47 Bayard St New York, NY 10013-4902
Property profile & analytics
47 Bayard St New York, NY 10013-4902
- Retail residential properties
- 8,512 SF
- 0.05 lot acres
Property ID
US63-3290460
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.
Location Intelligence
Current Use by Public Records
- Nice One Bakery / Bakery / Specialty Food Shop
Property Details for 47 Bayard St
- Year built
- 1910
- Lot size
- 0.05 lot acres
- Property size
- 8,512 SF
- Zone code
- C6-1
- Property type
- Retail residential properties
- APN
- 00163-0031
- APU
- 1630031
Description
This exceptional mixed-use property at 47 Bayard Street in New York City's vibrant Chinatown offers a compelling investment opportunity. The four-story, 8,025 square foot building, constructed in 1910, sits on a 2,000 square foot lot and features seven units, combining retail, commercial, and residential spaces. Currently boasting a strong Net Operating Income (NOI) of $314,307 and a 6.04% cap rate, this property presents significant potential for increased profitability. The retail space is anchored by the established Nice One Bakery, ensuring a stable income stream. The C6-1 zoning allows for flexibility in future uses. With a diverse unit mix, including high-demand retail and adaptable commercial spaces, this property offers both immediate income and long-term appreciation potential in a highly sought-after Manhattan location. The building's historic charm complements its modern potential, and the approximately 4,316 square feet of available air rights provide further upside. This is a rare chance to acquire a well-performing asset in one of Manhattan's most dynamic neighborhoods. The asking price is $5,200,000, representing a price per square foot of $648.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9975
- Latitude
- 40.7151
- 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
$46,520
$170,550
$268,650
$439,200
-
$379,000
$678,000
$1,057,000
