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Property profile & analytics
FOR SALE
Flex space
53 Elizabeth St New York, Manhattan, NY 10013
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-5282795
For Sale
1 / 6
$958,000
53 Elizabeth St,Unit New York, Manhattan, NY 10013
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1915
Total area
1,134 SF
Lot
0.11 ac (4,763 SF)
Zoning code
C62G
APN
00204-1109
UPID
US63-5282795
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
YBL Wellness Management Inc Physician
-
Jane Yang Dental, P.C. Dental Office
-
Artificial Turf Factory Outlet of New York City Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Dr. Victoria W. Zhang, DO Physician
-
Lori Liu Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pecapchan LLC · 9 yrs held
Pecapchan LLC
since 2017
3 recorded transactions
Zoning & alternative use
C62G · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manhattan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,764
Tax year 2024
Assessed value
$101,622
Assessed 2024
Previous assessed
$102,339
-0.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$14,067
Assessed improvement
$87,555
Land market value
$31,260
Improvement market value
$206,563
Total market value
$237,823
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1915
Heating
NONE
Buildings
1
Stories
7
Units
1
Total area
1,134 SF
Lot
0.11 ac (4,763 SF)
Zoning code
C62G
APN
00204-1109
UPID
US63-5282795
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C62G · New York, NY
Zoning C62G · permitted uses
C62G · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New York. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Stories
7
Buildings
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Pecapchan LLC
Entity
Mailing address
53 ELIZABETH STUNI, NEW YORK, NY 10013-4617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2017
—
Pecapchan LLC
53 Elizabeth Group LLC
Deed
$359,187 · Shanghai Commercial Bank Ltd., New
—
—
53 Elizabeth Group LLC
—
Loan Modification
related
$593,031 · Shanghai Com'l Bk Ltd
—
—
Pecapchan LLC
—
Loan Modification
related
$359,187 · Shanghai Com'l Bk Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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