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Property profile & analytics
OFF-MARKET
Estimated value
$8,700,000
Retail residential properties
328 8th Ave 334 New York, NY 10001-4857
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-3277346
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1900
Total area
25,938 SF
Lot
0.2 ac (8,800 SF)
Zoning code
C62A
APN
00776-0004
UPID
US63-3277346
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
-
Stargate Consulting Group, Inc IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Bounce Luggage Storage - Chelsea Storage Facility
-
Envi Reusable Bags (Bike/Boat/Book/etc) Store
-
Government Services ACEP University Association / Organization
-
Guru Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.70M
Owner & transaction history
328-334 8th Avenue LLC · 11 yrs held
328-334 8th Avenue LLC
since 2015
7 recorded transactions
Zoning & alternative use
C62A · 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
$335 / 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
$460,649
Tax year 2024
Assessed value
$3,684,600
Assessed 2024
Previous assessed
$3,955,780
-6.9% YoY
Effective rate
12.50%
On assessed value
Assessed land
$688,500
Assessed improvement
$2,996,100
Land market value
$1,530,000
Improvement market value
$6,658,000
Total market value
$8,188,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
2
Stories
5
Units
32
Total area
25,938 SF
Lot
0.2 ac (8,800 SF)
Zoning code
C62A
APN
00776-0004
UPID
US63-3277346
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C62A · New York, NY
Zoning C62A · permitted uses
C62A · 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
1900
Heating
NONE
Stories
5
Buildings
2
Units
32
Lot
0.2 ac
Current owner
From public records · entity-resolved
328-334 8th Avenue LLC
Entity
Mailing address
657 E MAIN ST, MOUNT KISCO, NY 10549-3423
Ownership since
2015
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
Oct 16, 2019
—
328-334 8th Avenue LLC
—
Deed
related
$8,000,000 · Jp Morgan Chase Bk
Aug 14, 2019
—
328-334 8th Avenue LLC
—
Loan Modification
related
$8,000,000 · Jp Morgan Chase Bk
Jan 21, 2015
—
328-334 8th Avenue LLC
Rockledge Equities LLC
Deed
$900,000 · Peoples United Bank
—
—
Edward Cohen
—
Deed Of Trust
related
$2,500,000 · Bank Of New York
—
—
328-334 8th Avenue LLC
—
Loan Modification
related
$8,000,000 · Jp Morgan Chase Bk
—
—
Rockledge Equities LLC
—
Deed Of Trust
related
$50,000 · Webster Bank
—
—
Rockledge Equities LLC
—
Deed Of Trust
related
$722,809 · Bank Of New York
—
—
Rockledge Equities LLC
—
Deed Of Trust
related
$3,000,000 · Webster Bank
—
—
Rockledge Equities LLC
—
Deed Of Trust
related
$2,550,000 · Webster 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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