Property profile

240 98th St 1E New York, NY 10025

OFF-MARKET
Flex space
Property ID
US63-5653754
1,685 SF 0.63 ac lot Built 1923
Entity Owned 18-yr Hold
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1923
Total area 1,685 SF
Lot 0.63 ac (27,500 SF)
Zoning code R9A
APN 01869-1253
UPID US63-5653754

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
  • Medical Clinic
  • Physician
  • Theater & Performing Art Venue Nightclub
  • Physician
  • Ophthalmologist

Location

240 98th St, Unit 1E New York, NY 10025-5501
New York metro Census 18300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2008
2 recorded transactions
2008
$1.2M
1969
Price N/A

Zoning & alternative use

R9A · 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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