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Property profile & analytics
OFF-MARKET
Estimated value
$4,230,000
Investment properties
3556 Broadway New York, NY 10031-3202
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-2042657
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1925
Total area
9,680 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R7A
APN
02077-0059
UPID
US63-2042657
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
-
Dr. Dmitry Volfson Physician
-
Manhattan Ophthalmologists Physician
-
Gary Steinberg - Manhattan Physician
-
Werq Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Dr. Gregory Stein Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.23M
Owner & transaction history
Crp 3556 Broadway A LLC|crp 3556 Broadway B LLC · 11 yrs held
Crp 3556 Broadway A LLC|crp 3556 Broadway B LLC
since 2015
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%
$5,145,000
6.5%
$4,745,000
7%
$4,410,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,015,000
Current use
OFFICE BUILDING
$6,185,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±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
$437 / 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
$186,365
Tax year 2024
Assessed value
$1,759,490
Assessed 2024
Previous assessed
$1,426,865
+23.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$67,500
Assessed improvement
$1,691,990
Land market value
$150,000
Improvement market value
$6,049,000
Total market value
$6,199,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1925
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
9,680 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R7A
APN
02077-0059
UPID
US63-2042657
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · New York, NY
Zoning 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
New York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1925
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Crp 3556 Broadway A LLC|crp 3556 Broadway B LLC
Entity
Mailing address
3556 BROADWAY, NEW YORK, NY 10031-3202
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2020
—
Crp 3556 Broadway A LLC
—
Deed
related
$5,700,000 · Signature Bk
Jun 16, 2017
—
Crp 3556 Broadway A LLC
—
Deed
related
$3,965,000 · Flushing Bk
Apr 28, 2015
$6,100,000
Crp 3556 Broadway A LLC|crp 3556 Broadway B LLC
2431 Grand Concourse LLC
Grant Deed
$3,965,000 · Flushing Bk
Mar 4, 2014
$5,050,000
2431 Grand Concourse LLC
Quartermaster Corps LLC
Grant Deed
—
Oct 19, 2010
—
Quartermaster Corps LP
Regenbogen,laura B
Quit Claim Deed
—
—
—
Crp 3556 Broadway A LLC
—
Loan Modification
related
$5,700,000 · Signature Bk
—
—
Crp 3556 Broadway A LLC
—
Loan Modification
related
$3,965,000 · Flushing Bk
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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