Property profile

219 48th St 225 New York, NY 10036

OFF-MARKET
Theaters & concert halls
Property ID
US63-1690966
7,200 SF 0.18 ac lot Built 1924
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1924
Total area 7,200 SF
Lot 0.18 ac (8,034 SF)
Zoning code C6-5
APN 01020-0014
UPID US63-1690966

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Theater & Performing Art Venue
  • Theater & Performing Art Venue

Location

219 48th St, Unit 225 New York, NY 10036-1423
New York metro Census 12500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$303.21M

Owner & transaction history

since 2023
Last sale
$308.4M
7 recorded transactions
2023
$308.4M
2023
Price N/A
2023
Price N/A
2019
Price N/A
2013
Price N/A
2011
Price N/A
2009
Price N/A

Zoning & alternative use

C6-5 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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