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Property profile & analytics
OFF-MARKET
Estimated value
$5,145,000
Auto shops
231 94th St 237 New York, NY 10128-3705
Trust Owned
4-yr Hold
Free & Clear
Property ID
US63-2352727
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1926
Total area
39,272 SF
Lot
0.24 ac (10,330 SF)
Zoning code
M1-4
APN
01540-0014
UPID
US63-2352727
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
-
Yorkville Parking Parking Lot & Garage
-
Livingston Charge Port Charging Station Electric Vehicle Charging Station
-
Hertz Rent A Car Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.15M
Owner & transaction history
Richard Chapman 2021 Trust F/b/o An · 4 yrs held
Richard Chapman 2021 Trust F/b/o An
since 2022
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
M1-4 · 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
$4,630,000
ML approach
$4,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.15M
Range $4.63M – $5.66M · ±10% · vs last sale $5.64M (Jan 28 2022)
Last sale anchor
$5.64M
Jan 28 2022
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
$131 / 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
$374,265
Tax year 2024
Assessed value
$3,533,470
Assessed 2024
Previous assessed
$3,446,780
+2.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$1,138,500
Assessed improvement
$2,394,970
Land market value
$2,530,000
Improvement market value
$6,432,000
Total market value
$8,962,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1926
Heating
NONE
Buildings
1
Stories
4
Units
1
Total area
39,272 SF
Lot
0.24 ac (10,330 SF)
Zoning code
M1-4
APN
01540-0014
UPID
US63-2352727
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · New York, NY
Zoning M1-4 · permitted uses
M1-4 · 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
1926
Heating
NONE
Stories
4
Buildings
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Richard Chapman 2021 Trust F/b/o An
Trust
Free & Clear · 4 yrs held
Mailing address
770 LEXINGTON AVE, NEW YORK, NY 10065-8165
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
$2,000,000
Richard Chapman 2021 Trust F/b/o An
Andrew Chapman 2018 Trust U/a/d 2/1
Deed
—
Jan 28, 2022
$5,640,000
Richard Chapman 2021 Trust F/b/o An
Andrew Chapman 2018 Trust U/a/d 2/1
Deed
—
Jun 2, 2014
$37,500,000
231-243 East 94th Street LLC
Garage Building 231 E 94th Str
Grant Deed
$14,126,820 · Apple Bank For Savings
Oct 16, 2006
—
Garage Building 231 E 94th Str
Levy Seymour Trust
Grant Deed
related
—
May 19, 2006
—
Levy Seymour Trust
Levy,seymour
Quit Claim Deed
related
—
—
—
Garage Building 231 E 94th Str
—
Deed Of Trust
related
$389,273 · Berkshire Bank
—
—
Barry H Levy
—
Deed Of Trust
related
$344,323 · Independence Community Bank
—
—
Garage Building 231 E 94th St.
—
Deed Of Trust
related
$2,000,000 · Berkshire 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.
Try Rey
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