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Property profile & analytics
OFF-MARKET
Estimated value
$5,275,000
Retail residential properties
155 29th St, New York, NY 10016-8173
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3522928
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1981
Total area
273,538 SF
Lot
0.38 ac (16,540 SF)
Zoning code
C2-8
APN
00885-0042
UPID
US63-3522928
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Space 107 LLc. Interior Design Home Decor Store
-
Psychodiagnostic Services Medical Clinic
-
Red White & Blue Foxes Ltd Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.28M
Owner & transaction history
Div West 29th Street LLC · 5 yrs held
Div West 29th Street LLC
since 2021
7 recorded transactions
Zoning & alternative use
C2-8 · 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
$19 / 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
$3,945,162
Tax year 2024
Assessed value
$31,636,040
Assessed 2024
Previous assessed
$28,453,950
+11.2% YoY
Effective rate
12.47%
On assessed value
Assessed land
$10,125,000
Assessed improvement
$21,511,040
Land market value
$22,500,000
Improvement market value
$47,625,000
Total market value
$70,125,000
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
1981
Heating
NONE
Buildings
1
Stories
34
Units
284
Total area
273,538 SF
Lot
0.38 ac (16,540 SF)
Zoning code
C2-8
APN
00885-0042
UPID
US63-3522928
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C2-8 · New York, NY
Zoning C2-8 · permitted uses
C2-8 · 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
1981
Heating
NONE
Stories
34
Buildings
1
Units
284
Lot
0.38 ac
Current owner
From public records · entity-resolved
Div West 29th Street LLC
Entity
Free & Clear · 5 yrs held
Mailing address
545 MADISON AVE, NEW YORK, NY 10022-4219
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Div West 29th Street Opco, LLC
—
Deed
related
$90,050,000 · Qr Real Estate Capital Reit LLC
Jul 20, 2021
—
Div West 29th Street, LLC
—
Deed
related
$6,422,085 · Santander Bank, N.a.
Apr 1, 2021
$36,500,000
Div West 29th Street LLC
Amush Ents LLC
Grant Deed
—
Mar 8, 2021
—
Amush Ents LLC
Martin Moshel
Grant Deed
—
Mar 19, 2020
—
Jehuda Garfinkel
Jehuda Garfinkel
Quitclaim Deed
—
Mar 19, 2020
$26,000,000
Div West 29th Street LLC
Sixth Article Trust
Grant Deed
—
Aug 14, 2014
—
H & P 29th Street Assocs LLC
—
Loan Modification
related
$10,266,235 · Bank Of Ny Mellon
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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