Property profile

40 Mercer St GARGE New York, NY 10013

OFF-MARKET
Parking lots & garages
Property ID
US63-3501230
22,187 SF Built 2005
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2005
Total area 22,187 SF
Zoning code M15R9X
APN 00474-1547
UPID US63-3501230

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Parking Lot & Garage
  • Media Distribution
  • Marketing & Advertising Advertising Agency
  • Electric Vehicle Charging Station
  • Parking Lot & Garage

Location

40 Mercer St, Unit GARGE New York, NY 10013-3076
New York metro Census 4700 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
$9.93M

Owner & transaction history

since 2009
3 recorded transactions
2014
Price N/A
2009
$8.9M
1969
Price N/A

Zoning & alternative use

M15R9X · 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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