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Property profile & analytics
OFF-MARKET
Estimated value
$6,170,000
Investment properties
2036 5th Ave New York, NY 10035-1566
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-6069307
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
9,700 SF
Lot
0.04 ac (1,700 SF)
Zoning code
C44A
APN
01723-0038
UPID
US63-6069307
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
-
Samuelsson Executive LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.15M
CAP Approach
CAP
$4.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.17M
Owner & transaction history
Sigjam Group, LLC · 3 yrs held
Sigjam Group, LLC
since 2022
Last sale
$7.0M
6 recorded transactions
Zoning & alternative use
C44A · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$7.9M
+138.4%
Office building
$6.2M
+86.3%
Apartment house (5+ units)
$5.3M
+57.9%
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
$5,965,000
ML approach
$6,150,000
CAP Approach
CAP Return
Estimation
6%
$5,155,000
6.5%
$4,755,000
7%
$4,415,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,925,000
Change: +138% · Conversion: Difficult
OFFICE BUILDING
$6,195,000
Change: +86% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,250,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$6.17M
Range $5.55M – $6.79M · ±10% · vs last sale $7.00M (Aug 31 2022)
Last sale anchor
$7.00M
Aug 31 2022
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
$636 / 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
$21,175
Tax year 2024
Assessed value
$105,425
Assessed 2024
Previous assessed
$99,458
+6.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$27,594
Assessed improvement
$77,831
Land market value
$1,566,000
Improvement market value
$4,417,000
Total market value
$5,983,000
Applied tax rate
1.0000
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
5
Units
2
Total area
9,700 SF
Lot
0.04 ac (1,700 SF)
Zoning code
C44A
APN
01723-0038
UPID
US63-6069307
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C44A · New York, NYZoning C44A · permitted uses
C44A · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$7.9M
OFFICE BUILDING
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
WAREHOUSE, STORAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1910
Heating
NONE
Stories
5
Buildings
1
Units
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Sigjam Group, LLC
Entity
Mailing address
PO BOX 5408, CHARLOTTE, NC 28299-5408
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$6,995,000
Sigjam Group, LLC
Hinged Trust
Deed
$6,717,600 · Regions Bank
Sep 23, 2019
—
Hinged Trust
—
Deed
related
$4,100,000 · Power Express
Sep 30, 2013
$3,582,500
Hinged Trust
Settepani,antonino
Grant Deed
$2,100,000 · Hudson City Savings Bank
Aug 30, 2005
$1,380,000
Leah Abraham
Carlos Austin LLC
Grant Deed
—
—
—
Hinged Trust
—
Loan Modification, Consolidation And Extension
related
$625,500 · Santander Bk NA
—
—
Hinged Trust
—
Deed Of Trust
related
$4,100,000 · Power Express
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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