New search
Property profile & analytics
OFF-MARKET
Estimated value
$66,860,000
Banks
134 Madison Ave 146, New York, NY 10016-7004
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US63-2521990
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1916
Total area
255,447 SF
Lot
0.42 ac (18,375 SF)
Zoning code
C5-2
APN
00861-0015
UPID
US63-2521990
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
-
Magneto Mart Discount Store
-
THE ORGANIC SUPERMART Specialty Food Shop Grocery & Convenience Store
-
Daulat Farms Organic Spices, Pulses, Grains, Beans, Organic Farm Produce Specialty Food Shop Grocery & Convenience Store
-
DDC Domus Design Collection Furniture & Home Goods Home Decor Store
-
Minotti New York Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$66.86M
Owner & transaction history
136 Madison LLC · 16 yrs held
136 Madison LLC
since 2010
4 recorded transactions
Zoning & alternative use
C5-2 · 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
$262 / 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
$3,131,763
Tax year 2024
Assessed value
$29,567,250
Assessed 2024
Previous assessed
$28,594,050
+3.4% YoY
Effective rate
10.59%
On assessed value
Assessed land
$8,145,000
Assessed improvement
$21,422,250
Land market value
$18,100,000
Improvement market value
$58,380,000
Total market value
$76,480,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1916
Heating
NONE
Buildings
2
Stories
16
Units
20
Total area
255,447 SF
Lot
0.42 ac (18,375 SF)
Zoning code
C5-2
APN
00861-0015
UPID
US63-2521990
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-2 · New York, NY
Zoning C5-2 · permitted uses
C5-2 · 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
1916
Heating
NONE
Stories
16
Buildings
2
Units
20
Lot
0.42 ac
Current owner
From public records · entity-resolved
136 Madison LLC
Entity
Mailing address
134 MADISON AVE, NEW YORK, NY 10016-7004
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2010
—
136 Madison LLC
—
Deed Of Trust
related
$27,000,000 · Apple Bank For Savings
—
—
136 Madison LLC
—
Deed Of Trust
related
$35,665,522 · Miscellaneous Ins Co
—
—
136 Madison LLC
—
Loan Modification, Consolidation And Extension
related
$60,000,000 · Miscellaneous Ins Co
—
—
136 Madison LLC
—
Deed Of Trust
related
$6,609,032 · Apple Bank For Savings
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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