939
Total area 32,736 SF
Lot 0.18 ac (7,744 SF)
Zoning code R8A
APN 00791-0050
UPID US63-2707341

Cap rate & NOI

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

Location

114-116 16th St New York, NY 10011
New York metro Census 8100 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
by Request
Blend (final) Blend
$9.65M

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R8A · 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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