New search
Property profile & analytics
OFF-MARKET
Estimated value
$22,120,000
Warehouses
444 55th St, New York, NY 10019-4403
Entity Owned
10-yr Hold
Free & Clear
Property ID
US63-2314875
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1917
Total area
54,598 SF
Lot
0.23 ac (10,042 SF)
Zoning code
C6-2
APN
01064-0051
UPID
US63-2314875
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
-
Ryders Alley United Church Mosque
-
CubeSmart Self Storage of Manhattan Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.82M
Comparable Approach
Comparable
$21.45M
Blend (final)
Blend
$22.12M
Owner & transaction history
444 55th Street LLC · 10 yrs held
444 55th Street LLC
since 2016
6 recorded transactions
Zoning & alternative use
C6-2 · 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%
$16,050,000
6.5%
$14,815,000
7%
$13,760,000
Blend value · Realmo final
$22.12M
Range $19.91M – $24.33M · ±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
$405 / 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
$480,334
Tax year 2024
Assessed value
$4,534,880
Assessed 2024
Previous assessed
$4,447,580
+2.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$731,520
Assessed improvement
$3,803,360
Land market value
$1,608,000
Improvement market value
$9,045,000
Total market value
$10,653,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1917
Heating
NONE
Buildings
1
Stories
6
Units
1
Total area
54,598 SF
Lot
0.23 ac (10,042 SF)
Zoning code
C6-2
APN
01064-0051
UPID
US63-2314875
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-2 · New York, NY
Zoning C6-2 · permitted uses
C6-2 · 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.
Building & site characteristics
From public records
Year built
1917
Heating
NONE
Stories
6
Buildings
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
444 55th Street LLC
Entity
Free & Clear · 10 yrs held
Mailing address
444 W 55TH ST, NEW YORK, NY 10019-4403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2016
$67,170,000
444 55th Street LLC
Cirkers Ny Property LLC
Grant Deed
—
Jun 16, 2008
—
Cirkers Ny Business LLC
—
Deed Of Trust
related
$37,572,147 · Prudential Mortgage Capital Co
Jun 16, 2008
$45,500,000
Cirkers Ny Property LLC
Barton Cirker LLC
Grant Deed
related
$29,372,147 · Prudential Mortgage Capital Co
Sep 29, 2006
—
Barton Cirker LLC
Cirker,stanley C
Quit Claim Deed
related
—
Apr 6, 2005
$1,970,000
Barton Cirker LLC
Sadagursky,stephanie H
Deed Of Trust
$8,200,000 · Barton Cirker, LLC
—
—
Cirkers Ny Business LLC
—
Loan Modification
related
$33,000,000 · Redwood Com'l Mtg Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 444 55th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
