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Property profile & analytics
OFF-MARKET
Estimated value
$22,555,000
Hotels
10 9th St 20 New York, NY 10011-8983
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-2047565
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Total area
108,600 SF
Lot
0.43 ac (18,625 SF)
Zoning code
M1-5
APN
00628-0004
UPID
US63-2047565
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
-
Golden Joan PhD Physician Medical Clinic
-
D Nelson Consulting Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.56M
Owner & transaction history
Big Outdoor Media Holdings, LLC · 3 yrs held
Big Outdoor Media Holdings, LLC
since 2023
Last sale
$23.3M
4 recorded transactions
Zoning & alternative use
M1-5 · 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
$22,140,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,230,000
6.5%
$21,445,000
7%
$19,910,000
Blend value · Realmo final
$22.56M
Range $20.30M – $24.81M · ±10% · vs last sale $23.32M (Apr 20 2023)
Last sale anchor
$23.32M
Apr 20 2023
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
$208 / 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
$2,658,460
Tax year 2024
Assessed value
$25,098,750
Assessed 2024
Previous assessed
$25,450,200
-1.4% YoY
Effective rate
10.59%
On assessed value
Assessed land
$2,547,000
Assessed improvement
$22,551,750
Land market value
$5,660,000
Improvement market value
$52,899,000
Total market value
$58,559,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
1
Stories
13
Units
1
Total area
108,600 SF
Lot
0.43 ac (18,625 SF)
Zoning code
M1-5
APN
00628-0004
UPID
US63-2047565
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-5 · New York, NY
Zoning M1-5 · permitted uses
M1-5 · 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.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
13
Buildings
1
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Big Outdoor Media Holdings, LLC
Entity
Mailing address
18 9TH AVE, NEW YORK, NY 10014-1202
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2023
$23,317,290
Big Outdoor Media Holdings, LLC
Big Outdoor Management, LLC
Deed
—
Feb 24, 2017
—
Regent Spe LLC
—
Loan Modification, Consolidation And Extension
related
$115,000,000 · Lstar Cap Fin II INC
Feb 22, 2007
—
Gansevoort LLC
—
Deed Of Trust
related
$125,000,000 · Countrywide Com'l R E Fin
May 4, 2005
—
Regent Spe LLC
Regent Hotel LLC
Intrafamily Transfer
related
$34,000,000 · Countrywide Commercial Real Estate
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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