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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Investment properties
25 Allen St New York, NY 10002-5311
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-2450526
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1900
Total area
3,872 SF
Lot
0.05 ac (2,239 SF)
Zoning code
C61G
APN
00300-0025
UPID
US63-2450526
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
-
Sarah Perl, LCSW Physician
-
Allen Street Collective Corporate Office
-
Dr. Leonardo Vando, MD Physician
-
Mr. Glenn Jeffery Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$4.33M
Owner & transaction history
25 Allen Street Opportunity LLC · 3 yrs held
25 Allen Street Opportunity LLC
since 2022
Last sale
$5.0M
5 recorded transactions
Zoning & alternative use
C61G · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.2M
+35.7%
Retail stores
$2.8M
+21.5%
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
$4,105,000
ML approach
$4,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,165,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$2,835,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $5.00M (Dec 12 2022)
Last sale anchor
$5.00M
Dec 12 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
$1,118 / 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
$93,984
Tax year 2024
Assessed value
$887,310
Assessed 2024
Previous assessed
$879,750
+0.9% YoY
Effective rate
10.59%
On assessed value
Assessed land
$103,050
Assessed improvement
$784,260
Land market value
$229,000
Improvement market value
$1,841,000
Total market value
$2,070,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
3,872 SF
Lot
0.05 ac (2,239 SF)
Zoning code
C61G
APN
00300-0025
UPID
US63-2450526
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C61G · New York, NY
Zoning C61G · permitted uses
C61G · 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
WAREHOUSE, STORAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$2.8M
WAREHOUSE, STORAGE
RETAIL STORES
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
2
Buildings
1
Units
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
25 Allen Street Opportunity LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1850 AMSTERDAM AVE, NEW YORK, NY 10031-1714
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
25 Allen Street Opportunity LLC
—
Deed
related
$43,700 · Rbac
Nov 9, 2023
—
25 Allen Street Opportunity LLC
—
Deed
related
$1,542,200 · Amt Fund LLC
Feb 15, 2023
—
25 Allen Street Opportunity LLC
—
Deed
related
$3,000,000 · Venetian Islands LLC
Dec 12, 2022
$5,000,000
25 Allen Street Opportunity LLC
25 Allan LLC
Deed
—
Jan 6, 2022
$3,800,000
25 Allan LLC
25 Allen Street LLC
Deed
—
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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