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Property profile & analytics
OFF-MARKET
Estimated value
$3,720,000
Investment properties
50 13th St New York, NY 10011-7902
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-3973525
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1901
Total area
3,864 SF
Lot
0.05 ac (2,168 SF)
Zoning code
C6-2
APN
00576-0015
UPID
US63-3973525
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
-
Best Tanning Salon Manhattan Tanning Salon
-
Rainbow Dragon Body Work Alternative Medicine Practice Spa & Massage Center
-
Beach Bum Tanning & Airbrush Salon Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$3.72M
Owner & transaction history
50 West 13 LLC · 4 yrs held
50 West 13 LLC
since 2021
Last sale
$3.5M
7 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
$3,720,000
ML approach
$3,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,510,000
Current use
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±10% · vs last sale $3.50M (Oct 22 2021)
Last sale anchor
$3.50M
Oct 22 2021
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
$963 / 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
$51,977
Tax year 2024
Assessed value
$258,785
Assessed 2024
Previous assessed
$258,785
+0.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$98,200
Assessed improvement
$160,585
Land market value
$3,230,000
Improvement market value
$5,282,000
Total market value
$8,512,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1901
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
3,864 SF
Lot
0.05 ac (2,168 SF)
Zoning code
C6-2
APN
00576-0015
UPID
US63-3973525
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-2 · New York, NYZoning 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.5M
COMMERCIAL (GENERAL) Current
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
1901
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
50 West 13 LLC
Entity
Mailing address
11655 QUEENS BLVD STE #201, FOREST HILLS, NY 11375-6527
Ownership since
2021
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
Dec 22, 2025
—
Bridgeton West 13 Fee LLC
—
Deed
related
$13,250,000 · Riyad Bank Houston Agency
Oct 22, 2021
$3,500,000
50 West 13 LLC
White Knight Ltd.
Deed
$3,202,500 · First Republic Bank
Jan 14, 2016
$78,000,000
Bridgeton West 13 Fee LLC
52 West 13th P LLC
Grant Deed
$50,500,000 · Private Individual
Jun 23, 2011
—
52 West 13th P LLC
—
Deed Of Trust
related
$9,262,500 · Manufacturers & Traders Trust
Jun 1, 2010
—
52 West 13th P LLC
—
Deed Of Trust
related
$9,262,500 · Manufacturers Traders & Trust
—
—
Bridgeton West 13 Fee LLC
—
Loan Modification, Consolidation And Extension
related
$48,750,000 · Other Institutional Lenders
—
—
Nyc Ptshp Hsng Dev Fund Co INC
—
Deed Of Trust
related
$154,000 · New York City (ny)
—
—
52 West 13th P LLC
—
Deed Of Trust
related
$22,647,171 · Cornerstone Enhanced Mtg Fund
—
—
52 West 13th P LLC
—
Loan Modification
related
$50,500,000 · Cornerstone Enhanced Mtg Fund
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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