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Property profile & analytics
OFF-MARKET
Auto shops
446 54th St New York, NY 10019-4406
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-5577126
Property summary
AI-generated overview
Discover a remarkable 2,400-square-foot ground-floor retail space at 446 West 54th Street, in the heart of Hell's Kitchen, Manhattan. This single-tenant property boasts a spacious, column-free open layout perfect for a variety of uses. High ceilings (12 feet) and durable concrete floors create a modern and adaptable environment. The space includes convenient amenities such as an automatic garage door, a curb cut for easy access, and a private bathroom. A tenant-controlled HVAC system ensures climate comfort year-round. This versatile property is ideal for a storefront retail business or office space, offering a vented space suitable for various needs. Located in New York County, this property offers unparalleled access to the vibrant energy of Hell's Kitchen. The asking rent is available upon request, and flexible terms are open for negotiation. Don't miss this exceptional opportunity to establish your business in a prime Manhattan location. This property presents a unique blend of functionality and accessibility, making it an attractive option for discerning businesses seeking a dynamic and convenient space.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Total area
4,450 SF
Lot
0.06 ac (2,510 SF)
Zoning code
C6-2
APN
01063-0055
UPID
US63-5577126
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
-
Safelite AutoGlass General Contractor Renovation Specialist
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
Pabmb Realty, LLC · 3 yrs held
Pabmb Realty, LLC
since 2022
Last sale
$109.7M
6 recorded transactions
Zoning & alternative use
C6-2 · 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
$79,084
Tax year 2024
Assessed value
$746,640
Assessed 2024
Previous assessed
$743,850
+0.4% YoY
Effective rate
10.59%
On assessed value
Assessed land
$450,000
Assessed improvement
$296,640
Land market value
$1,000,000
Improvement market value
$830,000
Total market value
$1,830,000
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
4,450 SF
Lot
0.06 ac (2,510 SF)
Zoning code
C6-2
APN
01063-0055
UPID
US63-5577126
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-2 · New York, NY
Zoning C6-2 · permitted uses
C6-2 · 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
1950
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Pabmb Realty, LLC
Entity
Free & Clear · 3 yrs held
Mailing address
163 W 74TH ST, NEW YORK, NY 10023-2200
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
$109,700,000
Pabmb Realty, LLC
Michelle Brusco
Deed
—
Oct 6, 2022
$51,075,000
Michelle Brusco
Jnpj Realty, LLC
Deed
—
Nov 7, 2007
$3,500,000
446 West 54th Street LLC
Hutchins,donna
Grant Deed
—
—
—
Donna Hutchins
—
Deed Of Trust
related
$64,165 · Asia Bank NA
—
—
Donna Hutchins
—
Deed Of Trust
related
$2,574 · Asia Bank NA
—
—
Donna Hutchins
—
Deed Of Trust
related
$200,000 · Asia Bank NA
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.
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