Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2461 Broadway New York, NY 10025-7450

    • Retail residential properties
    • 131,493 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    $33,980,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1790135
    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.

    Current Use by Public Records

    • Bond Vet - Upper West Side at 91st Street / Veterinary Clinic
    • Blank Street Coffee / Cafe & Coffee Shop

    Property Details for 2461 Broadway

    Year built
    2020
    Lot size
    0.12 lot acres
    Property size
    131,493 SF
    Zone code
    C46A
    Property type
    Retail residential properties
    APN
    01239-0110
    APU
    12390110

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9744
    Latitude
    40.7918
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,490,000
      20,857 SF

      104 96th St

      STORES & APARTMENTS • 20,857 SF
      104 96th St, New York, NY 10025-6404
      View Details
    • Value Estimation
      $7,730,000
      32,981 SF

      77-81 104th St

      STORES & APARTMENTS • 32,981 SF
      77-81 104th St, New York, NY 10025
      View Details
    • Value Estimation
      $3,205,000
      10,000 SF

      239 105th St

      STORES & APARTMENTS • 10,000 SF
      239 105th St, New York, NY 10025-3922
      View Details
    • Value Estimation
      $12,055,000
      51,080 SF

      976-980 Amsterdam Ave

      STORES & APARTMENTS • 51,080 SF
      976-980 Amsterdam Ave, New York, NY 10025
      View Details
    • Value Estimation
      $3,080,000
      9,557 SF

      646 Amsterdam Ave

      STORES & APARTMENTS • 9,557 SF
      646 Amsterdam Ave, New York, NY 10025-7454
      View Details
    • Value Estimation
      $3,245,000
      9,496 SF

      951 Amsterdam Ave

      STORES & APARTMENTS • 9,496 SF
      951 Amsterdam Ave, New York, NY 10025-8306
      View Details

    Similar Nearby for Sale

    • $175,000
      Pending

      Art Deco Building Near Central Park

      Live/work space near Central Park, transportation, shops, and restaurants.
      7 W 96Th St, New York, NY 10025
      View Details
    • $5,995,000
      9,635 SF

      Upper West Side Multifamily

      16-unit building, prime location, value-add opportunity.
      925 Columbus Ave, New York, NY 10025
      View Details
    • Contact for pricing
      8,292 SF

      Upper West Side Mixed-Use Building

      Manhattan mixed-use building with vacant storefront and apartments.
      973 Amsterdam Ave, New York, NY 10025
      View Details
    • $660,000
      Pending

      West End Avenue Apartment Building

      Apartment building located on West End Avenue, New York.
      760 W End Ave, New York, NY 10025
      View Details
    • $699,000

      Prewar Apartment Near Columbia University

      Cozy apartment with modern amenities in a prime location.
      535 W 110Th St, New York, NY 10025
      View Details
    • $1,298,000

      Residential Income Property For Sale

      Residential income property available for purchase in New York, NY.
      262 W 95Th St, New York, NY 10025
      View Details

    Similar Nearby for Lease

    • $195 SF/Yr
      1,045 SF

      UPPER WEST SIDE FULLY VENTED RESTAURANT FOR LEASE!

      Bars & Pubs
      2664 Broadway, New York, NY 10025
      View Details
    • $5,000 /Mo
      Pending

      Spacious Pre-War Apartment For Rent

      Sun-filled, flexible 2-bedroom apartment with city views near Riverside Park.
      300 Riverside Dr, New York, NY 10025
      View Details
    • Contact for pricing
      400 SF

      Boutique Retail Space Available

      Retail space in a dense residential area, near transportation.
      301 E 108Th St, New York, NY 10025
      View Details
    • Contact for pricing
      315 SF

      Columbus Avenue Retail Space

      Retail space in the heart of the Upper West Side.
      808 Columbus Ave, New York, NY 10025
      View Details
    • Contact for pricing
      700 SF

      Columbus Avenue Retail Space Available

      Prime retail space with high foot traffic and signage opportunity.
      969 Columbus Ave, New York, NY 10025
      View Details
    • Contact for pricing
      13,000 SF

      Columbus Avenue Retail/Office Space

      Retail and office spaces available at The Columbus House.
      721 Columbus Ave, New York, NY 10025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2461 Broadway
    New York, NY 10025-7450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!