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Property profile & analytics

80 Elizabeth St, Unit COMM New York, NY 10013-5557

  • Retail space
  • 28,002 SF
  • 0.41 lot acres
OFF-MARKET
Value Estimations
$1,065,000
Cap Rate Potential
Location Intelligence
Property ID
US63-1843232
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

  • Royal Elizabeth Condominium / Condominium Complex

Property Details for 80 Elizabeth St

Lot size
0.41 lot acres
Property size
28,002 SF
Zone code
C62G
Property type
Retail space
APN
00239-1001
APU
2391001

Description

This prime corner retail condominium at 80 Elizabeth St, New York, NY 10013, offers 28,317 square feet of space, ideally situated in a vibrant downtown Manhattan location. The property boasts 15,620 square feet on the ground floor and 12,697 square feet on the lower level, with excellent ceiling heights throughout. Its strategic location provides 275 feet of combined frontage, including 175 feet on Elizabeth Street and 100 feet on Hester Street, ensuring high visibility and accessibility. Currently configured as three commercial units, two of which are occupied under existing leases. The building, known as the Royal Elizabeth, is a full-service mixed-use building with 81 condominiums, a full-time doorman, roof terrace, shared storage, bike storage, and laundry facilities. Conveniently located near multiple subway lines (B, D, J, Z, N, Q, R, W, and 6 trains), it sits at the crossroads of Chinatown, Little Italy, and Nolita, offering proximity to renowned restaurants and shops. Built in 1929, this two-story storefront presents a unique investment opportunity. The auction deadline is March 6, 2024, at 3:00 PM (New York time), with the auction date set for March 13, 2024, at 12:00 PM (New York time).


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9959
Latitude
40.7178
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
$266,967
$1,044,906
$1,891,075
$2,935,981
-
$2,322,014
$3,279,000
$5,601,014
More about this property
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