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Property profile & analytics
OFF-MARKET
Estimated value
$7,045,000
Retail residential properties
144-148 22nd St, New York, NY 10010
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-3615759
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1925
Total area
24,894 SF
Lot
0.14 ac (5,925 SF)
Zoning code
R9A
APN
00877-0057
UPID
US63-3615759
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
$7.05M
Owner & transaction history
144 East 22nd Street LLC · 15 yrs held
144 East 22nd Street LLC
since 2010
7 recorded transactions
Zoning & alternative use
R9A · 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
$283 / 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
$357,841
Tax year 2024
Assessed value
$2,862,270
Assessed 2024
Previous assessed
$2,168,550
+32.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$783,000
Assessed improvement
$2,079,270
Land market value
$1,740,000
Improvement market value
$5,087,000
Total market value
$6,827,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1925
Heating
NONE
Buildings
1
Stories
6
Units
47
Total area
24,894 SF
Lot
0.14 ac (5,925 SF)
Zoning code
R9A
APN
00877-0057
UPID
US63-3615759
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R9A · New York, NY
Zoning R9A · permitted uses
R9A · 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
1925
Heating
NONE
Stories
6
Buildings
1
Units
47
Lot
0.14 ac
Current owner
From public records · entity-resolved
144 East 22nd Street LLC
Entity
Mailing address
98 CUTTERMILL RD, GREAT NECK, NY 11021-3036
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2010
$9,725,000
144 East 22nd Street LLC
22nd Street Surplus Holding Co
Grant Deed
$4,729,202 · New York Community Bank
Sep 8, 2010
—
144 East 22nd Street LLC
—
Deed Of Trust
related
$4,729,202 · New York Community Bank
—
—
Gramercy Park Estates LLC
—
Deed Of Trust
related
$3,057,738 · New York Community Bank
—
—
22nd Street Surplus Holding Co
—
Deed Of Trust
related
$116,994 · New York Community Bank
—
—
22nd St Surplus Holding Co LP
—
Deed Of Trust
related
$3,000,000 · New York Community Bank
—
—
22nd Street Surplus Holding Co
—
Deed Of Trust
related
$1,870,000 · New York Community Bank
—
—
Gramercy Park Estates LLC
—
Loan Modification
related
$10,716,000 · New York Cmnty Bk
—
—
144 East 22nd Street LLC
—
Deed Of Trust
related
$7,710,000 · New York Community Bank
—
—
Gramercy Park Estates LLC
—
Loan Modification, Consolidation And Extension
related
$10,500,000 · New York Cmnty Bk
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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