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Property profile & analytics
FOR SALE
Apartment buildings
329 Pleasant Ave New York, NY 10035-5046
Entity Owned
~
Est. High Equity
Property ID
US63-5553950
No photos on file
For Sale
Contact for pricing
329 Pleasant Ave, New York, NY 10035-5046
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Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Total area
17,089 SF
Lot
0.1 ac (4,361 SF)
Zoning code
R7A
APN
01711-0026
UPID
US63-5553950
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
$8.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
Lehny LLC
Lehny LLC
since 2026
7 recorded transactions
Zoning & alternative use
R7A · 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%
$8,910,000
6.5%
$8,225,000
7%
$7,640,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,245,000
Current use
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
$15 / 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
$5,545
Tax year 2024
Assessed value
$1,190,070
Assessed 2024
Previous assessed
$819,900
+45.1% YoY
Effective rate
0.47%
On assessed value
Assessed land
$291,600
Assessed improvement
$898,470
Land market value
$648,000
Improvement market value
$1,447,000
Total market value
$2,095,000
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
For Sale
Year built
2015
Heating
NONE
Buildings
1
Stories
8
Units
20
Total area
17,089 SF
Lot
0.1 ac (4,361 SF)
Zoning code
R7A
APN
01711-0026
UPID
US63-5553950
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · New York, NYZoning R7A · permitted uses
R7A · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.2M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Stories
8
Buildings
1
Units
20
Lot
0.1 ac
Current owner
From public records · entity-resolved
Lehny LLC
Entity
Mailing address
345 7TH AVE FL #9, NEW YORK, NY 10001-5049
Ownership since
2026
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
Feb 4, 2026
$36,905
Lehny LLC
Jeffrey R Miller Referee
Deed
—
Dec 20, 2021
—
329 Pleasant Avenue Holdings 2 LLC
329 Pleasant Avenue Mazal Holdings
Deed
—
Jul 6, 2017
—
329 Pleasant Avenue Mazal Hold
—
Loan Modification, Consolidation And Extension
related
$7,865,000 · Sg Cap Ptrs LLC
May 21, 2015
—
329 Pleasant Avenue Mazal Hold
—
Grant Deed
related
$4,746,224 · Cpr Money LLC
Jun 5, 2012
$1,125,000
Pleasant Avenue Mazal Hold 329
329 Pleasant Avenue Realty LLC
Grant Deed
—
Jun 7, 2011
$50,000
329 Pleasant Avenue Realty LLC
Referee Of Manhattan County
Trustees Deed
—
Oct 2, 2007
$2,000,000
Arakel LLC
329 Pleasant Avenue Realty Ass
Grant Deed
$1,300,000 · Newell Funding LLC
—
—
329 Pleasant Avenue Mazal Hold
—
Deed Of Trust
related
$1,453,776 · Cpr Money LLC
—
—
329 Pleasant Avenue Mazal Hold
—
Deed Of Trust
related
$1,665,000 · Sg Cap Ptrs 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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