Realmo Analytics

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Property profile

164 1st Ave New York, NY 10009

OFF-MARKET
Investment properties
Property ID
US63-0831095
9,577 SF 0.05 ac lot Built 1900
Last sale Oct 2021 · $10,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail space, located at 164 1st Ave in New York City's vibrant East Village, offers a unique opportunity for a discerning business owner. The property boasts a total of 800 square feet, comprised of 400 square feet on the ground floor and an additional 400 square feet in the basement. Its prime location ensures high visibility and significant foot traffic, making it ideal for a variety of retail ventures. The space is currently available for lease as a single-tenant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$62k
Tax billed · 2024
Assessed value$493k
Assessed land$81k
Assessed improvement$412k
Effective rate12.50%

Value estimate

· Oct 2026
$11.06M
$9.95M – $12.17M
AI approach$9.78M

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$632/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$340 – $917
Qualifying comparables32

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home18.4
Assisted Living Facility17.9
Auto Parts Store14.2

Location

164 1st Ave New York, NY 10009-4508
County assessor Recorded deeds · 6 transfers 32 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
81 Ave A, New York, NY 10009-6583 $5,300,000 Nov 2023 7,544 SF
431 6th, New York, NY 10009-6305 $1,900,000 Oct 2023 6,288 SF
13 Ave B, New York, NY 10009-8035 $4,300,000 Jul 2023 6,070 SF
15 Ave A, New York, NY 10009-7996 $7,300,000 May 2023 6,491 SF
117 Ave A, New York, NY 10009-5824 $4,770,310 Jul 2022 5,840 SF
113 2nd, New York, NY 10009-7941 $7,400,000 Feb 2019 10,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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