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Property profile & analytics
OFF-MARKET
Estimated value
$38,580,000
Retail space
21 66th St 2 New York, NY 10065-5853
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1249807
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1941
Total area
2,942 SF
Zoning code
C5-1
APN
01381-1302
UPID
US63-1249807
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
-
Kolker Joseph MD Physician
-
Rug Cleaning & Rug Care- Luxury Rug Care Depot Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$38.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.58M
Owner & transaction history
Lace Madison LLC · 2 yrs held
Lace Madison LLC
since 2024
Last sale
$38.6M
3 recorded transactions
Zoning & alternative use
C5-1 · 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
$38,580,000
ML approach
$38,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$38.58M
Range $34.72M – $42.44M · ±10% · vs last sale $38.58M (Jan 4 2024)
Last sale anchor
$38.58M
Jan 4 2024
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
$13,114 / 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
$74,053
Tax year 2024
Assessed value
$708,620
Assessed 2024
Previous assessed
$696,917
+1.7% YoY
Effective rate
10.45%
On assessed value
Assessed land
$296,970
Assessed improvement
$411,650
Land market value
$659,933
Improvement market value
$893,714
Total market value
$1,553,647
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
1941
Heating
NONE
Buildings
1
Stories
11
Units
1
Total area
2,942 SF
Zoning code
C5-1
APN
01381-1302
UPID
US63-1249807
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-1 · New York, NYZoning C5-1 · permitted uses
C5-1 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1941
Heating
NONE
Stories
11
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Lace Madison LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1251 AVE OF THE AMERICAS, NEW YORK, NY 10020-1104
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
$38,578,000
Lace Madison LLC
Boblar Holdings LLC
Deed
—
Apr 29, 2013
—
21 East 66th Street Coml LLC
—
Loan Modification
related
$12,000,000 · Apple Bank For Savings
May 14, 2008
—
21 East 66th Street Coml LLC
—
Deed Of Trust
related
$12,000,000 · Apple Bank For Savings
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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