Flex space
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Entity Owned 
For Lease
1 / 3
Contact for pricing
666 Broadway Fl,Unit 12, New York, NY 10012-2317
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Property summary
AI-generated overview
This NoHo (North of Houston) property consists of approximately 6,000 square feet of retail space configured for fitness, creative, or experiential uses. It includes an exclusive lower level, which provides a more private, segregated area within the building, and the interior layout is designed to be customizable. The property is located in a high-traffic neighborhood and has nearby subway service with multiple lines in close proximity, including the B, D, F, M, 6, R, W, N, and Q.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1905
Total area
6,293 SF
Lot
0.17 ac (7,540 SF)
Zoning code
M15R9A
APN
00529-1012
UPID
US63-2299616
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$395k
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
M15R9A · New York, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$395k
Value range
$356k – $435k
±10% around blend
Estimated value / SF
$63 / SF
Confidence
High
6 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
60
$356k
blend $395k
$435k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,293 SF
Lot area
0.17 ac
Year built
1905
APN
00529-1012
Assessed value
$623,401
Annual tax
$66,031
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.53M
@ 6.5% CAP return
$1.41M
@ 7% CAP return
$1.31M
4
Sales comparison
Partial preview
Sales approach indication
$5.03M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 7,650 SF
4.0 mi away · 7,500 SF
6.2 mi away · 6,742 SF
8.9 mi away · 6,477 SF
9.4 mi away · 6,100 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$395k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$4,899
-99%
Submarket 496 sales
$2,068
-97%
County 496 sales
$2,068
-97%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $63/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$623k
Move the market yield to see immediate price impact.
Value / SF
$99
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$39k
$785k
$561k
$436k
$44k
$873k
$623k
$485k
$48k
$960k
$686k
$533k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$6.30M
0.2 mi · Dec 2025 · $1,015/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$66,031
Tax year 2024
Assessed value
$623,401
Assessed 2024
Previous assessed
$631,172
-1.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$126,996
Assessed improvement
$496,405
Land market value
$282,214
Improvement market value
$1,132,585
Total market value
$1,414,799
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1905
Heating
NONE
Buildings
1
Units
1
Total area
6,293 SF
Lot
0.17 ac (7,540 SF)
Zoning code
M15R9A
APN
00529-1012
UPID
US63-2299616
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M15R9A · New York, NYZoning M15R9A · permitted uses
M15R9A · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1905
Heating
NONE
Buildings
1
Units
1
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M15R9A
Jurisdiction
New York, NY
Recorded code
M15R9A
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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