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Property profile & analytics
OFF-MARKET
Estimated value
$3,370,000
Apartment buildings
10 135th St New York, NY 10037-2602
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-0852564
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Total area
267,008 SF
Lot
1.76 ac (76,666 SF)
Zoning code
R7-2
APN
01730-0045
UPID
US63-0852564
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
-
Gregory O. Page, DMD Dental Office
-
Harlem Smiles Dental Office
-
Ferebee Claude T DDS Dental Office
-
Dr. Tiffany I. Allen, DMD Dental Office
-
Harris John C DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.37M
Owner & transaction history
First Lenox Terrace Associates LLC · 9 yrs held
First Lenox Terrace Associates LLC
since 2016
7 recorded transactions
Zoning & alternative use
R7-2 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.37M
Range $3.03M – $3.71M · ±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
$13 / 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
$1,038,429
Tax year 2024
Assessed value
$9,839,880
Assessed 2024
Previous assessed
$9,320,400
+5.6% YoY
Effective rate
10.55%
On assessed value
Assessed land
$1,345,950
Assessed improvement
$8,493,930
Land market value
$2,991,000
Improvement market value
$15,467,000
Total market value
$18,458,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1958
Heating
NONE
Buildings
1
Stories
16
Units
286
Total area
267,008 SF
Lot
1.76 ac (76,666 SF)
Zoning code
R7-2
APN
01730-0045
UPID
US63-0852564
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-2 · New York, NYZoning R7-2 · permitted uses
R7-2 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
16
Buildings
1
Units
286
Lot
1.76 ac
Current owner
From public records · entity-resolved
First Lenox Terrace Associates LLC
Entity
Mailing address
135 E 57TH ST FL #22, NEW YORK, NY 10022-2134
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2016
—
Sixth Lenox Terrace Assocs LLC
—
Deed
related
$27,156,549 · Capital One NA
Oct 17, 2016
—
Fourth Lenox Terrace Assocs Ll
—
Deed
related
$29,329,073 · Capital One NA
Oct 13, 2016
$18,000,000
First Lenox Terrace Associates LLC
First Lenox Terrace Associates
Deed
$9,699,681 · Capital One NA
Oct 13, 2016
—
Third Lenox Terrace Assocs LLC
—
Deed
related
$27,699,680 · Capital One NA
Mar 20, 2008
—
First Lenox Terrace Assocs
—
Deed Of Trust
related
$62,500,000 · Prudential Insurance Co
Feb 5, 2007
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$62,500,000 · Prudential Insurance Co
Oct 10, 2006
—
Fifth Lenox Terrace Associat
—
Deed Of Trust
related
$34,671,522 · Prudential Insurance Co
Feb 16, 2001
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$18,667,860 · Hsbc Bank USA
—
—
Fourth Lenox Terrace Assocs Ll
—
Loan Modification, Consolidation And Extension
related
$29,329,073 · Capital One NA
—
—
First Lenox Terrace Assocs
—
Deed Of Trust
related
$1,333,333 · Prudential Insurance Co
—
—
First Lenox Terrace Assocs LLC
—
Loan Modification, Consolidation And Extension
related
$27,699,680 · Capital One NA
—
—
Third Lenox Terrace Assocs LLC
—
Loan Modification, Consolidation And Extension
related
$27,699,680 · Capital One NA
—
—
Sixth Lenox Terrace Assocs LLC
—
Loan Modification, Consolidation And Extension
related
$27,156,549 · Capital One NA
—
—
Second Lenox Terrace Assocs Ll
—
Loan Modification, Consolidation And Extension
related
$27,699,680 · Capital One NA
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$1,166,667 · Prudential Insurance Co
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$3,000,000 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$12,500,000 · Prudential Insurance Co
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$5,778,587 · Prudential Insurance Co
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$6,721,412 · Prudential Insurance Co
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$5,833,333 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$6,666,667 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$1,333,333 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$1,166,667 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$62,500,000 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Loan Modification
related
$12,500,000 · Prudential Insurance Co Americ
—
—
First Lenox Terrace Associates
—
Deed Of Trust
related
$15,000,000 · Prudential Insurance Co Americ
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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