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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Apartment buildings
2645 9th St Long Island City, NY 11102-3938
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US63-3187386
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Total area
131,250 SF
Lot
1.04 ac (45,390 SF)
Zoning code
R4
APN
00903-0007
UPID
US63-3187386
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
-
Sara Construction Co Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.14M
Owner & transaction history
Bridgeview II LLC · 21 yrs held
Bridgeview II LLC
since 2005
7 recorded transactions
Zoning & alternative use
R4 · Long Island City, 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 Long Island City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Island City 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
$24 / 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
Assessed value
$6,966,000
Assessed 2024
Previous assessed
$7,190,550
-3.1% YoY
Assessed land
$508,500
Assessed improvement
$6,457,500
Land market value
$1,130,000
Improvement market value
$14,350,000
Total market value
$15,480,000
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
1972
Heating
NONE
Buildings
1
Stories
8
Units
108
Total area
131,250 SF
Lot
1.04 ac (45,390 SF)
Zoning code
R4
APN
00903-0007
UPID
US63-3187386
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Long Island City, NY
Zoning R4 · permitted uses
R4 · Long Island City, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Island City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
8
Buildings
1
Units
108
Lot
1.04 ac
Current owner
From public records · entity-resolved
Bridgeview II LLC
Entity
Mailing address
2645 9TH ST, LONG ISLAND CITY, NY 11102-3938
Ownership since
2005
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
Aug 15, 2025
—
Bridgeview II, LLC
—
Deed
related
$9,503,000 · Keybank National Association
Oct 5, 2020
—
Bridgeview II, LLC.
—
Deed
related
$5,753,490 · Keybank National Association
Jul 31, 2017
—
Bridgeview II LLC
—
Deed
related
$26,500,000 · Signature Bk
Feb 4, 2005
$12,100,000
Bridgeview II LLC
Bridgeview II Company
Grant Deed
$10,900,000 · New York Community Bank
—
—
Bridgeview II LLC
—
Deed Of Trust
related
$13,500,000 · Signature Bank
—
—
Bridgeview II LLC
—
Loan Modification
related
$17,500,000 · Signature Bank
—
—
Bridgeview II LLC
—
Deed Of Trust
related
$4,510,573 · Signature Bank
—
—
Bridgeview II LLC
—
Loan Modification, Consolidation And Extension
related
$26,500,000 · Signature Bk
—
—
Bridgeview II LLC
—
Loan Modification
related
$30,900,000 · Keybank USA
—
—
Bridgeview II LLC
—
Deed Of Trust
related
$3,728,228 · Signature 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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