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Property profile & analytics
OFF-MARKET
Estimated value
$28,400,000
High-rise multifamily apartments
10 Un Ave Bala Cynwyd, PA 19004-3390
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5928270
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2019
Total area
202,625 SF
Lot
1.43 ac (62,348 SF)
Zoning code
C2
APN
40-00-62576-00-6
UPID
US73-5928270
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
-
The Kelly Apartments Real Estate Agency
-
Gnosko Bio LLC Corporate Office
-
Main Line Collection Real Estate Agency
-
Bala Cynwyd Notary Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$38.82M
Blend (final)
Blend
$28.40M
Owner & transaction history
Kre Mreg Union Owner LLC · 4 yrs held
Kre Mreg Union Owner LLC
since 2022
7 recorded transactions
Zoning & alternative use
C2 · Bala Cynwyd, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$32.4M
+15.0%
Medical building
$31.9M
+13.4%
Restaurant
$28.4M
+1.0%
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 Bala Cynwyd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bala Cynwyd 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$28,165,000
Current use
OFFICE BUILDING
$32,380,000
Change: +15% · Conversion: Moderate
MEDICAL BUILDING
$31,940,000
Change: +13% · Conversion: Moderate
RESTAURANT
$28,440,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$26,410,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$22,660,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$28.40M
Range $25.56M – $31.24M · ±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
$140 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$528,235
Tax year 2023
Assessed value
$12,648,440
Assessed 2024
Previous assessed
$12,648,440
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$12,648,440
Applied tax rate
40.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
CENTRAL
Units
109
Total area
202,625 SF
Lot
1.43 ac (62,348 SF)
Zoning code
C2
APN
40-00-62576-00-6
UPID
US73-5928270
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Bala Cynwyd, PA
Zoning C2 · permitted uses
C2 · Bala Cynwyd, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bala Cynwyd. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$28.2M
OFFICE BUILDING
Est. value
$32.4M
MEDICAL BUILDING
Est. value
$31.9M
RESTAURANT
Est. value
$28.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$26.4M
INDUSTRIAL (GENERAL)
Est. value
$22.7M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2019
Heating
FORCED AIR
Cooling
Yes
Units
109
Lot
1.43 ac
Current owner
From public records · entity-resolved
Kre Mreg Union Owner LLC
Entity
Mailing address
60 COLUMBUS CIR FL, NEW YORK, NY 10023-5802
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
—
Kre Mreg Union Owner LLC
10 Union Ave Associates LP
Special Warranty Deed
—
Aug 29, 2019
—
10 Union Ave Associates LP
—
Deed
related
$68,000 · Webster Bk NA
Oct 13, 2017
—
10 Union Ave Associates LP
—
Grant Deed
related
$30,521,541 · Beneficial Bk
May 12, 2016
—
10 Union Ave Associates LP
—
Deed
related
$3,770,000 · First Priority Bank
Mar 10, 2011
—
10 Union Ave Associates LP
—
Deed Of Trust
related
$1,550,000 · Sovereign Bank
Jan 18, 2008
$25,000
Merion Twp Lower
10 Union Ave LLC
Grant Deed
—
Mar 28, 2003
$1,316,935
10 Union Ave Assocs
Wagner Hilary B
Grant Deed
$2,600,000 · Millennium Bank NA
Mar 28, 2003
—
10 Union Ave Assocs
Wagner Hilary B
Grant Deed
related
—
—
—
10 Union Ave Associates LP
—
Deed Of Trust
related
$68,000 · Webster Bk NA
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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