New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,725,000
Retail residential properties
631 207th St, New York, NY 10034-2616
Individually Owned
~
Est. High Equity
Property ID
US63-0145549
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1930
Total area
23,035 SF
Lot
0.14 ac (6,260 SF)
Zoning code
R7A
APN
02242-0067
UPID
US63-0145549
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
-
Hindenburg Research, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.73M
Owner & transaction history
623-631 West 207th Street Member, L
623-631 West 207th Street Member, L
since 2026
7 recorded transactions
Zoning & alternative use
R7A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$335 / 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
$139,280
Tax year 2024
Assessed value
$1,114,060
Assessed 2024
Previous assessed
$1,085,980
+2.6% YoY
Effective rate
12.50%
On assessed value
Assessed land
$97,200
Assessed improvement
$1,016,860
Land market value
$216,000
Improvement market value
$2,439,000
Total market value
$2,655,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
5
Units
27
Total area
23,035 SF
Lot
0.14 ac (6,260 SF)
Zoning code
R7A
APN
02242-0067
UPID
US63-0145549
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · New York, NY
Zoning R7A · permitted uses
R7A · 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
1930
Heating
NONE
Stories
5
Buildings
1
Units
27
Lot
0.14 ac
Current owner
From public records · entity-resolved
623-631 West 207th Street Member, L
Individual
Mailing address
631 W 207TH ST, NEW YORK, NY 10034-2616
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
623-631 West 207th Street Member, L
Washington Heights V, LLC
Deed
—
Dec 3, 2025
$122,496,911
Mp V Partners, LLC
Bpp Queens Mf Member LLC
Deed
—
Jan 12, 2023
—
Bpp Lf 1 Holdings LP
Blackstone Property Partners Lower
Deed
—
Jun 5, 2020
—
228 Seaman Avenue LLC
—
Deed
related
$12,500,000 · Signature Bk
Jun 15, 2016
—
29 Sickles Street LLC
—
Deed
related
$22,256,385 · Manufacturers & Traders Tr
Jan 8, 2014
$9,000,100
623-631 West 207th Street LLC
623-631 West 207th Investor Ll
Grant Deed
related
$9,859,728 · Manufacturers & Traders Tr
Mar 30, 2011
—
623-631 West 207th Investor Ll
—
Deed Of Trust
related
$3,825,000 · Sovereign Bank
Jun 15, 2007
—
623-631 West 207th Invtr LLC
—
Deed Of Trust
related
$4,700,000 · North Fork Bank
Jun 6, 2007
$7,191,543
623-631 West 207th Invtr LLC
207 Emerson LLC
Grant Deed
—
Jul 24, 1998
$1,625,000
Detour Realty LLC
Chiet,herbert & Harriet C
Grant Deed
$1,300,000 · Seller
—
—
222-228 Seaman Avenue LLC
—
Loan Modification
related
$22,800,000 · Manufacturers & Traders Tr
—
—
29 Sickles Street LLC
—
Loan Modification
related
$22,256,385 · Manufacturers & Traders Tr
—
—
228 Seaman Avenue LLC
—
Loan Modification
related
$12,500,000 · Signature Bk
—
—
29 Sickles Street LLC
—
Deed Of Trust
related
$11,747,256 · Manufacturers & Traders Tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 631 207th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
