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Property profile & analytics
OFF-MARKET
Estimated value
$170,305,000
High-rise multifamily apartments
127 John St, New York, NY 10038-3603
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-2230924
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1973
Total area
541,000 SF
Lot
0.76 ac (33,294 SF)
Zoning code
C6-4
APN
00075-0001
UPID
US63-2230924
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
-
Argonaut Insurance Co Insurance Agency
-
Shinjuku Japanese Deli Food Market Restaurant
-
Hey Thai Restaurant
-
Forge Consulting Consultant
-
Hemisphere Intermediaries Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$174.86M
Blend (final)
Blend
$170.31M
Owner & transaction history
200 Water Spe L L C · 15 yrs held
200 Water Spe L L C
since 2010
6 recorded transactions
Zoning & alternative use
C6-4 · 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
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
$170.31M
Range $153.27M – $187.34M · ±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
$315 / 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
$8,208,042
Tax year 2024
Assessed value
$65,653,830
Assessed 2024
Previous assessed
$65,371,310
+0.4% YoY
Effective rate
12.50%
On assessed value
Assessed land
$9,585,000
Assessed improvement
$56,068,830
Land market value
$21,300,000
Improvement market value
$128,428,000
Total market value
$149,728,000
Applied tax rate
2.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1973
Heating
NONE
Buildings
1
Stories
31
Units
579
Total area
541,000 SF
Lot
0.76 ac (33,294 SF)
Zoning code
C6-4
APN
00075-0001
UPID
US63-2230924
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-4 · New York, NY
Zoning C6-4 · permitted uses
C6-4 · 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
1973
Heating
NONE
Stories
31
Buildings
1
Units
579
Lot
0.76 ac
Current owner
From public records · entity-resolved
200 Water Spe L L C
Individual
Mailing address
15 E 26TH ST FL #7, NEW YORK, NY 10010-1503
Ownership since
2010
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
Oct 15, 2020
—
200 Water Spe LLC
—
Deed
related
$11,813,780 · Equitable Fin'l Life Ins Co
Nov 26, 2010
$221,900,000
200 Water Spe L L C
200 Water L L C
Deed
$23,192,254 · Wells Fargo Bank, National Associat
Nov 26, 2010
—
Water Spe L L C 200
—
Deed Of Trust
related
$110,000,000 · Wells Fargo Bank
Aug 4, 2006
—
200 Water LLC
—
Deed Of Trust
related
$95,587,758 · Federal Home Loan Mortgage Cor
—
—
200 Water Spe LLC
—
Deed Of Trust
related
$11,813,780 · Equitable Fin'l Life Ins Co
—
—
200 Water Spe LLC
—
Loan Modification
related
$136,250,000 · Equitable Fin'l Life Ins Co
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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