Technical
Financial
Distress signals
Property profile

242 16th St New York, NY 10011

OFF-MARKET
Retail residential properties
Property ID
US63-1953482
21,643 SF 0.11 ac lot Built 1910
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1910
Total area 21,643 SF
Lot 0.11 ac (4,603 SF)
Zoning code R8B
APN 00765-0065
UPID US63-1953482

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
  • Shopping Center & Mall (Bike/Boat/Book/etc) Store
  • Restaurant

Location

242 16th St New York, NY 10011-6110
New York metro Census 8100 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
$10.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.54M

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R8B · 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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