Sign Up Successful!
You now have access to more from Realmo!
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

    255 Cabrini Blvd, Unit ST8 New York, NY 10040-3612

    • Retail space
    • 868 SF
    OFF-MARKET
    Value Estimations
    $1,190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3447227
    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

    • Straw Lions LLC / Garden Center
    • Ian Lang Interiors / Interior Designer
    • Dell Arte Opera Ensemble / Opera Company

    Property Details for 255 Cabrini Blvd

    Year built
    1987
    Property size
    868 SF
    Zone code
    R7-2
    Property type
    Retail space
    APN
    02179-1008
    APU
    21791008

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,140,000
      Current 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
    -73.9373
    Latitude
    40.8555
    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
    $33,055
    $14,428
    $297,648
    $312,076
    -
    $32,063
    $787,363
    $819,426

    Comparable in this City

    • Value Estimation
      $4,910,000
      5,100 SF

      1615 Saint Nicholas Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,100 SF
      1615 Saint Nicholas Ave, New York, NY 10040
      View Details
    • Value Estimation
      $1,295,000
      18,907 SF

      130 Dyckman St

      RETAIL STORES (PERSONAL SERVICES) • 18,907 SF
      130 Dyckman St, New York, NY 10040-1093
      View Details
    • Value Estimation
      $24,500,000
      5,000 SF

      180 Dyckman St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      180 Dyckman St, New York, NY 10040-1004
      View Details
    • Value Estimation
      $5,110,000
      5,717 SF

      190 Dyckman St

      RETAIL STORES (PERSONAL SERVICES) • 5,717 SF
      190 Dyckman St, New York, NY 10040-1004
      View Details
    • Value Estimation
      $1,990,000
      2,500 SF

      9 Hillside Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      9 Hillside Ave, New York, NY 10040
      View Details
    • Value Estimation
      $1,580,000
      1,620 SF

      255 Cabrini Blvd, Unit ST6

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      255 Cabrini Blvd, New York, NY 10040-3612
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,280 SF

      Mixed-Use Development Opportunity

      Partially completed mixed-use development with 129 residential units.
      4452 Broadway, New York, NY 10040
      View Details
    • $1,450,000
      2,500 SF

      Inwood Investment: Development Potential

      Commercial property with stable income and future redevelopment potential.
      9 Hillside Ave, Manhattan, NY 10040
      View Details
    • $299,000

      Residential Income Property For Sale

      Residential income property available for purchase.
      360 Cabrini Blvd, New York, NY 10040
      View Details
    • New
      $1,899,000
      0.05 Acres

      Immaculate Two-Family Home with Parking

      Rare opportunity: two-family home with parking, buildable area, convenient location.
      292 Wadsworth Ave, Manhattan, NY 10040
      View Details
    • $389,000

      Spacious Top-Floor Apartment Near Park

      Sunny, large one-bedroom apartment near Fort Tryon Park.
      4489 Broadway 7-B, New York, NY 10040
      View Details
    • $435,000

      Residential Income Property For Sale

      Residential income property available for purchase.
      4489 Broadway 2E, New York, NY 10040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      733 SF

      Corner Retail Space Available

      Prime corner retail space in a busy uptown location.
      1588 Saint Nicholas Ave, New York, NY 10040
      View Details
    • Contact for pricing
      420 SF

      Retail Space Near Transportation

      Retail space in high-traffic Inwood location near A & 1 trains.
      160-170 Dyckman St, New York, NY 10040
      View Details
    • $4,000 /Mo
      800 SF

      Inwood Retail Space For Rent

      Prime Inwood location suitable for restaurant or retail use.
      1 Sickles St, New York, NY 10040
      View Details
    • $65 SF/Yr
      3,000 SF

      New Retail Spaces Near MTA

      New building retail spaces for lease near MTA.
      26-34 Sherman Ave, New York, NY 10040
      View Details
    • Contact for pricing

      Prime Retail Space Near Subway

      Standalone building with new storefront near 1 subway station.
      New York, NY 10040
      View Details
    • $15,000 /Mo

      Turn Key Restaurant on Dyckman

      Fully built-out restaurant space with three levels and outdoor space.
      122 Dyckman St, New York, NY 10040
      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.
    255 Cabrini Blvd, Unit ST8
    New York, NY 10040-3612
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.