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Property profile & analytics
OFF-MARKET
Estimated value
$5,890,000
Apartment buildings
256-258 10th St, New York, NY 10009
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US63-2903780
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Total area
18,534 SF
Lot
0.09 ac (4,060 SF)
Zoning code
R8B
APN
00437-0010
UPID
US63-2903780
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.89M
Owner & transaction history
256 East 10th Street Ny LLC · 18 yrs held
256 East 10th Street Ny LLC
since 2007
7 recorded transactions
Zoning & alternative use
R8B · 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
$318 / 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
$144,529
Tax year 2024
Assessed value
$2,377,320
Assessed 2024
Previous assessed
$1,898,550
+25.2% YoY
Effective rate
6.08%
On assessed value
Assessed land
$418,500
Assessed improvement
$1,958,820
Land market value
$930,000
Improvement market value
$3,945,000
Total market value
$4,875,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
6
Units
36
Total area
18,534 SF
Lot
0.09 ac (4,060 SF)
Zoning code
R8B
APN
00437-0010
UPID
US63-2903780
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8B · New York, NY
Zoning R8B · permitted uses
R8B · 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
6
Buildings
1
Units
36
Lot
0.09 ac
Current owner
From public records · entity-resolved
256 East 10th Street Ny LLC
Entity
Mailing address
111 N CENTRAL AVE STE #400, HARTSDALE, NY 10530-1932
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2018
—
256 East 10th Street Ny LLC
—
Loan Modification
related
$6,200,000 · New York Cmnty Bk
Aug 1, 2018
—
447-449 East 78th Street LLC
—
Loan Modification
related
$23,542,799 · New York Cmnty Bk
Mar 7, 2011
—
226-228 East 26th St LLC
—
Deed Of Trust
related
$24,400,000 · New York Community Bank
Oct 5, 2007
—
226-228 East 26th Street LLC
—
Deed Of Trust
related
$26,050,000 · New York Community Bank
Sep 13, 2007
$10,375,913
256 East 10th Street Ny LLC
256 East 10th LLC
Grant Deed
—
Sep 1, 2005
$6,874,000
256 East 10th LLC
East 10 St Assocs
Grant Deed
related
—
—
—
226-228 East 26th Street LLC
—
Loan Modification
related
$23,542,799 · New York Cmnty Bk
—
—
506 East 88th Street LLC
—
Deed Of Trust
related
$6,550,000 · New York Community Bank
—
—
447 East 78th LLC
—
Deed Of Trust
related
$15,597,683 · New York 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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