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Property profile & analytics
FOR LEASE
Office buildings
655 3Rd Ave New York, NY 10017
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US63-2591495
For Lease
1 / 2
$2,295,000
655 3Rd Ave, New York, NY 10017
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1958
Total area
380,000 SF
Lot
0.44 ac (18,993 SF)
Zoning code
C5-3
APN
01315-0001
UPID
US63-2591495
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
-
GCI Environmental Advisory Inc Construction Company Renovation Specialist
-
Law Offices of Howard B. Felcher, P.L.L.C. Law Firm Child Welfare Organization
-
Petrillo Klein & Boxer LLP Law Firm
-
Borrelli & Associates, P.L.L.C Law Firm
-
Bernard A. Krooks Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
A Manger Limited Pret
A Manger Limited Pret
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C5-3 · 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
$6 / 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
$5,699,518
Tax year 2024
Assessed value
$53,979,211
Assessed 2024
Previous assessed
$53,643,600
+0.6% YoY
Effective rate
10.56%
On assessed value
Assessed land
$12,825,000
Assessed improvement
$41,154,211
Land market value
$28,500,000
Improvement market value
$91,077,000
Total market value
$119,577,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1958
Heating
NONE
Buildings
1
Stories
28
Units
92
Total area
380,000 SF
Lot
0.44 ac (18,993 SF)
Zoning code
C5-3
APN
01315-0001
UPID
US63-2591495
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-3 · New York, NY
Zoning C5-3 · permitted uses
C5-3 · 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
1958
Heating
NONE
Stories
28
Buildings
1
Units
92
Lot
0.44 ac
Current owner
From public records · entity-resolved
A Manger Limited Pret
Individual
Mailing address
1 BRYANT PARK, NEW YORK, NY 10036-6728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 23, 2025
$2,481,446
A Manger Limited Pret
Lonestar Limited Dallas
Deed
—
Apr 16, 2025
—
Dolp 205 Leasehold LLC
—
Deed
related
$225,000,000 · Citibank, N.a.
May 26, 2021
—
Dolp 205 Leasehold LLC
—
Deed
related
$300,000,000 · Citibank, N.a.
Aug 9, 2017
—
Dolp 655 Properties II LLC
—
Loan Modification
related
$600,000,000 · Citibank
Sep 5, 2013
—
Dolp 655 Properties II LLC
Dolp 655 Leasehold II LLC
Quit Claim Deed
—
—
—
Dolp 655 Properties II LLC
—
Deed Of Trust
related
$75,000,000 · Jp Morgan Chase Bk
—
—
Dolp 655 Leasehold II LLC
—
Deed Of Trust
related
—
—
—
Dolp 655 Leasehold II LLC
—
Deed Of Trust
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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