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Property profile & analytics
OFF-MARKET
Estimated value
$4,360,000
Retail residential properties
2109 Frederick Douglass Blvd, New York, NY 10026
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-6069358
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1900
Total area
11,175 SF
Lot
0.06 ac (2,462 SF)
Zoning code
R8A
APN
01847-0060
UPID
US63-6069358
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
$4.36M
Owner & transaction history
300 West 114th Street Holdings, LLC · 1 yrs held
300 West 114th Street Holdings, LLC
since 2024
Last sale
$3,309
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,140,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$4.36M
Range $3.92M – $4.80M · ±10% · vs last sale $3k (Sep 30 2024)
Last sale anchor
$3k
Sep 30 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
$390 / 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
$61,851
Tax year 2024
Assessed value
$554,710
Assessed 2024
Previous assessed
$554,710
+0.0% YoY
Effective rate
11.15%
On assessed value
Assessed land
$226,243
Assessed improvement
$328,467
Land market value
$872,000
Improvement market value
$1,266,000
Total market value
$2,138,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
5
Units
10
Total area
11,175 SF
Lot
0.06 ac (2,462 SF)
Zoning code
R8A
APN
01847-0060
UPID
US63-6069358
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$7.1M
OFFICE BUILDING
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
1900
Heating
NONE
Stories
5
Buildings
1
Units
10
Lot
0.06 ac
Current owner
From public records · entity-resolved
300 West 114th Street Holdings, LLC
Entity
Mailing address
900 19TH ST NW #8, WASHINGTON, DC 20006-2105
Mailing matches property
Yes
Owner-occupied
Yes
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
42 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$3,309
300 West 114th Street Holdings, LLC
Georgia Papazis
Deed
—
Dec 18, 2018
$3,300,000
300 West 114th Owner LLC
300 West 114-2107 8 LLC
Grant Deed
$542,910 · Arbor Agcy Lndg LLC
Nov 22, 2013
$4,950,714
300 West 114-2107 8 LLC
2107-2109 8th LLC
Grant Deed
related
$2,360,750 · Signature Bank
Jul 14, 2010
—
303-309 West 113 LLC
—
Deed Of Trust
related
$6,800,000 · New York Community Bank
Apr 5, 2007
—
23 Manhattan Valley North LLC
—
Deed Of Trust
related
$109,742,461 · Aimco Harlem Funding LLC
Dec 1, 2006
—
23 Manhattan Valley North Ll
—
Deed Of Trust
related
$109,742,461 · Aimco Harlem Funding LLC
Jul 19, 2006
$3,944,000
2107-2109 8th LLC
Smg Partners
Grant Deed
—
Jul 19, 2006
—
Smg Partners
Smg Partners
Quit Claim Deed
related
$6,800,000 · New York Community Bank
—
—
303-305 West 111 LLC
—
Loan Modification
related
$5,240,000 · Signature Bk
—
—
510 West 146 LLC
—
Loan Modification
related
$1,920,000 · Signature Bk
—
—
2099 8-301 West 113 LLC
—
Loan Modification
related
$5,630,000 · Signature Bk
—
—
300 West 114-2107 8 LLC
—
Loan Modification, Consolidation And Extension
related
$3,450,000 · Signature Bk
—
—
141-143 West 113 LLC
—
Loan Modification
related
$4,280,000 · Signature Bk
—
—
300 West 114-2107 8 LLC
—
Deed Of Trust
related
$1,110,009 · Signature Bk
—
—
305-309 West 113 LLC
—
Loan Modification
related
$3,860,000 · Signature Bk
—
—
300 West 114-2107 8 LLC
—
Loan Modification
related
$3,860,000 · Signature Bk
—
—
306-310 West 112 LLC
—
Loan Modification
related
$4,793,074 · Signature Bk
—
—
2010 7-201 West 120 LLC
—
Loan Modification
related
$8,335,000 · Signature Bk
—
—
17-25 St Nicholas LLC
—
Loan Modification
related
$7,200,000 · Signature Bk
—
—
120-126 West 112 LLC
—
Loan Modification
related
$5,742,245 · Signature Bk
—
—
133-135 West 116 LLC
—
Loan Modification
related
$4,170,000 · Signature Bk
—
—
35 Morningside Holdings LLC
—
Loan Modification
related
$2,920,000 · Signature Bk
—
—
337 West 138 Holdings LLC
—
Loan Modification
related
$5,770,578 · Signature Bk
—
—
370-372 West 127 LLC
—
Loan Modification
related
$2,120,000 · Signature Bk
—
—
23 Manhattan Valley North Ll
—
Deed Of Trust
related
$499,000 · Aimco Harlem Funding LLC
—
—
105-109 West 113 LLC
—
Loan Modification
related
$214,389,591 · Signature Bank
—
—
105-109 West 113 LLC
—
Loan Modification
related
$214,389,591 · Signature Bank
—
—
117-129 West 116 LLC
—
Loan Modification
related
$12,720,000 · Signature Bk
—
—
105-109 West 113 LLC
—
Loan Modification
related
$5,610,000 · Signature Bk
—
—
141-143 West 113 LLC
—
Loan Modification
related
$4,280,000 · Signature Bk
—
—
1829-1835 7 LLC
—
Loan Modification
related
$5,345,576 · Signature Bk
—
—
1728-1730 Amsterdam LLC
—
Loan Modification
related
$3,990,000 · Signature Bk
—
—
131-133 West 112 LLC
—
Loan Modification
related
$3,360,000 · Signature Bk
—
—
373 West 126 LLC
—
Loan Modification
related
$720,000 · Signature Bk
—
—
243 West 116 LLC
—
Loan Modification
related
$16,230,000 · Signature Bk
—
—
161-171 Morningside LLC
—
Loan Modification
related
$5,370,000 · Signature Bk
—
—
145-153 Edgecombe Holdings LLC
—
Loan Modification
related
$8,273,366 · Signature Bk
—
—
65-67 Lenox LLC
—
Loan Modification
related
$3,500,000 · Signature Bk
—
—
140 West 113 LLC
—
Loan Modification
related
$2,620,844 · Signature Bk
—
—
610-620 West 141 Holdings LLC
—
Loan Modification
related
$12,520,549 · Signature Bk
—
—
770 St Nicholas LLC
—
Loan Modification
related
$9,200,000 · Signature Bk
—
—
655 West 160 Holdings LLC
—
Loan Modification
related
$3,022,234 · Signature Bk
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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