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Property profile & analytics
OFF-MARKET
Estimated value
$25,380,000
Retail residential properties
262 5th Ave New York, NY 10001-6414
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-3916304
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2023
Total area
188,514 SF
Lot
0.11 ac (4,942 SF)
Zoning code
C5-2
APN
00830-0044
UPID
US63-3916304
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.38M
Owner & transaction history
260 Fifth Avenue LLC · 3 yrs held
260 Fifth Avenue LLC
since 2023
7 recorded transactions
Zoning & alternative use
C5-2 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New York submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$991,302
Tax year 2024
Assessed value
$7,929,144
Assessed 2024
Previous assessed
$1,843,704
+330.1% YoY
Effective rate
12.50%
On assessed value
Assessed land
$1,995,894
Assessed improvement
$5,933,250
Land market value
$4,934,000
Improvement market value
$13,185,000
Total market value
$18,119,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2023
Heating
NONE
Buildings
1
Stories
54
Units
42
Total area
188,514 SF
Lot
0.11 ac (4,942 SF)
Zoning code
C5-2
APN
00830-0044
UPID
US63-3916304
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-2 · New York, NY
Zoning C5-2 · permitted uses
C5-2 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New York. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Stories
54
Buildings
1
Units
42
Lot
0.11 ac
Current owner
From public records · entity-resolved
260 Fifth Avenue LLC
Entity
Mailing address
262 5TH AVE, NEW YORK, NY 10001-6414
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
Five Points 262 Project LLC
—
Deed
related
$59,914,647 · 262 Fifth Ave 1 LLC
May 2, 2023
—
260 Fifth Avenue LLC
Five Points 262 Project LLC
Contract Sale
—
Dec 8, 2020
—
Five Points 262 Project LLC
Five Points Jv L.p.
Deed
$4,051,913 · Maxim Credit Group, LLC
Jan 20, 2017
—
Five Points Jv L P
—
Deed
related
$21,386,667 · Goldman Sachs Bank USA
Jan 11, 2017
—
Five Points Jv LP
Five Points Dev LLC
Quit Claim Deed
—
Feb 26, 2015
$17,350,000
Five Points Dev LLC
Rth Realty Corp
Grant Deed
—
—
—
Five Points 262 Project LLC
—
Loan Modification
related
$20,000,000 · Other Institutional Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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