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    Property profile & analytics

    445 5th Aveb New York, NY 10016-0133

    • Retail space
    • 5,157 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 01, 2023
    $40,000,000
    Location Intelligence
    Property ID
    US63-2348131
    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

    • Retail space

    Property Details for 445 5th Aveb

    Year built
    1986
    Property size
    5,157 SF
    Zone code
    C5-3
    Property type
    Retail space
    APN
    00869-1002
    APU
    8691002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9818
    Latitude
    40.7516
    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
    $103,159
    $368,768
    $628,272
    $997,040
    -
    $819,484
    $1,344,817
    $2,164,301

    Comparable in this City

    • Value Estimation by Request
      5,135 SF

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      RETAIL STORES (PERSONAL SERVICES) • 5,135 SF
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    • Value Estimation by Request
      4,714 SF

      404 Park Ave Sret

      RETAIL STORES (PERSONAL SERVICES) • 4,714 SF
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    • Value Estimation by Request
      5,662 SF

      155 34th Ststrc

      RETAIL STORES (PERSONAL SERVICES) • 5,662 SF
      155 34th Ststrc, New York, NY 10016-4766
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    • Value Estimation by Request
      2,713 SF

      516 3rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,713 SF
      516 3rd Ave, New York, NY 10016-4702
      View Details
    • Value Estimation by Request
      169 SF

      250 40th Stcmm4

      RETAIL STORES (PERSONAL SERVICES) • 169 SF
      250 40th Stcmm4, New York, NY 10016-1721
      View Details
    • Value Estimation by Request
      2,379 SF

      200 28th Stcomm

      RETAIL STORES (PERSONAL SERVICES) • 2,379 SF
      200 28th Stcomm, New York, NY 10016-8566
      View Details

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    Similar Nearby for Lease

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      12,114 SF

      Prime Midtown Retail Space

      12,114 SF Available, NYC
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      2,847 SF

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    New York, NY 10016-0133
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    Realmo Value Estimation

    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.

    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.

    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
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