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Property profile & analytics
FOR SALE
Office Units
2 Allen St, New York, NY 10002
Individually Owned
Property ID
US63-1201293
For Sale
1 / 24
$3,000,000
2 Allen St, New York, NY 10002
View Listing →
Property summary
AI-generated overview
Introducing an amazing opportunity to own a Commercial Condo located in the heart of Chinatown, New York City. This 2nd floor Condo is a corner property that features floor to ceiling windows that wrap around the entire property... over looking Allen St. This property was previously used as an Adult Day Care center. This property is great for investor or end users looking for large office space 5000 sqft This is an elevator building. Newly built in 2011. First time on the market. Don't Miss out this great investment opportunity! Must see!
Property profile
Verified
Property type
Office Units
Total area
5,000 SF
UPID
US63-1201293
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lan's Services Travel Agency
-
Allen Street Pharmacy Pharmacy
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Dr. Min Song, MD Physician
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JAN Renovation General Contractor
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今第建筑设计 Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Caroline Nup
Caroline Nup
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New York submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Units
Status
For Sale
Total area
5,000 SF
UPID
US63-1201293
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Caroline Nup
Individual
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Caroline Nup
Helena C Nachuang
Deed
related
—
Dec 22, 2021
$780,000
Ken And Kay Holding LLC
Jun Fang Wang
Deed
$512,000 · Citibank,n.a.
Nov 30, 2020
$720,000
He Sheng Holding Group LLC
Ab & J Group LLC
Grant Deed
—
Dec 31, 2019
—
Aafe Community Dev Fund INC
—
Deed
related
$1,513,911 · Cathay Bk
Sep 24, 2018
$300,000
Caroline Nup
2 Allen Construction LLC
Grant Deed
—
Sep 21, 2018
$213,832
New Lams LLC
2 Allen Construction LLC
Deed
$150,000 · Jpmorgan Chase Bank, N.a.
Mar 19, 2018
—
Stuart Altman Realty LLC
Stuart M Altman
Deed
$450,000 · Flushing Bank
Jul 11, 2017
$1,102,367
J & J Tan LLC
2 Allen Construction LLC
Grant Deed
—
Mar 3, 2017
$4,121,000
Golden Allen LLC
2 Allen Construction LLC
Deed
$2,800,000 · Td Bank NA
Aug 2, 2016
—
Ab&j Group LLC
—
Deed
related
$420,000 · United Orient Back
Jul 15, 2016
$535,000
J & J Tan LLC
2 Allen Construction LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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