212 52nd St New York, NY 10022-6083
Property profile & analytics
212 52nd St New York, NY 10022-6083
- Investment properties
- 6,400 SF
- 0.05 lot acres
Property ID
US63-6223283
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.
Location Intelligence
Current Use by Public Records
- Crystal / Nightclub / DJ & Entertainment
- Ny Mishima / Association / Organization / Restaurant
- Lil' Dumplings Comedy / Nightclub / Theater & Performing Art Venue
- Raku it's Japanese / Restaurant
- Expired Milk Comedy / Nightclub / Theater & Performing Art Venue
Property Details for 212 52nd St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 6,400 SF
- Zone code
- R8B
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 01325-0047
- APU
- 13250047
Description
This exceptional four-story Class A apartment building, located at 212 E 52nd St in Manhattan's desirable East Side (zip code 10022), presents a compelling investment opportunity. Built in 1900 and extensively renovated in 2018, this property boasts 6,400 square feet of net rentable space across four units, currently enjoying 100% occupancy. The building features an elevator and a partial basement, adding to its functionality and appeal. All units are under net lease agreements with over five years remaining, ensuring consistent income. Tenants are responsible for all utilities. The property's strong financial performance is highlighted by a net operating income (NOI) of $294,493 and a 4.3% capitalization rate. Annual expenses total $144,203. The lot size is 2,007 square feet (20' x 100.42'), and the building dimensions are 20' x 96'. Significant value is added by available air rights totaling 1,630 square feet, offering potential for future expansion under the R8B permitted zoning. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The asking price is $6,750,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,400,000
- 6.5%
- $3,140,000
- 7%
- $2,915,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9693
- Latitude
- 40.7566
- 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
$106,481
$540,000
$705,340
$1,245,340
-
$1,200,000
$1,034,000
$2,234,000
