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Property profile & analytics
OFF-MARKET
Estimated value
$4,830,000
Office buildings
1151 Broadway New York, NY 10001-7793
Entity Owned
~
Est. High Equity
Property ID
US63-1655696
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1930
Total area
10,662 SF
Lot
0.09 ac (3,985 SF)
Zoning code
M1-6
APN
00828-0051
UPID
US63-1655696
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
-
Premier equities Financial Advisor
-
Solgaard Industrial Manufacturer Production Facility
-
Manhattes Group LLC Real Estate Agency
-
Nomad Girl Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.83M
Owner & transaction history
Isl 1151 LLC
Isl 1151 LLC
since 2026
6 recorded transactions
Zoning & alternative use
M1-6 · 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%
$5,935,000
6.5%
$5,480,000
7%
$5,085,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,810,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,770,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.83M
Range $4.35M – $5.31M · ±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
$453 / 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
$308,821
Tax year 2024
Assessed value
$2,915,610
Assessed 2024
Previous assessed
$2,757,780
+5.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$450,000
Assessed improvement
$2,465,610
Land market value
$1,000,000
Improvement market value
$5,775,000
Total market value
$6,775,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
4
Units
6
Total area
10,662 SF
Lot
0.09 ac (3,985 SF)
Zoning code
M1-6
APN
00828-0051
UPID
US63-1655696
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-6 · New York, NY
Zoning M1-6 · permitted uses
M1-6 · 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
OFFICE BUILDING Current
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1930
Heating
NONE
Stories
4
Buildings
1
Units
6
Lot
0.09 ac
Current owner
From public records · entity-resolved
Isl 1151 LLC
Entity
Mailing address
1151 BROADWAY FL 2S, NEW YORK, NY 10001-7793
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Apr 28, 2026
$29,200,000
Isl 1151 LLC
Premier 1151-1153 Broadway LLC
Deed
—
Nov 16, 2022
—
1151-1153 Broadway LLC
—
Deed
related
$92,002 · Signature Bank
Oct 30, 2017
—
Premier 1151-1153 Broadway LLC
—
Loan Modification, Consolidation And Extension
related
$13,750,000 · Bankunited Fsb
May 23, 2014
$11,250,000
Premier 1151-1153 Broadway LLC
Harding & Noble Corp
Trustees Deed
$7,181,429 · Bank United
May 23, 2014
—
Harding &e Noble Corp
Emmett Ents INC
Warranty Deed
related
—
—
—
Premier 1151-1153 Broadway LLC
—
Deed Of Trust
related
$5,131,969 · Bankunited Fsb
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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