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Property profile & analytics
FOR SALE
Office buildings
121 E 60Th St 3B New York, NY 10022
Individually Owned
Free & Clear
Property ID
US63-3028374
For Sale
1 / 12
$875,000
121 E 60Th St,Unit 3B, New York, NY 10022
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1924
Total area
49,815 SF
Lot
0.14 ac (6,025 SF)
Zoning code
R8B
APN
01395-0010
UPID
US63-3028374
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
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
El Chaar, Edgard Dds
El Chaar, Edgard Dds
since 2026
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
R8B · 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
$819,620
Tax year 2024
Assessed value
$7,738,102
Assessed 2024
Previous assessed
$7,663,140
+1.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$1,107,000
Assessed improvement
$6,631,102
Land market value
$2,460,000
Improvement market value
$15,364,000
Total market value
$17,824,000
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
PROFESSIONAL BUILDING
Status
For Sale
Year built
1924
Heating
NONE
Buildings
1
Stories
11
Units
60
Total area
49,815 SF
Lot
0.14 ac (6,025 SF)
Zoning code
R8B
APN
01395-0010
UPID
US63-3028374
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8B · New York, NY
Zoning R8B · permitted uses
R8B · 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
1924
Heating
NONE
Stories
11
Buildings
1
Units
60
Lot
0.14 ac
Current owner
From public records · entity-resolved
El Chaar, Edgard Dds
Individual
Free & Clear · 0 yrs held
Mailing address
121 E 60TH ST APT 5C, NEW YORK, NY 10022-1198
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
$1,700,000
El Chaar, Edgard Dds
James Eisdorfer
Deed
—
Nov 15, 2024
$650,000
Ngrnt Holdings LLC
Michael Mann
Deed
—
Oct 31, 2024
$350,000
Lawrence Herman
Dov Grant
Deed
related
—
Oct 31, 2024
—
Ngrnt Holdings LLC
—
Deed
related
—
Mar 21, 2024
—
121 E 60th #5c LLC
Edward Lipke
Deed
—
Mar 11, 2024
$425,000
Chia Yi J Chen
Yip Watson
Deed
—
Mar 5, 2024
—
121 East 60 LLC
—
Deed
related
—
May 8, 2023
$435,000
Nyc Maximilian Holding Company LLC
Thomas G O'brien
Deed
—
Nov 17, 2022
$1,100,000
Patricia Dental Suites, LLC
Popper Dental Holdings LLC
Deed
—
Jun 17, 2022
—
Six C Perio Realty LLC
—
Deed
related
—
Feb 1, 2022
—
Karen Mallimson
Karen E Mallimson
Intrafamily Transfer
related
—
Jan 11, 2022
—
Professional Offices, INC
—
Deed
related
$1,578,906 · Td Bank N.a.
—
—
Professional Offices INC
—
Deed Of Trust
related
$549,990 · Astoria Fsb
—
—
Professional Offices INC
—
Loan Modification
related
$750,000 · Astoria 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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