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Property profile & analytics
OFF-MARKET
Estimated value
$126,740,000
Hotels
325 33rd St New York, NY 10001-2702
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-3455061
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2013
Total area
120,639 SF
Lot
0.17 ac (7,406 SF)
Zoning code
C6-4
APN
00757-0017
UPID
US63-3455061
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
-
hotel 91 Hotel & Motel
-
Chapel of the Sacred Hearts of Jesus and Mary Church
-
Fairfield Inn & Suites New York Midtown Manhattan/Penn Station Hotel & Motel
-
Hôtel new York Hotel & Motel Bed & Breakfast
-
Blu33 rooftop bar Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$132.89M
Blend (final)
Blend
$126.74M
Owner & transaction history
Ny 33rd Leasehold LLC · 5 yrs held
Ny 33rd Leasehold LLC
since 2021
7 recorded transactions
Zoning & alternative use
C6-4 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$126.74M
Range $114.07M – $139.41M · ±10%
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
$1,051 / 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
$1,831,203
Tax year 2024
Assessed value
$17,452,890
Assessed 2024
Previous assessed
$16,244,550
+7.4% YoY
Effective rate
10.49%
On assessed value
Assessed land
$4,999,050
Assessed improvement
$12,453,840
Land market value
$11,109,000
Improvement market value
$27,310,000
Total market value
$38,419,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
1
Stories
22
Units
239
Total area
120,639 SF
Lot
0.17 ac (7,406 SF)
Zoning code
C6-4
APN
00757-0017
UPID
US63-3455061
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-4 · New York, NY
Zoning C6-4 · permitted uses
C6-4 · 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
2013
Heating
NONE
Stories
22
Buildings
1
Units
239
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ny 33rd Leasehold LLC
Entity
Mailing address
250 W 55TH ST, NEW YORK, NY 10019-9710
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
Ny 33rd Leasehold LLC
325 West 33rd LLC
Deed
$5,000,000 · Wells Fargo Bank, National Associat
Jan 6, 2015
—
Terra Hospitality Trust Penn S
—
Grant Deed
related
$7,750,000 · Cbd Ground Le Tr Sp-2014c (ct)
Dec 19, 2014
—
Terra Hospitality Trust Penn S
—
Grant Deed
related
$37,670,000 · Cbd Ground Le Trust-2014c (ct)
Oct 9, 2014
$27,060,000
Terra Hospitality Trust Penn S
Palmetto Hospitality Of Manhattan
Grant Deed
—
Oct 9, 2014
$108,240,000
325 West 33rd LLC
Palmetto Hospitality Of Manhattan
Trustees Deed
$63,000,000 · Ge Cap Bk
Oct 9, 2014
$69,628,100
325 West 33rd LLC, A Delaware Limit
Palmetto Hospitality Of Manhattan L
Deed
$63,000,000 · Ge Capital Bank
Oct 9, 2014
—
Terra Hospitality Trust Penn S
—
Loan Modification, Consolidation And Extension
related
$34,330,000 · Wells Fargo Bk/tx
Aug 18, 2011
—
Palmetto Hospitality Of Manhattan
—
Deed Of Trust
related
$6,729,844 · Pnc Bank
Sep 17, 2010
$21,850,000
Palmetto Hospitality Of Manhattan
Jt Plc 33rd Street Owner LP
Grant Deed
—
Jan 22, 2008
$31,000,000
Jt Plc 33rd Street Owner
Glad Tidings Tabernacle INC
Deed Of Trust
$10,175,000 · Ia Ny 33rd LLC
—
—
Ny 33rd Leasehold LLC
—
Loan Modification
related
$18,500,000 · Ny 33rd Note Purchaser LLC
—
—
Ny 33rd Leasehold LLC
—
Loan Modification
related
$23,500,000 · Wells Fargo Bk
—
—
Jt Plc 33rd Sreet Owner LP
—
Deed Of Trust
related
$6,165,900 · Ia Ny 33rd LLC
—
—
Jt Plc 33rd Sreet Owner LP
—
Deed Of Trust
related
$10,175,000 · Ia Ny 33rd LLC
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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