Financial
Distress signals
Property profile

168 E 116Th St New York, NY 10029

FOR LEASE
Other investment properties
Property ID
US63-1478508
16,900 SF 0.15 ac lot Built 1930
Last sale Sep 2026 · $1,921,500
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail suite configured in white-box condition with existing built-out rooms, providing interior spaces that can be incorporated into a tenant’s layout. The unit includes a full bathroom and is designed to receive natural light. The suite is situated in a retail setting with pedestrian activity, supporting customer-oriented use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$90k
Tax billed · 2024
Assessed value$882k
Assessed land$432k
Assessed improvement$451k
Effective rate10.16%

Value estimate

· Sep 2026
$440k
$396k – $484k
AI approach$280k
NOI build-up
Gross scheduled income$390k
Vacancy & credit loss−$33k
Operating expenses−$107k
NOI · 462,583.33% cap applied$250k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$357/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$156 – $590
Qualifying comparables5

Cap rate analysis

How does the asset earn?
462,583.33%
$250k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7D
M1-5/R7D 5.6 M1-5/R7X 6.0 M1-5/R9A 8.5 M1-5/R9X, south of East Houston Street 9.7 M1-5/R10 and M1-6/R10 12.0 the floor area ratio for com...
General categoryRESIDENTIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm140.2
Realty agency72.8
Acupuncture28.6

Location

168 E 116Th St New York, NY 10029
County assessor Recorded deeds · 1 transfer 5 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
312 106th, New York, NY 10029-4857 $3,000,000 Jan 2026 15,330 SF
175 105th, New York, NY 10029-4972 $1,900,000 Jun 2025 11,540 SF
308 106th, New York, NY 10029-4804 $6,100,000 Apr 2025 10,818 SF
323-325 108th, New York, NY 10029 $2,550,000 Oct 2024 22,596 SF
314-316 112th, New York, NY 10029 $2,150,000 Jul 2023 16,841 SF
310-312 112th, New York, NY 10029 $2,150,000 Jul 2023 19,005 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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