981 2ndNew York, NY 10022

  • Mixed-use properties
  • 5,717 SF
For Lease
$133/SF/YR View listing

Property Details for 981 2nd

Year built
1900
Lot size
0.03 AC
Property size (Sq ft)
5,717 SF
Zone code
C1-9
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
01325-0031
APU
13250031

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $945,191
    6.5%
    $872,484
    7%
    $810,164
  • Comparable approach

    Method
    Valuation
    Method 1
    $746,983
    Method 2
    $746,983
  • Alternative Use

    Use
    Valuation
    Residential
    $1,081,880
    Hospitality
    $990,996
    Educational
    $824,497
    Medical
    $852,853
    Retail
    $1,282,551
981 2nd, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7561
Longitude
-73.9679
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $623,464
  • Assessed land value
    $228,008
  • Assessed value
    $851,472
  • Tax year
    2024
  • Tax bill
    $106,451

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