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

    310 105th St New York, NY 10029-5023

    • Apartment buildings
    • 5,960 SF
    • 0.06 lot acres
    OFF-MARKET
    Last Sale
    Feb 23, 2024
    $4,300,000
    Value Estimations
    $4,300,000
    Show details
    Cap Rate Potential
    5.3%
    Apartment buildings
    Location Intelligence
    Property ID
    US63-0023509
    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

    • Apartment buildings

    Property Details for 310 105th St

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    5,960 SF
    Zone code
    R7A
    Property type
    Apartment buildings
    APN
    01676-0045
    APU
    16760045

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,300,000
      ML approach
      $4,300,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,790,000
      6.5%
      $3,495,000
      7%
      $3,245,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,870,000
      OFFICE BUILDING
      $3,805,000

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9423
    Latitude
    40.7894
    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
    $5,504
    $20,096
    $23,931
    $44,027
    -
    $329,000
    $391,800
    $720,800

    Comparable in this City

    • Value Estimation
      $11,820,000
      47,300 SF

      52 97th St, Unit 58

      APARTMENT HOUSE (5+ UNITS) • 47,300 SF
      52 97th St, New York, NY 10029-7023
      View Details
    • Value Estimation
      $10,645,000
      49,202 SF

      315 103rd St, Unit 334

      APARTMENT HOUSE (5+ UNITS) • 49,202 SF
      315 103rd St, New York, NY 10029-5609
      View Details
    • Value Estimation
      $2,240,000
      32,000 SF

      221 111th St

      APARTMENT HOUSE (5+ UNITS) • 32,000 SF
      221 111th St, New York, NY 10029-2916
      View Details
    • Value Estimation
      $2,150,000
      8,660 SF

      1269 Park Ave

      APARTMENT HOUSE (5+ UNITS) • 8,660 SF
      1269 Park Ave, New York, NY 10029
      View Details
    • Value Estimation
      $4,225,000
      15,349 SF

      22-24 105th St

      APARTMENT HOUSE (5+ UNITS) • 15,349 SF
      22-24 105th St, New York, NY 10029
      View Details
    • Value Estimation
      $6,220,000
      810,774 SF

      1980 1st Ave

      APARTMENT HOUSE (5+ UNITS) • 810,774 SF
      1980 1st Ave, New York, NY 10029
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Luxury East Harlem Apartment Building

      59 Units, 5% Cap Rate, New Construction
      1516 Park Avenue, New York, NY 10029
      View Details
    • $639,000
      557 SF

      Upscale Residences Near Central Park

      42 modern residences, studios to two-bedroom homes, with amenities.
      168 E 111Th St, Manhattan, NY 10029
      View Details
    • $795,000

      Apartment Building on 5TH Ave

      Apartment building for sale on 5TH Ave, New York.
      1270 5Th Ave, New York, NY 10029
      View Details
    • $855,000

      Pre-war Home Off Fifth Avenue

      Pre-war 2BD/1.5BA home with classic charm and modern amenities.
      16 E 98Th St, New York, NY 10029
      View Details
    • Contact for pricing
      50,000 SF

      Harlem Multifamily Portfolio

      Prime East Harlem Investment Opportunity
      1980 2Nd Ave, New York, NY 10029
      View Details
    • $689,000
      842 SF

      Upscale Residences Near Central Park

      42 upscale residences, studios to two-bedroom homes, modern interiors.
      168 E 111Th St, Manhattan, NY 10029
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      122,414 SF

      Prime NYC Executive Office Space

      New York City retail & office suites available
      2005 3Rd Ave, New York, NY 10029
      View Details
    • $73 SF/Yr
      1,800 SF

      Prime East Harlem Retail Space

      1,800 SF Retail Space - High Traffic
      2147 2Nd Ave, New York, NY 10029
      View Details
    • $810 /Mo
      800 SF

      Prime East Harlem Retail Space

      800 sq ft, High Traffic Location
      451 116Th St, New York, NY 10029
      View Details
    • Contact for pricing
      1,460 SF

      Madison Avenue Retail Space Available

      Retail space with high visibility and heavy pedestrian traffic.
      1490 Madison Ave, New York, NY 10029
      View Details
    • Contact for pricing
      620 SF

      Retail Space on Second Avenue

      Retail space in white-box condition with high foot traffic.
      2164 2Nd Ave, New York, NY 10029
      View Details
    • Contact for pricing
      3,650 SF

      East 106th Street Retail Space

      Prime NYC Retail/Industrial Space Available
      172 106Th St, New York, NY 10029
      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.
    310 105th St
    New York, NY 10029-5023
    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.