Property profile

1240-1248 5th Ave New York, NY 10029

OFF-MARKET
Hospitals
Property ID
US63-3337041
488,783 SF 1.58 ac lot Built 1921
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1921
Total area 488,783 SF
Lot 1.58 ac (68,999 SF)
Zoning code R8
APN 01611-0001
UPID US63-3337041

Cap rate & NOI

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

Location

1240-1248 5th Ave New York, NY 10029
New York metro Census 16800 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
$3.55M
Blend (final) Blend
$3.56M

Owner & transaction history

since 2015
7 recorded transactions
2020
Price N/A
2019
Price N/A
2015
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R8 · 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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