Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    52 Duane St, Unit 58 New York, NY 10007-1207

    • Banks
    • 103,158 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimations
    $24,120,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1612696
    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.

    Current Use by Public Records

    • Reardon Anderson, LLC / Real Estate Attorney / Insurance Attorney
    • Law Offices of Peter Katz / Legal Services
    • Law Office of Robert J. Maher, PC / Estate Planning Attorney / Immigration Attorney
    • Robbins Geller Rudman & Dowd / Attorney
    • Weiss and Akerman, PC, Robert Weiss and Robert Akerman, Attorneys / Attorney

    Property Details for 52 Duane St

    Year built
    1935
    Lot size
    0.22 lot acres
    Property size
    103,158 SF
    Zone code
    C6-4
    Property type
    Banks
    APN
    00155-0003
    APU
    1550003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.004
    Latitude
    40.7142
    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
    $1,217,447
    $774,000
    $10,720,020
    $11,494,020
    -
    $1,720,000
    $24,554,000
    $26,274,000

    Comparable in this City

    • Value Estimation by Request
      71,959 SF

      30 Vesey St

      FINANCIAL BUILDING • 71,959 SF
      30 Vesey St, New York, NY 10007-2914
      View Details
    • Value Estimation by Request
      80,298 SF

      20 Vesey St

      FINANCIAL BUILDING • 80,298 SF
      20 Vesey St, New York, NY 10007-2913
      View Details
    • Value Estimation by Request
      239,671 SF

      280 Broadway

      FINANCIAL BUILDING • 239,671 SF
      280 Broadway, New York, NY 10007-1868
      View Details
    • Value Estimation by Request
      314,784 SF

      117 Duane St, Unit 125

      FINANCIAL BUILDING • 314,784 SF
      117 Duane St, New York, NY 10007-1104
      View Details
    • Value Estimation
      $47,820,000
      253,033 SF

      299 Broadway

      FINANCIAL BUILDING • 253,033 SF
      299 Broadway, New York, NY 10007-1901
      View Details
    • Value Estimation
      $595,000
      258,000 SF

      125 Barclay St, Unit 158

      FINANCIAL BUILDING • 258,000 SF
      125 Barclay St, New York, NY 10007-2233
      View Details

    Similar Nearby for Sale

    • $5,500,000
      3,495 SF

      Retail Space in Luxury Condominium

      3,495 SF retail space with 125 feet of frontage.
      100 Chambers St, New York, NY 10007
      View Details
    • $2,900,000
      8 SF

      Tribeca Retail Condominium For Sale

      Retail condominium with full restaurant capabilities in prime Tribeca location.
      146 Chambers St, New York, NY 10007
      View Details
    • $50,000

      Restaurant Business For Sale

      Restaurant business opportunity in New York (Manhattan), NY.
      189 Church St, Manhattan, NY 10007
      View Details
    • $199,000

      Manhattan Business Opportunity For Sale

      Commercial property available in New York (Manhattan), NY 10007.
      166 Church St, Manhattan, NY 10007
      View Details
    • $7,890,000

      Woolworth Building Residence

      Luxurious residence in a historic landmark with city and river views.
      2 Park Pl, New York City, NY 10007
      View Details
    • $2,165,000

      Chambers Street Multifamily Opportunity

      Multifamily property for sale in New York, NY.
      126 Chambers St, New York, NY 10007
      View Details

    Similar Nearby for Lease

    • $4,900 /Mo
      890 SF

      Retail Space in Two Bridges

      Retail space suitable for community use in burgeoning Two Bridges.
      183 E Broadway, New York, NY 10007
      View Details
    • Contact for pricing
      4,439 SF

      Prime Retail Space in New York

      Retail space available in high-traffic New York location.
      25 Murray St, New York, NY 10007
      View Details
    • $9,500 /Mo
      4,550 SF

      Tribeca Retail Space For Lease

      Ground floor retail space in Tribeca with flexible terms.
      28 Warren St, New York, NY 10007
      View Details
    • Contact for pricing
      4,370 SF

      Tribeca Retail Space Available

      Retail space in Tribeca with high visibility and foot traffic.
      38 Warren St, New York, NY 10007
      View Details
    • Contact for pricing
      100,000 SF

      Prime NYC Executive Office Space

      100 Church St: 2,315 SF Available
      100 Church St, New York, NY 10007
      View Details
    • Contact for pricing
      3,500 SF

      Prime Retail Space Near WTC

      Retail space near World Trade Center with high foot traffic.
      17 Park Pl, New York, NY 10007
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    52 Duane St, Unit 58
    New York, NY 10007-1207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.