Entity Owned Property summary
AI-generated overview
120 Wall Street is an Art Deco office building completed in 1930 by Kahn & Jacobs, located near major transit in a neighborhood with views toward Brooklyn Heights, the Seaport District, and Governors Island. The building achieved LEED Gold certification in 2020 and features eco-friendly design elements and contemporary building services. It includes an outdoor area and is configured with pre-built spaces; the available portion is delivered as raw space with an area of 10,973 square feet. The building is supported by an Inspire program that provides services, programming, amenity spaces, and on-demand workspaces, and it offers access to co-working and amenity facilities across the Silverstein portfolio. Portions of the property are eligible for real estate tax abatements for qualified 501(c)(3) and 501(c)(6) organizations.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1929
Total area
582,412 SF
Lot
0.54 ac (23,475 SF)
Zoning code
C6-9
APN
00037-0001
UPID
US63-4334955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Charitable Organization Social Service Agency
-
Law Firm
-
Real Estate Agency
-
Charitable Organization Social Service Agency
-
Charitable Organization Social Service Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.89M
Owner & transaction history
since 2020
3 recorded transactions
Zoning & alternative use
C6-9 · New York, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$25.89M
Value range
$23.30M – $28.47M
±10% around blend
Estimated value / SF
$44 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
$23.30M
blend $25.89M
$28.47M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
582,412 SF
Lot area
0.54 ac
Year built
1929
Stories
33
APN
00037-0001
Zoning
C6-9
Assessed value
$45,223,779
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.40M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.5 mi away · 654,168 SF
3.7 mi away · 627,691 SF
3.8 mi away · 743,789 SF
4.2 mi away · 596,559 SF
4.3 mi away · 517,199 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$25.89M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 224 sales
$639
-93%
County 224 sales
$639
-93%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $44/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$45.22M
Move the market yield to see immediate price impact.
Value / SF
$78
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.85M
$56.98M
$40.70M
$31.66M
$3.17M
$63.31M
$45.22M
$35.17M
$3.48M
$69.64M
$49.75M
$38.69M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.48M
0.4 mi · Dec 2025 · $3/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$45,223,779
Assessed 2024
Previous assessed
$46,517,850
-2.8% YoY
Assessed land
$11,047,500
Assessed improvement
$34,176,279
Land market value
$24,550,000
Improvement market value
$84,232,000
Total market value
$108,782,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1929
Heating
NONE
Buildings
1
Stories
33
Units
69
Total area
582,412 SF
Lot
0.54 ac (23,475 SF)
Zoning code
C6-9
APN
00037-0001
UPID
US63-4334955
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-9 · New York, NYZoning C6-9 · permitted uses
C6-9 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
33
Buildings
1
Units
69
Lot
0.54 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C6-9
Jurisdiction
New York, NY
Recorded code
C6-9
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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