Realmo Analytics

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Property profile

62 Reade St New York, NY 10007

OFF-MARKET
Retail residential properties
Property ID
US63-2151203
6,976 SF 0.04 ac lot Built 1915
Last sale Sep 2021 · $5,084,887
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

62 and 64 Reade Street is a maisonette within a collection of six loft condominiums in a restored 19th-century Italianate building originally built in 1860. The unit features soaring ceilings with original cast-iron columns, wide-plank European oak floors, and a layout comprising two bedrooms, two full bathrooms, two powder rooms, and an open-plan great room. The kitchen is configured as a chef’s kitchen with custom cabinetry and marble countertops, and the unit includes an in-unit washer and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$52k
Tax billed · 2024
Assessed value$493k
Assessed land$99k
Assessed improvement$394k
Effective rate10.59%

Value estimate

· Nov 2026
$5.09M
$4.58M – $5.59M
AI approach$5.09M
CAP approach$3.42M
Submarket $/SF estimate$3.48M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$725/SF
Submarket average, outlier-cleaned · 1320 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,205
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C62A
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility10.7
Nursing Home10.1
Pet Grooming Service9.9

Location

62 Reade St New York, NY 10007-1808
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
319 Broadway, New York, NY 10007-1187 $2,481,446 Dec 2025 13,156 SF
Warren, New York, NY 10007 $27,372,831 Dec 2024 18,681 SF
64 Reade, New York, NY 10007-1808 $6,465,112 Mar 2024 8,900 SF
Warren, New York, NY 10007 $36,100,000 Dec 2021 19,749 SF
124 Chambers, New York, NY 10007-1084 $7,000,000 Nov 2020 10,359 SF
317 Broadway, New York, NY 10007-1127 $10,661,251 Dec 2018 7,692 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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