Entity Owned 
For Sale
1 / 29
$925,000
349 S Broadway, Yonkers, NY 10705
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Total area
1,700 SF
Lot
0.03 ac (1,307 SF)
Zoning code
SB
APN
551800 1.-160-1
UPID
US63-3394626
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$985k
Owner & transaction history
since 2022
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
SB · Yonkers, NY
Top alternative use upside
Auto repair, garage
$850,000
+64.2%
Office building
$595,000
+15.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 15 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$985k
Value range
$887k – $1.08M
±10% around blend
Estimated value / SF
$579 / SF
Confidence
High
15 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$887k
blend $985k
$1.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,700 SF
Lot area
0.03 ac
Year built
1929
Stories
2
APN
551800 1.-160-1
Zoning
SB
Assessed value
$11,200
Annual tax
$12,992
3
Income approach: direct capitalization
Partial preview
Income approach indication
$495k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$535k
@ 6.5% CAP return
$495k
@ 7% CAP return
$460k
4
Sales comparison
Partial preview
Sales approach indication
$726k
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.9 mi away · 2,076 SF
2.6 mi away · 1,730 SF
3.5 mi away · 1,560 SF
4.1 mi away · 1,798 SF
7.2 mi away · 2,130 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$985k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$304
+91%
Submarket 162 sales
$299
+94%
County 388 sales
$355
+63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $579/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+64%
vs current-use indication
Office Building
Commercial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
3.30%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.30%
9.0%
NOI (est.)
$49k *
Last sale · Jan 2022
$700k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.48M
Move the market yield to see immediate price impact.
Value / SF
$873
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.80%3.30%3.80%
$44k
$1.58M
$1.34M
$1.16M
$49k
$1.75M
$1.48M
$1.29M
$54k
$1.93M
$1.63M
$1.42M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$825k
0.1 mi · Mar 2026 · $464/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$12,992
Tax year 2020
Assessed value
$11,200
Assessed 2023
Previous assessed
$11,200
+0.0% YoY
Effective rate
116.00%
On assessed value
Assessed land
$8,200
Assessed improvement
$3,000
Land market value
$458,101
Improvement market value
$167,598
Total market value
$625,699
Applied tax rate
551,800.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1929
Heating
NONE
Buildings
1
Stories
2
Total area
1,700 SF
Lot
0.03 ac (1,307 SF)
Zoning code
SB
APN
551800 1.-160-1
UPID
US63-3394626
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
SB · Yonkers, NYZoning SB · permitted uses
SB · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
2
Buildings
1
Lot
0.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SB
Jurisdiction
Yonkers, NY
Recorded code
SB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SB in Yonkers, NY.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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