Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
46 6th St Reading, PA 19601-3523
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0573607
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1893
Total area
3,300 SF
Lot
0.03 ac (1,307 SF)
APN
5307-83-80-3744
UPID
US73-0573607
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
$520k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Crotona 2024 LLC · 1 yrs held
Crotona 2024 LLC
since 2024
Last sale
$520,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$545,000
+247.2%
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 Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading 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
$520,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$545,000
Change: +247% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $520k (Oct 29 2024)
Last sale anchor
$520k
Oct 29 2024
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
$158 / 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
$1,663
Tax year 2024
Assessed value
$62,800
Assessed 2024
Previous assessed
$62,800
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$22,800
Assessed improvement
$40,000
Land market value
$22,800
Improvement market value
$40,000
Total market value
$62,800
Applied tax rate
1.0000
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
1893
Heating
NONE
Stories
3
Units
2
Bathrooms
2
Total area
3,300 SF
Lot
0.03 ac (1,307 SF)
APN
5307-83-80-3744
UPID
US73-0573607
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$545,000
MEDICAL 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
1893
Heating
NONE
Stories
3
Units
2
Bathrooms
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Crotona 2024 LLC
Entity
Mailing address
PO BOX 6796, READING, PA 19610-0796
Ownership since
2024
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
Jan 7, 2026
—
Crotona 2024 LLC
—
Deed
related
$420,000 · Rflf 4 LLC
Oct 29, 2024
$520,000
Crotona 2024 LLC
Israel Gonzalez
Deed
$364,000 · Express Capital Holdings LLC
Sep 13, 2017
—
Israel Gonzalez
—
Deed
related
$145,000 · Riverview Bk
Aug 22, 2014
$100,000
Israel Gonzalez
Fintan Ents LLC
Grant Deed
—
Dec 27, 2007
$300,000
Fintan Ents LLC
Sereny,david M & Diane J
Grant Deed
$225,000 · Firstrust Bank
Aug 15, 2005
$259,000
David M Sereny
Gary L Poltonowicz
Deed
$1,000,000 · Harleysville National Bank & Trust
Oct 30, 2001
$160,000
Poltonowicz,gary L Etal
Marmarou,stratos & Maria
Grant Deed
$160,500 · All First Bk
—
—
Gary L Poltonowicz
—
Deed Of Trust
related
$156,211 · Frank J SR Trexler
—
—
Israel Gonzalez
—
Deed Of Trust
related
$145,000 · Riverview 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.
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 46 6th 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.