New search
Property profile & analytics
OFF-MARKET
Banks
105 106th St 111 New York, NY 10029-4623
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2340240
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1929
Total area
78,600 SF
Lot
0.23 ac (10,092 SF)
Zoning code
C8-4
APN
01634-0003
UPID
US63-2340240
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
-
Metropolis Studios Inc Film Production Television Studio
-
Tvc Broadcasting of New York Radio Station Telecommunications Service
-
Fresenius Kidney Care City Dialysis Medical Clinic
-
New York City Housing Preservation City Government Office
-
McDonald’s Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wmc Associates LLC · 4 yrs held
Wmc Associates LLC
since 2022
4 recorded transactions
Zoning & alternative use
C8-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$761,451
Tax year 2024
Assessed value
$7,188,930
Assessed 2024
Previous assessed
$7,063,560
+1.8% YoY
Effective rate
10.59%
On assessed value
Assessed land
$454,050
Assessed improvement
$6,734,880
Land market value
$1,009,000
Improvement market value
$15,293,000
Total market value
$16,302,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1929
Heating
NONE
Buildings
1
Stories
11
Units
5
Total area
78,600 SF
Lot
0.23 ac (10,092 SF)
Zoning code
C8-4
APN
01634-0003
UPID
US63-2340240
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-4 · New York, NY
Zoning C8-4 · permitted uses
C8-4 · 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
1929
Heating
NONE
Stories
11
Buildings
1
Units
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Wmc Associates LLC
Entity
Mailing address
1129 NORTHERN BLVD STE #402, MANHASSET, NY 11030-3022
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2022
—
Wmc Associates LLC
—
Deed
related
$3,000,000 · First Republic Bank
May 8, 2018
—
Wmc Associates LLC
—
Loan Modification
related
$15,000,000 · First Republic Bk
Oct 26, 2012
—
Wmc Associates LLC
—
Grant Deed
related
$12,500,000 · Capital One
—
—
Wmc Associates LLC
—
Deed Of Trust
related
$4,198,673 · First Republic Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 105 106th St, Unit 111?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
