Property profile

531 2nd Ave New York, NY 10016

OFF-MARKET
Investment properties
Property ID
US63-3153247
1,758 SF 0.04 ac lot Built 1910
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1910
Total area 1,758 SF
Lot 0.04 ac (1,758 SF)
Zoning code C18A
APN 00910-0031
UPID US63-3153247

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub Nightclub

Location

531 2nd Ave New York, NY 10016-8275
New York metro Census 7002 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2014
4 recorded transactions
2014
$1.1M
2004
Price N/A
2001
Price N/A
1969
Price N/A

Zoning & alternative use

C18A · 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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