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Property profile & analytics
OFF-MARKET
Estimated value
$15,850,000
Apartment buildings
208 151st St 218, New York, NY 10039-4601
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3793576
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1929
Total area
63,378 SF
Lot
0.34 ac (14,988 SF)
Zoning code
R7-2
APN
02036-0038
UPID
US63-3793576
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.85M
Owner & transaction history
West 151st Street Realty Co. LLC · 4 yrs held
West 151st Street Realty Co. LLC
since 2022
7 recorded transactions
Zoning & alternative use
R7-2 · 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
$250 / 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
$300,401
Tax year 2024
Assessed value
$2,402,820
Assessed 2024
Previous assessed
$2,379,780
+1.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$182,340
Assessed improvement
$2,220,480
Land market value
$450,000
Improvement market value
$5,133,000
Total market value
$5,583,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1929
Heating
NONE
Buildings
1
Stories
6
Units
120
Total area
63,378 SF
Lot
0.34 ac (14,988 SF)
Zoning code
R7-2
APN
02036-0038
UPID
US63-3793576
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-2 · New York, NY
Zoning R7-2 · permitted uses
R7-2 · 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
1929
Heating
NONE
Stories
6
Buildings
1
Units
120
Lot
0.34 ac
Current owner
From public records · entity-resolved
West 151st Street Realty Co. LLC
Entity
Mailing address
3331 WHITE PLNS RD, BRONX, NY 10467-5702
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
—
West 151st Street Realty Co. LLC
—
Deed
related
$4,529,780 · Peapack-gladstone Bank
Sep 20, 2017
—
West 151st Street Realty Co Ll
—
Deed
related
$9,235,104 · Sterling Nat'l Bk
Jun 9, 2017
—
West 151st Street Realty Co Ll
—
Loan Modification, Consolidation And Extension
related
$9,250,000 · Sterling Nat'l Bk
—
—
West 151st Street Rlty Co LLC
—
Loan Modification, Consolidation And Extension
related
$8,100,000 · Hudson Vly Bk
—
—
West 151st Street Rlty Co LLC
—
Deed Of Trust
related
$6,400,000 · Hudson Valley Bank
—
—
West 151st Street Realty Co L
—
Deed Of Trust
related
$3,548,012 · Astoria Federal S&l Assn
—
—
West 151st Street Realty Co Ll
—
Loan Modification
related
$9,235,104 · Sterling Nat'l Bk
—
—
West 151st Street Realty Co Ll
—
Deed Of Trust
related
$1,208,576 · Hudson Valley Bank
—
—
Gtp Towers I LLC
—
Deed Of Trust
related
$254,339 · Bank Of New York Mellon (tr)
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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