Property profile

347 51st St New York, NY 10022

OFF-MARKET
Apartment buildings
Property ID
US63-3422543
11,130 SF 0.06 ac lot Built 1950
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1950
Total area 11,130 SF
Lot 0.06 ac (2,510 SF)
Zoning code R8B
APN 01344-0020
UPID US63-3422543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

347 51st St New York, NY 10022-6770
New York metro Census 9800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.08M

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R8B · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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