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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail space
360 88th Stcom New York, NY 10128-4982
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-3574470
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Total area
3,441 SF
Zoning code
R10
APN
01550-1001
UPID
US63-3574470
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
-
Curiosity Shots Media Distribution
-
Leighton House Condominium Condominium Complex
-
Ellen Abrahams & Associates Inc Employment Agency
-
YCG Fine Art Art Gallery
-
Nu Logic Inc Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$430k
Blend (final)
Blend
$600k
Owner & transaction history
Raa Leigton Elm LLC · 6 yrs held
Raa Leigton Elm LLC
since 2019
5 recorded transactions
Zoning & alternative use
R10 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$174 / 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
$87,900
Tax year 2024
Assessed value
$829,876
Assessed 2024
Previous assessed
$909,550
-8.8% YoY
Effective rate
10.59%
On assessed value
Assessed land
$300,031
Assessed improvement
$529,845
Land market value
$666,735
Improvement market value
$1,443,000
Total market value
$2,109,735
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Heating
NONE
Buildings
1
Stories
46
Units
1
Total area
3,441 SF
Zoning code
R10
APN
01550-1001
UPID
US63-3574470
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R10 · New York, NYZoning R10 · permitted uses
R10 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
46
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Raa Leigton Elm LLC
Entity
Free & Clear · 6 yrs held
Mailing address
46 KIRKWOOD RDA, PORT WASHINGTON, NY 11050-1454
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2019
—
Raa Leigton Elm LLC
360 E 88th Street Assocs LP
Grant Deed
—
Dec 5, 2001
$295,000
Ronit Aviram
Rip,david & Ruth
Grant Deed
—
Jan 5, 2000
$264,000
Hence Orme
360 East 88th St Associates LP
Grant Deed
—
Oct 25, 1999
$113,000
360 Easr 88th Street Assoc LP
1695 First Avenue Associates
Grant Deed
—
—
—
Nirendu Dutt-mazumdar
—
Deed Of Trust
related
$250,000 · Champion Mortgage Co INC
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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