New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,545,000
Retail residential properties
144 Sherman Ave 150, New York, NY 10034-4501
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-3328585
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1917
Total area
39,780 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R7A
APN
02225-0042
UPID
US63-3328585
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
-
Capa deli & grocery Specialty Food Shop
-
Cris’s flower shop Big Box & Wholesale Store
-
Juanito's Deli Grocery Grocery & Convenience Store Food Market
-
LUSH SMOKE SHOP DYCKMAN (Bike/Boat/Book/etc) 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
$10.55M
Owner & transaction history
Donald Agababian · 8 yrs held
Donald Agababian
since 2017
7 recorded transactions
Zoning & alternative use
R7A · 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
$265 / 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
$162,082
Tax year 2024
Assessed value
$1,296,450
Assessed 2024
Previous assessed
$1,186,650
+9.3% YoY
Effective rate
12.50%
On assessed value
Assessed land
$139,950
Assessed improvement
$1,156,500
Land market value
$311,000
Improvement market value
$2,809,000
Total market value
$3,120,000
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
1917
Heating
NONE
Buildings
1
Stories
5
Units
46
Total area
39,780 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R7A
APN
02225-0042
UPID
US63-3328585
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · New York, NY
Zoning R7A · permitted uses
R7A · 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
1917
Heating
NONE
Stories
5
Buildings
1
Units
46
Lot
0.23 ac
Current owner
From public records · entity-resolved
Donald Agababian
Individual
Mailing address
144 SHERMAN AVE, NEW YORK, NY 10034-4501
Ownership since
2017
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
Aug 11, 2020
—
Leagem Partners LLC
—
Deed
related
$48,955,000 · New York Cmnty Bk
Nov 22, 2017
—
Donald Agababian
Lm Academy Realty LLC
Grant Deed
$36,000,000 · People's United Bk
Nov 22, 2017
$12,000,000
Leagem Partners LLC
Lm Academy Realty LLC
Grant Deed
—
Jun 25, 2010
—
Lm Academy Realty LLC
—
Deed Of Trust
related
$2,275,000 · Oritani Bank
Mar 30, 2005
$1,315,000
Lm Academy Realty LLC
603 Academy Street LLC
Deed
$1,325,000 · Nomura Credit & Capital INC
—
—
Lm Academy Realty LLC
—
Loan Modification
related
$3,500,000 · Signature Bank
—
—
Lm Academy Realty LLC
—
Deed Of Trust
related
$1,116,736 · Oritani Bank
—
—
Leagem Partners LLC
—
Loan Modification
related
$48,955,000 · New York Cmnty Bk
—
—
Lm Academy Realty LLC
—
Deed Of Trust
related
$1,158,263 · Oritani 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 144 Sherman Ave, Unit 150?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
