Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Retail space
2098 Frederick Douglass Blvd CU1 New York, NY 10026-2792
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US63-3929027
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
8,786 SF
Lot
0.35 ac (15,142 SF)
Zoning code
R8A
APN
01829-1001
UPID
US63-3929027
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
-
Gateway Security Services Corporation Security Service
-
SilverMarc Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Sunshine Early Learning Tours Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Fdb Retail Investor LLC · 12 yrs held
Fdb Retail Investor LLC
since 2014
7 recorded transactions
Zoning & alternative use
R8A · 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
$65 / 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
$371
Tax year 2024
Assessed value
$936,789
Assessed 2024
Previous assessed
$989,127
-5.3% YoY
Effective rate
0.04%
On assessed value
Assessed land
$38,859
Assessed improvement
$897,930
Land market value
$86,353
Improvement market value
$2,160,915
Total market value
$2,247,268
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
5
Units
1
Total area
8,786 SF
Lot
0.35 ac (15,142 SF)
Zoning code
R8A
APN
01829-1001
UPID
US63-3929027
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8A · New York, NY
Zoning R8A · permitted uses
R8A · 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
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Fdb Retail Investor LLC
Entity
Mailing address
520 MADISON AVE RM #3501, NEW YORK, NY 10022-4434
Ownership since
2014
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
Feb 10, 2017
—
Fdb Retail Investor LLC
—
Loan Modification, Consolidation And Extension
related
$7,200,000 · Signature Bk
Mar 25, 2014
$7,250,000
Fdb Retail Investor LLC
Gateway II LLC
Deed
$1,312,779 · Signature Bank
Jan 30, 2012
—
Gateway II LLC
—
Grant Deed
related
$8,000,000 · Titan Cap Id LLC
Feb 3, 2009
—
Gateway II LLC
—
Grant Deed
related
$1,000,000 · Baron Associates
—
—
Gateway II LLC
—
Deed Of Trust
related
$2,660,699 · Connectone Bk
—
—
Fdb Retail Investor LLC
—
Loan Modification, Consolidation And Extension
related
$5,100,000 · Signature Bank
—
—
Gateway II LLC
—
Loan Modification
related
$3,800,000 · Connectone Bk
—
—
Gateway II LLC
—
Deed Of Trust
related
$500,000 · Kensington Management LLC
—
—
Gateway II LLC
—
Deed Of Trust
related
$1,500,000 · Community Preservation Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2098 Frederick Douglass Blvd, Unit CU1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
