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Property profile & analytics
OFF-MARKET
Estimated value
$5,515,000
Office buildings
167-169 Canal St New York, NY 10013
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-2749191
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1900
Total area
14,775 SF
Lot
0.07 ac (3,158 SF)
Zoning code
C61G
APN
00204-0027
UPID
US63-2749191
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
$7.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.52M
Owner & transaction history
169 Canal Street LLC · 6 yrs held
169 Canal Street LLC
since 2019
5 recorded transactions
Zoning & alternative use
C61G · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,225,000
6.5%
$7,590,000
7%
$7,050,000
Blend value · Realmo final
$5.52M
Range $4.96M – $6.07M · ±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
$373 / 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
$228,302
Tax year 2024
Assessed value
$2,155,420
Assessed 2024
Previous assessed
$2,110,050
+2.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$435,600
Assessed improvement
$1,719,820
Land market value
$968,000
Improvement market value
$4,391,000
Total market value
$5,359,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
5
Units
13
Total area
14,775 SF
Lot
0.07 ac (3,158 SF)
Zoning code
C61G
APN
00204-0027
UPID
US63-2749191
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C61G · New York, NY
Zoning C61G · permitted uses
C61G · 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
1900
Heating
NONE
Stories
5
Buildings
1
Units
13
Lot
0.07 ac
Current owner
From public records · entity-resolved
169 Canal Street LLC
Entity
Mailing address
173 CANAL ST FL #4, NEW YORK, NY 10013-4520
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
169 Canal Street LLC
167 Canal Street LLC
Deed
$1,335,032 · Morgan Stanley Bank, NA
Oct 31, 2017
—
167 Canal Street LLC
Canbow Realty Corp
Warranty Deed
$8,300,000 · Bankunited Fsb
—
—
167 Canal Street LLC
—
Deed Of Trust
related
$600,000 · Bankunited Fsb
—
—
Canbow Realty Corp
—
Loan Modification
related
$656,400 · Td Bk NA
—
—
Canbow Realty Corp
—
Deed Of Trust
related
$795,000 · Td Bank 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.
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