Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1808 Amsterdam Ave New York, NY 10031-3524

    • Retail residential properties
    • 7,251 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimations
    $2,465,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3164098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Metro by T-Mobile / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 1808 Amsterdam Ave

    Year built
    1910
    Lot size
    0.05 lot acres
    Property size
    7,251 SF
    Zone code
    R7A
    Property type
    Retail residential properties
    APN
    02081-0033
    APU
    20810033

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9458
    Latitude
    40.8282
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,909
    $125,654
    $225,346
    $351,000
    -
    $310,000
    $498,800
    $808,800

    Comparable in this City

    • Value Estimation by Request
      92,360 SF

      625 140th St

      STORES & APARTMENTS • 92,360 SF
      625 140th St, New York, NY 10031-7186
      View Details
    • Value Estimation
      $655,000
      2,697 SF

      503 144th St

      STORES & APARTMENTS • 2,697 SF
      503 144th St, New York, NY 10031-5754
      View Details
    • Value Estimation
      $4,880,000
      11,080 SF

      1761 Amsterdam Ave

      STORES & APARTMENTS • 11,080 SF
      1761 Amsterdam Ave, New York, NY 10031-4101
      View Details
    • Value Estimation
      $5,995,000
      13,740 SF

      3550-3552 Broadway

      STORE/OFFICE (MIXED USE) • 13,740 SF
      3550-3552 Broadway, New York, NY 10031
      View Details
    • Value Estimation
      $18,055,000
      56,379 SF

      3340 Broadway, Unit 19

      STORES & APARTMENTS • 56,379 SF
      3340 Broadway, New York, NY 10031-7415
      View Details
    • Value Estimation
      $13,330,000
      44,910 SF

      3512 Broadway, Unit 3518

      STORES & APARTMENTS • 44,910 SF
      3512 Broadway, New York, NY 10031-5621
      View Details

    Similar Nearby for Sale

    • $1,995,000
      4,800 SF

      Hamilton Heights Mixed-Use Townhouse

      Prime NYC location, high ROI potential.
      474 145Th St, New York, NY 10031
      View Details
    • Contact for pricing
      2,500 SF

      Mixed-Use Building Near City College

      Mixed-use building near transportation, restaurants, and universities.
      563 W 139Th St, New York, NY 10031
      View Details
    • $1,400,000
      4,576 SF

      Prime Brooklyn Commercial Space

      Two-unit office/retail, 4,576 sq ft
      721 St Nicholas Ave, New York, NY 10031
      View Details
    • $1,400,000
      0.11 Acres

      Manhattan Multifamily Brownstone For Sale

      Eight-family brownstone in Manhattan, New York.
      459 W Street, Manhattan, NY 10031
      View Details
    • $289,000

      Hamilton Heights Affordable Co-op

      Affordable one-bedroom co-op near Jackie Robinson Park.
      327 Edgecombe Ave, New York, NY 10031
      View Details
    • Contact for pricing

      Manhattanville Multifamily Walk-Up Building

      21-unit multifamily building in Manhattanville with upside potential.
      New York, NY 10031
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      400 SF

      Retail Space on Amsterdam Avenue

      Retail space with great exposure, suitable for various businesses.
      1709 Amsterdam Ave, New York, NY 10031
      View Details
    • Contact for pricing
      709 SF

      Amsterdam Avenue Retail Opportunity

      Retail space with partially built-out kitchen available for rent.
      1504 Amsterdam Ave, New York, NY 10031
      View Details
    • $19,500 /Mo

      Hamilton Heights Mansion For Rent

      Spacious 7-bedroom mansion with garden, elevator, and historic details.
      330 Convent Ave, New York, NY 10031
      View Details
    • Contact for pricing
      2,200 SF

      Harlem Corner Lot Opportunity

      Prominent corner lot with wraparound frontage in Harlem.
      701 W 135Th St, New York, NY 10031
      View Details
    • Contact for pricing
      900 SF

      New Storefront on Main Thoroughfare

      Brand-new, white-boxed storefront located near the subway.
      532-538 W 145Th St, New York, NY 10031
      View Details
    • Contact for pricing
      2,800 SF

      Prime Retail Space on Amsterdam

      2,800 SF retail space with frontage on Amsterdam Avenue.
      513-515 W 150Th St, New York, NY 10031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1808 Amsterdam Ave
    New York, NY 10031-3524
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!