New search
Property profile & analytics
FOR SALE
Investment properties
352 E 116Th St New York, NY 10029
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-0695705
For Sale
1 / 24
$1,800,000
352 E 116Th St, New York, NY 10029
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
3,744 SF
Lot
0.04 ac (1,650 SF)
Zoning code
R7B
APN
01687-0031
UPID
US63-0695705
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
Current use
Occupant on record · Public records
-
Elite Investigations Security Service
-
Ralph & Nash Deli Market Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elite 29 Realty LLC · 7 yrs held
Elite 29 Realty LLC
since 2019
5 recorded transactions
Zoning & alternative use
R7B · 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
—
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
$16,715
Tax year 2024
Assessed value
$83,221
Assessed 2024
Previous assessed
$83,221
+0.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$32,633
Assessed improvement
$50,588
Land market value
$816,000
Improvement market value
$1,265,000
Total market value
$2,081,000
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
1900
Heating
NONE
Buildings
1
Stories
4
Units
3
Total area
3,744 SF
Lot
0.04 ac (1,650 SF)
Zoning code
R7B
APN
01687-0031
UPID
US63-0695705
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7B · New York, NY
Zoning R7B · permitted uses
R7B · 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
1900
Heating
NONE
Stories
4
Buildings
1
Units
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Elite 29 Realty LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2001 CENTRAL PARK AVE, YONKERS, NY 10710-2427
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2019
$2,100,000
Elite 29 Realty LLC
Gomez,anibal
Grant Deed
—
Nov 13, 2009
$810,867
Anibal Gomez
Barrio North Homes LLC
Grant Deed
$402,930 · Sterling National Mortgage Co
Jun 29, 2007
—
Barrio North Homes LLC
—
Trustees Deed
related
$2,261,980 · Bpd Bank
Jul 22, 2005
—
Barrio North Homes LLC
The Secretary Of Housing & U
Grant Deed
$2,179,897 · Hud
May 3, 2005
—
Secretary Of Housing & Urban
Sklar,paul
Trustees Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
