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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Retail residential properties
1 Broadway, New York, NY 10038-1114
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-1310935
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1910
Total area
3,848 SF
Lot
0.02 ac (1,031 SF)
Zoning code
C61G
APN
00279-0065
UPID
US63-1310935
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
International Mercantile Marine Company Building Tour Operator
-
Prime Light Electrical Construction Electrical Service General Contractor
-
Patrick J. Birde Law Firm
-
Citi ATM Atm
-
Andrews Kurth Kenyon LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
One Broadway Owner LLC · 7 yrs held
One Broadway Owner LLC
since 2018
6 recorded transactions
Zoning & alternative use
C61G · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New York submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,045,000
6.5%
$1,885,000
7%
$1,750,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,790,000
Current use
OFFICE BUILDING
$2,460,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$452 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$69,532
Tax year 2024
Assessed value
$656,460
Assessed 2024
Previous assessed
$630,000
+4.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$164,700
Assessed improvement
$491,760
Land market value
$366,000
Improvement market value
$1,265,000
Total market value
$1,631,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
4
Units
3
Total area
3,848 SF
Lot
0.02 ac (1,031 SF)
Zoning code
C61G
APN
00279-0065
UPID
US63-1310935
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C61G · New York, NY
Zoning C61G · permitted uses
C61G · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
4
Buildings
1
Units
3
Lot
0.02 ac
Current owner
From public records · entity-resolved
One Broadway Owner LLC
Entity
Mailing address
109 LAFAYETTE ST FL #4, NEW YORK, NY 10013-4138
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
—
One Broadway Owner, LLC
—
Deed
related
$10,403,747 · Deutsche Pfandbriefbank Ag
Oct 13, 2023
—
One Broadway Owner, LLC
—
Deed
related
$11,086,539 · Deutsche Pfandbriefbank Ag
Jun 8, 2023
—
1 Broadway Terrace Associates LLC
—
Deed
related
$444,536 · Keybank National Association
Dec 3, 2018
$139,500,000
One Broadway Owner LLC
Logany LLC
Trust Deed
$74,200,000 · % Square Mile Capital Management LLC % Square Mile Capital Management LLC
Sep 4, 2018
—
1 Broadway Ter Assocs LLC
—
Deed
related
$18,250,000 · Kearny Bk
Sep 27, 2013
—
Jwm Realty LLC
Bugsby Realty INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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