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Property profile & analytics
OFF-MARKET
Estimated value
$15,735,000
Retail space
15 34th Stret New York, NY 10001-3015
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US63-3197475
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1907
Total area
10,595 SF
Zoning code
C5-3
APN
00836-1001
UPID
US63-3197475
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
-
AMG - Enchante Importer Wholesaler
-
Pentagon 2000 Software Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Zumiez (Bike/Boat/Book/etc) Store
-
Sheffield LABS Industrial Manufacturer
-
FAB NY Big Box & Wholesale 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
$15.74M
Owner & transaction history
15 W 34th Stretail LLC · 16 yrs held
15 W 34th Stretail LLC
since 2009
4 recorded transactions
Zoning & alternative use
C5-3 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$24.5M
+75.8%
Industrial (general)
$15.3M
+9.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$13,935,000
Current use
AUTO REPAIR, GARAGE
$24,490,000
Change: +76% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$15,270,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$15.74M
Range $14.16M – $17.31M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,485 / 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
$734,569
Tax year 2024
Assessed value
$7,815,906
Assessed 2024
Previous assessed
$7,807,950
+0.1% YoY
Effective rate
9.40%
On assessed value
Assessed land
$2,081,433
Assessed improvement
$5,734,473
Land market value
$4,625,407
Improvement market value
$10,786,000
Total market value
$15,411,407
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1907
Heating
NONE
Buildings
1
Stories
8
Units
1
Total area
10,595 SF
Zoning code
C5-3
APN
00836-1001
UPID
US63-3197475
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$13.9M
AUTO REPAIR, GARAGE
Est. value
$24.5M
INDUSTRIAL (GENERAL)
Est. value
$15.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Stories
8
Buildings
1
Units
1
Current owner
From public records · entity-resolved
15 W 34th Stretail LLC
Entity
Mailing address
500 5TH AVE FL #54, NEW YORK, NY 10110-5500
Ownership since
2009
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
Dec 14, 2009
—
15 W 34th Stretail LLC
15 W 34th St LLC
Quit Claim Deed
$21,000,000 · Natixis Real Estate Capital
—
—
15 W 34th St Retail LLC
—
Loan Modification
related
$20,300,000 · Td Bank NA
—
—
15 W 34th St Retail LLC
—
Deed Of Trust
related
$20,000,000 · J P Morgan Chase Bank
—
—
15 W 34th St Retail LLC
—
Loan Modification
related
$21,000 · Td Bk NA
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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