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Property profile & analytics
OFF-MARKET
Estimated value
$5,250,000
Hotels
33 New York NE Ave Washington, DC 20002-3325
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US16-0153607
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Construction
STEEL FRAME
Total area
109,290 SF
Lot
0.24 ac (10,280 SF)
Zoning code
D-5
APN
0671 0027
UPID
US16-0153607
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.25M
Owner & transaction history
Excel Holdings 10 LLC · 9 yrs held
Excel Holdings 10 LLC
since 2017
7 recorded transactions
Zoning & alternative use
D-5 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (D-5) 539 DENSITY - FLOOR AREA RATIO (FAR) (D-5) 540 HEIGHT (D-5) 541 FRONT BUILD-TO (D-5) 542 FRONT SETBACK (D-5) 543 PARKING (D-5) 544 USES…
Zone name
Downtown
General category
MIXED_USE
Zone area
375.00 ac
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 Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington 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
$48 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$639,547
Tax year 2023
Assessed value
$35,023,700
Assessed 2023
Previous assessed
$35,023,700
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$5,356,190
Assessed improvement
$29,667,510
Land market value
$5,356,190
Improvement market value
$29,667,510
Total market value
$35,023,700
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
109,290 SF
Lot
0.24 ac (10,280 SF)
Zoning code
D-5
APN
0671 0027
UPID
US16-0153607
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-5 · Washington, DCZoning D-5 · permitted uses
D-5 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (D-5) 539 DENSITY - FLOOR AREA RATIO (FAR) (D-5) 540 HEIGHT (D-5) 541 FRONT BUILD-TO (D-5) 542 FRONT SETBACK (D-5) 543 PARKING (D-5) 544 USES (D-5) 545 DESIGN (D-5) 546 PURPOSE AND OBJECTIVE (D-5-R) 547 DENSITY - FLOOR AREA
Zone name
Downtown
General category
MIXED_USE
Zone area
375.00 ac
Building & site characteristics
From public records
Year built
2014
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Excel Holdings 10 LLC
Entity
Mailing address
1621 N KENT ST STE #1115, ARLINGTON, VA 22209-2141
Ownership since
2017
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
Sep 3, 2020
—
Excel Holdings 10 LLC
—
Deed
related
$2,700,000 · Bsprt Cre Fin LLC
Dec 4, 2019
—
Excel Holdings 10 LLC
—
Deed
related
$50,750,000 · Sg Cap Ptrs LLC
Jun 26, 2017
$51,350,000
Excel Holdings 10 LLC
Jbg/33 New York Hotel LLC
Trustees Deed
$38,831,000 · Natixis New York Branch
Sep 17, 2012
$5,000,000
Jbg/33 New York Hotel LLC
33 New York Avenue LLC
Grant Deed
related
$29,200,000 · Sovereign Bank
Sep 30, 2010
—
Jbg Associates LLC
33 New York Avenue LLC
Grant Deed
related
—
Apr 1, 2009
—
33 New York Avenue LLC
—
Deed Of Trust
related
$5,150,000 · Colombo Bank
—
—
Jbg & 33 New York Hotel LLC|jbg Of New York Hotel
—
Loan Modification
related
$28,934,388 · Santander Bk NA
—
—
Excel Holdings 10 LLC
—
Deed Of Trust
related
$50,750,000 · Sg Cap Ptrs LLC
—
—
Excel Holdings 10 LLC
—
Deed Of Trust
related
$2,700,000 · Bsprt Cre Fin 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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