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Property profile & analytics
FOR SALE
Investment properties
264 Lenox Ave New York, NY 10027
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-1432376
For Sale
1 / 16
$160,000
264 Lenox Ave, New York, NY 10027
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Total area
3,600 SF
Lot
0.03 ac (1,350 SF)
Zoning code
R7-2
APN
01721-0037
UPID
US63-1432376
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
$659k
Blend (final)
Blend
$650k
Owner & transaction history
264 Lenox Capital LLC · 11 yrs held
264 Lenox Capital LLC
since 2015
7 recorded transactions
Zoning & alternative use
R7-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / 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
$4,828
Tax year 2024
Assessed value
$24,037
Assessed 2024
Previous assessed
$22,676
+6.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$6,868
Assessed improvement
$17,169
Land market value
$664,000
Improvement market value
$1,660,000
Total market value
$2,324,000
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1899
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
3,600 SF
Lot
0.03 ac (1,350 SF)
Zoning code
R7-2
APN
01721-0037
UPID
US63-1432376
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-2 · New York, NY
Zoning R7-2 · permitted uses
R7-2 · 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
1899
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
0.03 ac
Current owner
From public records · entity-resolved
264 Lenox Capital LLC
Entity
Mailing address
410 CENTRAL PARK W APT PHA, NEW YORK, NY 10025-4819
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2021
—
264 Lenox Capital LLC
—
Deed
related
$216,610 · Emigrant Funding Corporation
Apr 3, 2019
—
264 Lenox Capital LLC
—
Deed
related
$171,156 · Emigrant Funding Corp
Aug 16, 2016
—
264 Lenox Capital LLC
—
Deed
related
$500,000 · Emigrant Fndg
May 27, 2015
—
264 Lenox Capital LLC
Melissa Hall
Deed
$365,000 · Alba Investments, LLC
Sep 26, 2014
$2,200,000
Tom Hall
264 Lenox Avenue LLC
Grant Deed
—
Mar 18, 2008
$1,100,000
264 Lenox LLC
Haygood,nathaniel
Grant Deed
$825,000 · First Central Savings Bank
Jan 17, 2007
—
Nathaniel Haywood
Tittle,pearl
Grant Deed
related
—
—
—
264 Lenox Capital LLC
—
Loan Modification, Consolidation And Extension
related
$500,000 · Emigrant Fndg
—
—
Pearl Tittle
—
Deed Of Trust
related
$100,000 · Bank United
—
—
264 Lenox Capital LLC
—
Loan Modification
related
$850,000 · Emigrant Fndg
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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