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Property profile & analytics
OFF-MARKET
Turn key restaurants
48 6th St Reading, PA 19602-1137
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1125201
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
10,290 SF
Lot
0.17 ac (7,405 SF)
APN
5306-27-89-2757
UPID
US73-1125201
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
-
Moez Pizza Restaurant
-
Italian Village Restaurant
-
EL BASEMENT BARBERSHOP Barber Shop
-
La Cabaña lounge nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Crotona 2024 LLC · 1 yrs held
Crotona 2024 LLC
since 2024
Last sale
$105,000
7 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,531
Tax year 2024
Assessed value
$95,600
Assessed 2024
Previous assessed
$95,600
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$23,000
Assessed improvement
$72,600
Land market value
$23,000
Improvement market value
$72,600
Total market value
$95,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Heating
NONE
Stories
3
Total area
10,290 SF
Lot
0.17 ac (7,405 SF)
APN
5306-27-89-2757
UPID
US73-1125201
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
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Crotona 2024 LLC
Entity
Mailing address
56 GREENWAY DR, STATEN ISLAND, NY 10301-3300
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
8 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
Feb 29, 2024
$50,100
Luljeta Ardoli
Reading Real Property Enterprises L
Public Action
related
—
Sep 13, 2017
—
Israel Gonzalez
—
Deed
related
$145,000 · Riverview Bk
Mar 19, 2015
$105,000
Reading Real Property Ents LLC
Imes Patrick
Grant Deed
—
Jun 29, 2005
$180,000
Patrick Imes
Sixth Street South Corp
Warranty Deed
—
—
—
Jokers INC
—
Deed Of Trust
related
$274,000 · Sovereign Bank
—
—
Patrick Imes
—
Deed Of Trust
related
$116,600 · Sovereign Bank
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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