Property profile

618 47th St New York, NY 10036

OFF-MARKET
Warehouses
Property ID
US63-1032099
13,900 SF 0.23 ac lot Built 2015
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Total area 13,900 SF
Lot 0.23 ac (10,000 SF)
Zoning code M2-4
APN 01094-0044
UPID US63-1032099

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
  • Big Box & Wholesale Store Building Supply

Location

618 47th St New York, NY 10036-1907
New York metro Census 12902 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
by Request
Comparable Approach Comparable
$10.33M
Blend (final) Blend
$9.15M

Owner & transaction history

since 2013
4 recorded transactions
2013
Price N/A
2013
$10.5M
2011
$6.6M
2007
$3.0M

Zoning & alternative use

M2-4 · New York, NY
Top alternative use upside
Industrial (general) $12.9M +13.7%
Commercial (general) $12.2M +7.7%

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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