241-245 54thNew York, NY 10019

  • Residential income properties
  • 17,690 SF
Off market
$2,252,610 Estimated

Property Details for 241-245 54th

Year built
1910
Lot size
0.13 AC
Property size (Sq ft)
17,690 SF
Zone code
C6-5
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
01026-0009
APU
10260009

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,626,610
    6.5%
    $3,347,640
    7%
    $3,108,523
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,582,632
    Geo Method
    $3,582,632
  • Alternative Use

    Use
    Valuation
    Residential
    $3,347,640
    Hospitality
    $3,066,420
    Educational
    $2,551,226
    Medical
    $2,638,966
    Retail
    $3,968,573
241-245 54th, New York, New York
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Location Insight

City
New York
County
New York
State
New York
Latitude
40.7646
Longitude
-73.9832
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
$258,285
$675,000
$1,577,610
$2,252,610
-
$1,500,000
$3,091,000
$4,591,000

FAQs

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