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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
2121 Broadway 2127 New York, NY 10023-1786
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2468750
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1920
Total area
42,864 SF
Lot
0.26 ac (11,325 SF)
Zoning code
C46A
APN
01166-0020
UPID
US63-2468750
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
-
The Little Gym Upper Westside Gym & Fitness Center
-
Angel Kaba Gym & Fitness Center Theater & Performing Art Venue
-
Brummer Surgical Podiatry PC Physician
-
Ansonia Restoration General Contractor
-
Manhattan Gonstead Chiropractic | Chiropractor in Upper West New York, NYC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Fairway Broadway LLC · 9 yrs held
Fairway Broadway LLC
since 2016
6 recorded transactions
Zoning & alternative use
C46A · 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
$24 / 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
$1,182,038
Tax year 2024
Assessed value
$11,159,720
Assessed 2024
Previous assessed
$10,911,800
+2.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$2,754,000
Assessed improvement
$8,405,720
Land market value
$6,120,000
Improvement market value
$22,068,000
Total market value
$28,188,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
4
Units
11
Total area
42,864 SF
Lot
0.26 ac (11,325 SF)
Zoning code
C46A
APN
01166-0020
UPID
US63-2468750
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C46A · New York, NY
Zoning C46A · permitted uses
C46A · 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
1920
Heating
NONE
Stories
4
Buildings
1
Units
11
Lot
0.26 ac
Current owner
From public records · entity-resolved
Fairway Broadway LLC
Entity
Mailing address
855 LEXINGTON AVE, NEW YORK, NY 10065-6640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Oct 6, 2016
—
Fairway Broadway LLC
—
Deed
related
$4,600,000 · Credit Suisse Ag
Dec 23, 2009
—
Fairway Uptown LLC
—
Deed Of Trust
related
$4,600,000 · Credit Suisse Ag
—
—
Fairway Broadway LLC
—
Deed Of Trust
related
$1,000,000 · Capitalsource Finance LLC
—
—
229 West 74th Street Corp
—
Loan Modification, Consolidation And Extension
related
$7,000,000 · Apple Bk
—
—
Fairway Broadway LLC
—
Loan Modification
related
$4,600,000 · Credit Suisse Ag
—
—
229 West 74th Street Corporati
—
Deed Of Trust
related
$1,416,873 · Independence Community Bank
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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