Entity Owned Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Total area
14,490 SF
Lot
0.08 ac (3,591 SF)
Zoning code
R8A
APN
01826-0058
UPID
US63-3971891
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.65M
CAP Approach
CAP
$6.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.65M
Owner & transaction history
since 2024
Last sale
$5.7M
1 recorded transaction
Zoning & alternative use
R8A · New York, NY
Top alternative use upside
Office building
$9.3M
+76.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.65M
Value range
$5.09M – $6.22M
±10% around blend
Estimated value / SF
$390 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$5.09M
blend $5.65M
$6.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,490 SF
Lot area
0.08 ac
Year built
1930
Stories
6
APN
01826-0058
Zoning
R8A
Assessed value
$411,660
Annual tax
$29,413
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.98M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.56M
@ 6.5% CAP return
$6.98M
@ 7% CAP return
$6.48M
4
Sales comparison
Partial preview
Sales approach indication
$1.00M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.9 mi away · 17,600 SF
4.2 mi away · 13,427 SF
4.5 mi away · 13,200 SF
5.5 mi away · 16,720 SF
5.5 mi away · 13,280 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$363
+7%
Submarket 921 sales
$541
-28%
County 922 sales
$538
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $390/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+76%
vs current-use indication
Apartment House (5+ Units) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.00%
Implied, in-place cap rate for this apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.00%
9.0%
NOI (est.)
$396k *
Last sale · Apr 2024
$5.65M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.94M
Move the market yield to see immediate price impact.
Value / SF
$341
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.50%8.00%8.50%
$356k
$4.75M
$4.45M
$4.19M
$396k
$5.27M
$4.94M
$4.65M
$435k
$5.80M
$5.44M
$5.12M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$599k
2.5 mi · Oct 2025 · $34/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,413
Tax year 2024
Assessed value
$411,660
Assessed 2024
Previous assessed
$364,950
+12.8% YoY
Effective rate
7.14%
On assessed value
Assessed land
$121,050
Assessed improvement
$290,610
Land market value
$269,000
Improvement market value
$422,000
Total market value
$691,000
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
6
Units
18
Total area
14,490 SF
Lot
0.08 ac (3,591 SF)
Zoning code
R8A
APN
01826-0058
UPID
US63-3971891
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8A · New York, NYZoning R8A · permitted uses
R8A · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
6
Buildings
1
Units
18
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R8A
Jurisdiction
New York, NY
Recorded code
R8A
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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