49 Essex St New York, NY 10002-0865
Property profile & analytics
49 Essex St New York, NY 10002-0865
- Retail residential properties
- 8,690 SF
- 0.05 lot acres
Property ID
US63-5926681
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
- essex convenience / Grocery & Convenience Store
- Bounce Luggage Storage - Essex / Storage Facility
Property Details for 49 Essex St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 8,690 SF
- Zone code
- C6-2
- Property type
- Retail residential properties
- APN
- 00310-0021
- APU
- 3100021
Description
This exceptional 17-unit apartment building is situated on 49 Essex Street in the vibrant Lower East Side of New York City, NY 10002. The five-story building presents a compelling investment opportunity with a current asking price of $4,400,000, translating to approximately $258,823.53 per unit. The property's location within this prime neighborhood offers strong rental demand and potential for future appreciation. The building's multifamily structure provides a diversified income stream, making it an attractive asset for seasoned investors. This is a chance to acquire a well-positioned property in a rapidly developing area of Manhattan. The building's strong performance is reflected in its current 5% capitalization rate. Further details regarding the building's financial performance and operational history are available upon request. This is a rare opportunity to acquire a substantial multifamily property in one of New York City's most sought-after neighborhoods. Serious inquiries only. The property is conveniently located near various transportation options, providing easy access to other parts of the city. This is a turnkey investment ready for immediate income generation. The building's solid construction and established tenancy contribute to its overall value and stability.
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
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9896
- Latitude
- 40.7166
- 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
$105,647
$148,500
$696,540
$845,040
-
$330,000
$1,726,000
$2,056,000
