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Property profile & analytics
FOR LEASE
Office buildings
211 E 43Rd St New York, NY 10017
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3295273
For Lease
1 / 2
Contact for pricing
211 E 43Rd St, New York, NY 10017
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1928
Total area
177,000 SF
Lot
0.23 ac (10,041 SF)
Zoning code
C5-3
APN
01317-0007
UPID
US63-3295273
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
-
Donna Bradbury Real Estate Agency
-
Law Offices of Benjamin B. Neschis, P.C. Law Firm
-
American Disability Advocates, Inc Law Firm
-
Datanet Enterprise Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Crosstown Apartments Nyc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$55.46M
Owner & transaction history
211 East 43rd Street Assocs · 17 yrs held
211 East 43rd Street Assocs
since 2008
7 recorded transactions
Zoning & alternative use
C5-3 · New York, NY
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
$313 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,654,684
Tax year 2024
Assessed value
$25,063,100
Assessed 2024
Previous assessed
$24,850,800
+0.9% YoY
Effective rate
10.59%
On assessed value
Assessed land
$4,635,000
Assessed improvement
$20,428,100
Land market value
$10,300,000
Improvement market value
$45,737,000
Total market value
$56,037,000
Applied tax rate
4.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1928
Heating
NONE
Buildings
1
Stories
24
Units
1
Total area
177,000 SF
Lot
0.23 ac (10,041 SF)
Zoning code
C5-3
APN
01317-0007
UPID
US63-3295273
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-3 · New York, NY
Zoning C5-3 · permitted uses
C5-3 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New York. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Stories
24
Buildings
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
211 East 43rd Street Assocs
Individual
Mailing address
1166 AVE OF THE AMERICAS FL, NEW YORK, NY 10036-2708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2008
—
211 East 43rd Street Assocs
—
Deed Of Trust
related
$24,000,000 · Hsbc Bank USA
Jan 12, 2007
—
211 East 43rd Street Assocs
—
Deed Of Trust
related
$7,450,000 · Hsbc Bank USA
—
—
Cp & Ipers Alchemy 43rd Street O
—
Loan Modification, Consolidation And Extension
related
$65,000,000 · Signature Bk
—
—
211 East Lh LLC
—
Deed Of Trust
related
$55,000,000 · Jefferies Loancore LLC
—
—
Mayrose Holdings LLC
—
Deed Of Trust
related
$27,000,000 · Hsbc Bank USA
—
—
Mayrose Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Hsbc Bank USA
—
—
211 East 43rd Street LLC
—
Deed Of Trust
related
$1,985,000 · Astoria Federal S&l Assn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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