Entity Owned Property summary
AI-generated overview
Retail space totaling 3,500 square feet is located in a mixed-use area with residents, office workers, tourists, and students. The space is configured for leasing either with or without a large legal lower level. It is positioned near multiple subway lines (A, C, E, 2, 3, R, W) and PATH service and is within walking distance of major civic and commercial landmarks including the World Trade Center, Brookfield Place, the 9/11 Memorial & Museum, and City Hall. The property is not located within an LPC Historic District.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1920
Total area
19,400 SF
Lot
0.09 ac (3,878 SF)
Zoning code
C6-4
APN
00124-0007
UPID
US63-0833988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Dental Office
-
Dental Office
-
Architecture Firm
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.51M
Owner & transaction history
since 2022
4 recorded transactions
Zoning & alternative use
C6-4 · New York, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$7.51M
Value range
$6.75M – $8.26M
±10% around blend
Estimated value / SF
$387 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
80
$6.75M
blend $7.51M
$8.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,400 SF
Lot area
0.09 ac
Year built
1920
Stories
5
APN
00124-0007
Zoning
C6-4
Assessed value
$2,769,741
Annual tax
$346,273
3
Income approach: direct capitalization
Partial preview
Income approach indication
$9.52M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$10.31M
@ 6.5% CAP return
$9.52M
@ 7% CAP return
$8.84M
4
Sales comparison
Partial preview
Sales approach indication
$12.79M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.4 mi away · 16,536 SF
0.5 mi away · 19,920 SF
1.0 mi away · 14,982 SF
1.2 mi away · 18,024 SF
1.3 mi away · 15,586 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 1320 sales
$725
-47%
County 1319 sales
$722
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $387/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.77M
Move the market yield to see immediate price impact.
Value / SF
$143
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$174k
$3.49M
$2.49M
$1.94M
$194k
$3.88M
$2.77M
$2.15M
$213k
$4.27M
$3.05M
$2.37M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$2.48M
0.2 mi · Dec 2025 · $180/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$346,273
Tax year 2024
Assessed value
$2,769,741
Assessed 2024
Previous assessed
$2,566,080
+7.9% YoY
Effective rate
12.50%
On assessed value
Assessed land
$317,091
Assessed improvement
$2,452,650
Land market value
$1,050,000
Improvement market value
$8,121,600
Total market value
$9,171,600
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
5
Units
10
Total area
19,400 SF
Lot
0.09 ac (3,878 SF)
Zoning code
C6-4
APN
00124-0007
UPID
US63-0833988
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-4 · New York, NYZoning C6-4 · permitted uses
C6-4 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
5
Buildings
1
Units
10
Lot
0.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C6-4
Jurisdiction
New York, NY
Recorded code
C6-4
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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