Property profile

505-509 116th St New York, NY 10029

OFF-MARKET
Super regional malls
Property ID
US63-1117662
22,727 SF 0.14 ac lot Built 2007
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2007
Total area 22,727 SF
Lot 0.14 ac (6,055 SF)
Zoning code C4-4
APN 01715-0007
UPID US63-1117662

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505-509 116th St New York, NY 10029
New York metro Census 17800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2007
7 recorded transactions
2010
Price N/A
2007
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

C4-4 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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