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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Flex space
525 Park Aven, New York, NY 10065-8141
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-1509025
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1915
Total area
4,273 SF
Zoning code
R10
APN
01395-1249
UPID
US63-1509025
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
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$845k
Owner & transaction history
Imperial 525 LLC · 11 yrs held
Imperial 525 LLC
since 2015
6 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%
$1,035,000
6.5%
$955,000
7%
$885,000
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$198 / 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
$110,448
Tax year 2024
Assessed value
$1,042,752
Assessed 2024
Previous assessed
$1,041,395
+0.1% YoY
Effective rate
10.59%
On assessed value
Assessed land
$653,915
Assessed improvement
$388,837
Land market value
$1,453,144
Improvement market value
$1,027,129
Total market value
$2,480,273
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1915
Heating
NONE
Buildings
1
Stories
15
Units
1
Total area
4,273 SF
Zoning code
R10
APN
01395-1249
UPID
US63-1509025
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R10 · New York, NY
Zoning 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
New York. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Stories
15
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Imperial 525 LLC
Entity
Mailing address
135 ROCKAWAY TPKE STE #101, LAWRENCE, NY 11559-1033
Ownership since
2015
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
Apr 17, 2015
$25,600,000
Imperial 525 LLC
Lido Realty LLC
Grant Deed
$18,000,000 · Ladder Cap Fin
Oct 23, 2013
$21,750,000
Lido Realty LLC
Mllh Realty Corp
Deed
$2,150,000 · W Financial Fund, LP
Oct 8, 2010
—
Mllh Realty Corp
—
Deed Of Trust
related
$1,900,000 · Jdm Cap Funding-525 Park Avenu
—
—
Lido Realty LLC
—
Loan Modification
related
$12,250,000 · Peoples United Bank
—
—
Lido Realty LLC
—
Loan Modification
related
$12,000,000 · W Financial Fund LP
—
—
Millh Realty Corp
—
Deed Of Trust
related
$750,000 · Jdm Cap Mx3 Park Avenue LLC
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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