1502-1508 3rdNew York, NY 10028

  • Office properties
  • 22,617 SF
Off market
$10,843,318 Estimated

Property Details for 1502-1508 3rd

Year built
1923
Lot size
0.14 AC
Property size (Sq ft)
22,617 SF
Zone code
C1-9
Property type
Office properties
Property subtype
Office buildings
APN
01513-0040
APU
15130040

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,739,266
    6.5%
    $3,451,630
    7%
    $3,205,085
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,955,137
    Geo Method
    $2,955,137
  • Alternative Use

    Use
    Valuation
    Residential
    $4,280,021
    Hospitality
    $3,920,476
    Educational
    $3,261,790
    Medical
    $3,373,968
    Retail
    $5,073,896
1502-1508 3rd, New York, New York

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7781
Longitude
-73.9549
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $7,566,420
  • Assessed land value
    $1,395,000
  • Assessed value
    $8,961,420
  • Tax year
    2024
  • Tax bill
    $949,194

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