261-265 47thNew York, NY 10036

  • Theaters & concert halls
  • 20,022 SF
Off market
$12,113,190 Estimated

Property Details for 261-265 47th

Year built
1926
Lot size
0.20 AC
Property size (Sq ft)
20,022 SF
Zone code
C6-5
Property type
Theaters & concert halls
APN
01019-0005
APU
10190005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,962,900
    6.5%
    $1,811,900
    7%
    $1,682,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,988,220
    Geo Method
    $1,988,220
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,817,880
    Retail / Commercial
    $3,496,170
    Mixed-Use / Specialty
    $3,483,710
    Hospitality / Lodging
    $2,555,890
    Office
    $3,463,010
    Institutional / Educational
    $3,621,660
    Residential Income
    $4,237,340
    Multifamily
    $5,082,030
    Automotive / Energy
    $3,104,280
    Parking / Income-Based Land
    $1,071,250
    Restaurant / Food Service
    $1,811,900
    Healthcare / Senior Housing
    $3,572,480

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7604
Longitude
-73.9867
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
-
$1,260,000
$10,853,190
$12,113,190
-
$2,800,000
$25,406,000
$28,206,000

FAQs

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