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Property profile & analytics
OFF-MARKET
Estimated value
$230,360,000
Hotels
1260 Broadway 1268 New York, NY 10001-3203
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-3440443
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1900
Total area
278,905 SF
Lot
0.46 ac (19,975 SF)
Zoning code
C6-6
APN
00834-0011
UPID
US63-3440443
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
-
Chase Mortgage Loan Service Bank
-
Sweet Graffiti Bakery Specialty Food Shop
-
Cresent Capital Partners Corporate Office Financial Advisor
-
Chase Bank Bank Loan Service
-
Chase ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$241.49M
Blend (final)
Blend
$230.36M
Owner & transaction history
Wdco Nyc Martinique Hotel LLC · 3 yrs held
Wdco Nyc Martinique Hotel LLC
since 2022
6 recorded transactions
Zoning & alternative use
C6-6 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$230.36M
Range $207.32M – $253.40M · ±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
$826 / 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
$3,359,368
Tax year 2024
Assessed value
$31,716,090
Assessed 2024
Previous assessed
$30,492,900
+4.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$13,680,000
Assessed improvement
$18,036,090
Land market value
$30,400,000
Improvement market value
$41,758,000
Total market value
$72,158,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
17
Units
11
Total area
278,905 SF
Lot
0.46 ac (19,975 SF)
Zoning code
C6-6
APN
00834-0011
UPID
US63-3440443
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-6 · New York, NY
Zoning C6-6 · permitted uses
C6-6 · 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.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
17
Buildings
1
Units
11
Lot
0.46 ac
Current owner
From public records · entity-resolved
Wdco Nyc Martinique Hotel LLC
Entity
Mailing address
1260 BROADWAY, NEW YORK, NY 10001-3203
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
Wdco Nyc Martinique Hotel LLC
—
Deed
related
$1,227,160 · Mhny Lender 1 LLC
Sep 30, 2022
—
Seasons Affiliates, LLC
—
Deed
related
$6,232,341 · Voya Investment Management LLC
Apr 25, 2022
—
Ing Life Insurance And Annuity Comp
—
Deed
related
$20,500,000 · Seasons Affiliates, LLC
Dec 2, 2021
—
Wdco Nyc Martinique Hotel LLC
—
Deed
related
$50,500,000 · Cpif Lending, LLC
May 13, 2013
—
Seasons Affiliates LLC
—
Deed Of Trust
related
$15,000,000 · Ing Life Ins & Annunity Co
Jan 2, 2008
—
Herald Associates
—
Deed Of Trust
related
$65,000,000 · J P Morgan Chase Bank
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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