Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,870,000
Investment properties
230 135th St New York, NY 10030-0590
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-6109780
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
4,840 SF
Lot
0.04 ac (1,840 SF)
Zoning code
R7-2
APN
01940-0143
UPID
US63-6109780
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
-
Jayne Dennis Law Office Law Firm
-
City Safe Partners Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.87M
Owner & transaction history
West 135th Street LLC · 4 yrs held
West 135th Street LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
R7-2 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.0M
+16.1%
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
$2,870,000
ML approach
$2,780,000
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,375,000
7%
$2,205,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,405,000
Current use
WAREHOUSE, STORAGE
$3,955,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$3,090,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$2.87M
Range $2.58M – $3.16M · ±10% · vs last sale $2.70M (Nov 9 2021)
Last sale anchor
$2.70M
Nov 9 2021
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
$593 / 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
$16,800
Tax year 2024
Assessed value
$134,382
Assessed 2024
Previous assessed
$124,428
+8.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$24,671
Assessed improvement
$109,711
Land market value
$170,000
Improvement market value
$756,000
Total market value
$926,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
4
Units
6
Total area
4,840 SF
Lot
0.04 ac (1,840 SF)
Zoning code
R7-2
APN
01940-0143
UPID
US63-6109780
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-2 · New York, NYZoning 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1910
Heating
NONE
Stories
4
Buildings
1
Units
6
Lot
0.04 ac
Current owner
From public records · entity-resolved
West 135th Street LLC
Entity
Mailing address
17 5TH AVE, PELHAM, NY 10803-1540
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
West 135th Street LLC
—
Deed
related
$1,095,000 · Empire State Certified Development Corpo
Nov 9, 2021
$2,700,000
West 135th Street LLC
230 West 135 Street LLC
Deed
$1,350,000 · Flushing Bank
Aug 14, 2017
—
230 West 135th Street LLC
—
Deed
related
$665,000 · Emigrant Fndg
Jul 26, 2017
—
230 West 135th Street LLC
—
Deed
related
$163,187 · Emigrant Funding Corp
Mar 6, 2017
—
230 West 135th Street LLC
Dennis,jayne M
Grant Deed
—
Nov 20, 2008
—
Jayne M Dennis
230 West 135th Street LLC
Grant Deed
—
Apr 21, 2005
—
230 West 135th Street LLC
Knibb,jayne M Dennis
Grant Deed
related
—
May 25, 2004
$505,000
Knibb Jayne M Dennis
Moore,william C Est
Grant Deed
—
—
—
230 West 135th Street LLC
—
Loan Modification, Consolidation And Extension
related
$665,000 · Emigrant Fndg
—
—
Jayne D Knibb
—
Deed Of Trust
related
$590,200 · Guaranty Residential Lending
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 230 135th St?
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.
