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Property profile & analytics
FOR LEASE
Specialty properties
145 East 42Nd St, New York, NY 10017
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-1247057
For Lease
1 / 2
Contact for pricing
145 East 42Nd St, New York, NY 10017
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1935
Total area
10,721 SF
Lot
0.09 ac (3,724 SF)
Zoning code
C5-3
APN
01297-0027
UPID
US63-1247057
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
by Request
Owner & transaction history
R & S Trylons LLC · 7 yrs held
R & S Trylons LLC
since 2019
7 recorded transactions
Zoning & alternative use
C5-3 · 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
—
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
$415,125
Tax year 2024
Assessed value
$3,919,230
Assessed 2024
Previous assessed
$3,804,300
+3.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$976,950
Assessed improvement
$2,942,280
Land market value
$2,171,000
Improvement market value
$7,773,000
Total market value
$9,944,000
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
Specialty properties
Use group
FUNERAL HOME
Status
For Lease
Year built
1935
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
10,721 SF
Lot
0.09 ac (3,724 SF)
Zoning code
C5-3
APN
01297-0027
UPID
US63-1247057
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-3 · New York, NY
Zoning C5-3 · permitted uses
C5-3 · 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
1935
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
R & S Trylons LLC
Entity
Mailing address
PO BOX 1400, HICKSVILLE, NY 11802-1400
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2019
$75,500,000
R & S Trylons LLC
Ts Trylons LLC
Grant Deed
—
Apr 10, 2019
—
R & S Trylons LLC
—
Loan Modification
related
$20,000,000 · Cmtg Lender 13 LLC
Dec 13, 2017
—
Ts Trylons LLC
—
Loan Modification
related
$1,100,000 · Manufacturers & Traders Tr
Aug 1, 2008
—
Ts Trylons LLC
Trylons 42 LLC
Quit Claim Deed
related
—
Feb 21, 2006
—
Trylons 42 LLC
Tst 666 Third LLC
Intrafamily Transfer
related
$14,000,000 · Deutsche Bank Mortgage Capital LLC
—
—
Ts Trylons LLC
—
Loan Modification, Consolidation And Extension
related
$18,900,000 · Manufacturers & Traders Tr
—
—
Ts Trylons LLC
—
Loan Modification
related
$18,900,000 · Manufacturers & Traders Tr
—
—
42 L L C Trylons
—
Deed Of Trust
related
$14,000,000 · Wells Fargo 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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