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    505 44th St, Unit 5 New York, NY 10036-3434
    Property profile & analytics

    505 44th St, Unit 5 New York, NY 10036-3434


    • Retail space
    • 772 SF
    • 0.58 lot acres
    Off-Market
    Last Sale Dec 13, 2024
    Property ID
    US63-2189885
    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.

    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 505 44th St

    Year built
    2017
    Lot size
    0.58 lot acres
    Property size
    772 SF
    Zone code
    R8
    Property type
    Retail space
    APN
    01073-1405
    APU
    10731405

    Description

    This exceptional 814-square-foot warehouse space is ideally situated at 505 West 44th Street in New York City's vibrant New York County. The property boasts a single-tenant occupancy, offering immediate possession for a prospective buyer or lessee. Classified as both retail and industrial, this versatile space presents a unique opportunity for a variety of businesses. The building's total square footage mirrors the vacant square footage, indicating a completely available space ready for immediate use. With a convenient 15-foot frontage, the property offers excellent street visibility and accessibility. Located in the 10036 zip code, this property benefits from its central location within New York City, providing easy access to major transportation routes and a diverse workforce. The property's classification as a warehouse, combined with its retail adaptability, makes it suitable for a wide range of commercial uses. This is a rare opportunity to acquire a fully vacant, single-tenant warehouse in a prime Manhattan location. The property's size and location make it an attractive investment for businesses seeking a strategic foothold in a bustling urban environment. The building's straightforward layout and ample square footage offer flexibility for customization and efficient operations. Serious inquiries are encouraged to explore the potential of this unique commercial property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $899,000
      Market price range: $410k - $2.16M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,015,000
      Current 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
    -73.9946
    Latitude
    40.7614
    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
    $20,031
    $10,266
    $178,846
    $189,112
    -
    $10,252
    $426,751
    $437,003
    More about this property
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