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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Investment properties
149 2nd Ave New York, NY 10003-5760
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-4192925
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
7,743 SF
Lot
0.09 ac (4,104 SF)
Zoning code
R7A
APN
00465-0053
UPID
US63-4192925
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
-
The Church Group Architecture Firm
-
Telephone Bar & Grill Bar & Pub Restaurant
-
Honey Ryder LLC Restaurant
-
Downtown Social Bar & Pub
-
Kingston Hall Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
West Lake 147-149 Second Avenue LLC · 2 yrs held
West Lake 147-149 Second Avenue LLC
since 2024
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
$310 / 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
$91,613
Tax year 2024
Assessed value
$732,787
Assessed 2024
Previous assessed
$685,082
+7.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$170,767
Assessed improvement
$562,020
Land market value
$1,231,000
Improvement market value
$4,051,400
Total market value
$5,282,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
4
Units
6
Total area
7,743 SF
Lot
0.09 ac (4,104 SF)
Zoning code
R7A
APN
00465-0053
UPID
US63-4192925
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · New York, NYZoning 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
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
4
Buildings
1
Units
6
Lot
0.09 ac
Current owner
From public records · entity-resolved
West Lake 147-149 Second Avenue LLC
Entity
Mailing address
6 GRACE AVE #4, GREAT NECK, NY 11021-2445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
West Lake 127-129 Second Avenue LLC
—
Deed
related
$3,800,000 · Cf Dcope Atls LLC
Aug 29, 2024
—
West Lake 127-129 Second Avenue LLC
—
Deed
related
$17,201,250 · Cf Dcope Atls LLC
Aug 1, 2024
$10,000,000
West Lake 147-149 Second Avenue LLC
Clearwater Jonis LLC
Deed
—
Aug 1, 2024
—
Clearwater Second Avenue Investros
Clearwater Second Avenue Investors
Deed
—
May 22, 2018
—
Cactus 4 LLC
—
Loan Modification
related
$10,057,000 · Santander Bk NA
Jan 8, 2016
$392,157
Shout 1 LLC
Sh 147-149 Second Avenue LLC
Grant Deed
—
Jul 24, 2012
$1,481,431
147-149 Second Avenue LLC
Yl 147-149 Second Avenue LLC
Grant Deed
—
Feb 8, 2012
—
141-143 Second Ave LLC
—
Grant Deed
related
$53,265,851 · New York Community Bank
Mar 18, 2011
—
141-143 Second Ave LLC
—
Deed Of Trust
related
$53,900,000 · New York Community Bank
Apr 27, 2006
$98,691
Second Avenue Village Ptrs LLC
8/49 147-149 Second Avenue LLC
Grant Deed
—
Sep 15, 2005
$8,500,000
147-149 Second Avenue LLC
Clearwater Associates
Grant Deed
—
—
—
Avenue Village Ptrs L Second
—
Deed Of Trust
related
$914,398 · New York Community Bank
—
—
147-149 Second Avenue LLC
—
Deed Of Trust
related
$3,127,808 · Independence Community Bank
—
—
147-149 Second Avenue LLC
—
Deed Of Trust
related
$4,674,191 · Independence Community Bank
—
—
Second Avenue Village Ptrs L
—
Loan Modification, Consolidation And Extension
related
$75,600,000 · New York Cmnty Bk
—
—
Avenue Village Ptrs L Second
—
Deed Of Trust
related
$7,522,019 · New York Community Bank
—
—
Second Avenue Village Ptrs L
—
Deed Of Trust
related
$22,500,835 · New York Cmnty Bk
—
—
141-143 Second Avenue LLC
—
Deed Of Trust
related
$57,000,000 · New York Community 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.
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