Property profile

240 44th St New York, NY 10036

OFF-MARKET
Theaters & concert halls
Property ID
US63-1619661
24,423 SF 0.17 ac lot Built 1924
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1924
Total area 24,423 SF
Lot 0.17 ac (7,225 SF)
Zoning code C6-5
APN 01015-0051
UPID US63-1619661

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
  • Department Store
  • Event Planning
  • Marketing & Advertising Advertising Agency
  • Film Production

Location

240 44th St New York, NY 10036-3906
New York metro Census 11900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105.17M

Owner & transaction history

since 2024
Last sale
$105.2M
6 recorded transactions
2024
$105.2M
2018
Price N/A
2017
$5.0M
2017
Price N/A
2017
Price N/A
2015
$24.8M

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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