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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Apartment buildings
62 Park Ave Wilkes Barre, PA 18702-5823
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-0935272
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
0.1 ac (4,356 SF)
APN
73-H9SE3-008-009
UPID
US73-0935272
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
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Wilkes Luxury LLC · 3 yrs held
Wilkes Luxury LLC
since 2023
Last sale
$661,000
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 Wilkes Barre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilkes Barre 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
$745,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $661k (Jun 23 2023)
Last sale anchor
$661k
Jun 23 2023
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,569
Tax year 2023
Assessed value
$144,000
Assessed 2024
Previous assessed
$144,000
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$32,400
Assessed improvement
$111,600
Land market value
$32,400
Improvement market value
$111,600
Total market value
$144,000
Applied tax rate
73.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Heating
NONE
Stories
3
Lot
0.1 ac (4,356 SF)
APN
73-H9SE3-008-009
UPID
US73-0935272
Jurisdiction
LUZERNE
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
Heating
NONE
Stories
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Wilkes Luxury LLC
Entity
Free & Clear · 3 yrs held
Mailing address
179 WALLABOUT ST APT #3, BROOKLYN, NY 11206-4997
Ownership since
2023
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
Aug 25, 2025
—
Wilkes Luxury LLC
—
Deed
related
$436,260 · Loan Funder LLC Series 49121
Jun 23, 2023
$661,000
Wilkes Luxury LLC
Hsk1 LLC
Deed
—
May 17, 2019
$141,120
Hsk1 LLC
Hskg LLC
Grant Deed
$1,144,000 · Corevest American Fin Lender L
Dec 13, 2018
$145,000
Hskg LLC
Edgell Ents LP
Grant Deed
—
Aug 13, 2009
$256,000
Ents Edgell
37th Parallel Properties INC
Grant Deed
$204,800 · First Liberty Bank & Trust
Apr 24, 2008
$60,750
37th Parallel Properties INC
Popular Financial Services LLC
Grant Deed
—
Mar 12, 2008
$2,953
Popular Finance Services LLC
Sheriff Of Luzerne Cnty
Trustees Deed
related
—
—
—
Ents Edgell
—
Deed Of Trust
related
$25,600 · 37th Parallel Properties INC
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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