New search
Property profile & analytics
OFF-MARKET
Drive through restaurants
68-78 225th St New York, NY 10034
Entity Owned
25-yr Hold
Free & Clear
Property ID
US63-1834593
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1949
Total area
7,656 SF
Lot
0.7 ac (30,339 SF)
Zoning code
C8-3
APN
02215-0654
UPID
US63-1834593
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kingsbridge Associates LLC · 25 yrs held
Kingsbridge Associates LLC
since 2001
7 recorded transactions
Zoning & alternative use
C8-3 · 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
—
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
$143,983
Tax year 2024
Assessed value
$1,850,490
Assessed 2024
Previous assessed
$1,866,150
-0.8% YoY
Effective rate
7.78%
On assessed value
Assessed land
$855,000
Assessed improvement
$995,490
Land market value
$1,900,000
Improvement market value
$2,345,000
Total market value
$4,245,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1949
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,656 SF
Lot
0.7 ac (30,339 SF)
Zoning code
C8-3
APN
02215-0654
UPID
US63-1834593
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-3 · New York, NY
Zoning C8-3 · permitted uses
C8-3 · 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
1949
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Kingsbridge Associates LLC
Entity
Free & Clear · 25 yrs held
Mailing address
32 TURNER FARM RD, UXBRIDGE, MA 01569-2176
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
—
Kingsbridge Associates II, LLC
—
Deed
related
$53,750,000 · 3650 Real Estate Investment Trust 2 LLC
Jun 12, 2020
—
New York & Presbyterian Hosp
—
Deed
related
$194,963,270 · Federal Hsng Commissioner
Jun 2, 2020
—
New York & Presbyterian Hosp
—
Deed
related
$417,043,369 · Hud-housing/urban Dev
Jun 5, 2019
—
Riverdale Apple LLC
—
Deed
related
$1,165,061 · Bank Of America
Sep 14, 2004
—
Kingsbridge Associates
—
Deed Of Trust
related
$12,500,000 · Citigroup Global Markets Realt
Feb 14, 2001
$1,150,000
Kingsbridge Associates LLC
Velodrome Realty Corp
Grant Deed
—
—
—
Kingsbridge Associates LLC
—
Loan Modification, Consolidation And Extension
related
$58,000,000 · German Am Cap
—
—
Riverdale Apple LLC
—
Loan Modification
related
$1,165,061 · Bank Of America
—
—
Kingsbridge Associates LLC
—
Deed Of Trust
related
$20,041,680 · German Am Cap
—
—
New York & Presbyterian Hosp
—
Deed Of Trust
related
$263,161,960 · Prudential Huntoon Paige Assoc
—
—
New York & Presbyterian Hosp
—
Loan Modification
related
$194,963,270 · Prudential Huntoon Paige Assoc
—
—
New York & Presbyterian Hosp
—
Loan Modification
related
$417,043,369 · Prudential Huntoon Paige Assoc
—
—
Riverdale Apple LLC
—
Deed Of Trust
related
$1,165,061 · Ge Capital Franchise Finance
—
—
New York & Presbyterian Hosp
—
Loan Modification
related
—
—
—
York New
—
Deed Of Trust
related
—
—
—
York New
—
Deed Of Trust
related
$265,385,373 · Dormitory Authority New York
—
—
New York & Presbyterian Hosp
—
Loan Modification
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
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 68-78 225th 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.
