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Property profile & analytics
OFF-MARKET
Estimated value
$4,120,000
Auto shops
302-306 155th St New York, NY 10039
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-2708037
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1910
Total area
7,494 SF
Lot
0.17 ac (7,494 SF)
Zoning code
C8-3
APN
02047-0037
UPID
US63-2708037
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
$4.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.12M
Owner & transaction history
Verizon New York INC · 6 yrs held
Verizon New York INC
since 2020
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
C8-3 · 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
$3,885,000
ML approach
$4,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.12M
Range $3.71M – $4.53M · ±10% · vs last sale $4.25M (Feb 3 2020)
Last sale anchor
$4.25M
Feb 3 2020
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
$550 / 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
$27,064
Tax year 2024
Assessed value
$255,510
Assessed 2024
Previous assessed
$254,250
+0.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$135,000
Assessed improvement
$120,510
Land market value
$300,000
Improvement market value
$326,000
Total market value
$626,000
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
1910
Heating
NONE
Buildings
1
Stories
1
Units
3
Total area
7,494 SF
Lot
0.17 ac (7,494 SF)
Zoning code
C8-3
APN
02047-0037
UPID
US63-2708037
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-3 · New York, NY
Zoning C8-3 · permitted uses
C8-3 · 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
1910
Heating
NONE
Stories
1
Buildings
1
Units
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Verizon New York INC
Entity
Mailing address
140 WW ST, NEW YORK, NY 10007-2141
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
$4,250,000
Verizon New York INC
302-306 West 155 Street LLC
Grant Deed
—
Jan 4, 2019
$4,250,000
302-306 West 155 Street LLC
Consteliation 3811 LLC
Grant Deed
—
Oct 18, 2014
$2,650,000
Constellation 3811 LLC
Orgon LLC
Grant Deed
—
Oct 21, 2013
$1,250,000
Orgon LLC
B 155 Holding LLC
Grant Deed
—
Sep 14, 2006
—
B 155 Holding LLC
—
Deed Of Trust
related
$8,000,000 · M&t Real Estate Trust (tr)
Dec 21, 2004
$968,000
B155 Holding LLC
Adco Ncp USA Ltd
Grant Deed
—
—
—
Constellation 3811 LLC
—
Deed Of Trust
related
$1,680,000 · East West Bk
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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