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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Retail residential properties
709 9th Ave New York, NY 10019-7300
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3320594
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1901
Total area
9,743 SF
Lot
0.06 ac (2,508 SF)
Zoning code
R8
APN
01058-0033
UPID
US63-3320594
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
-
Frameless shower doors Sliding doors Kitchen & Bath Showroom Hardware & Home Improvement
-
Kohoku-Ku Ramen Restaurant
-
Manhattan Eyeworks Hell's Kitchen Doctor Optician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
709 9th Avenue LLC
709 9th Avenue LLC
7 recorded transactions
Zoning & alternative use
R8 · 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
$258 / 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
$112,405
Tax year 2024
Assessed value
$908,460
Assessed 2024
Previous assessed
$828,450
+9.7% YoY
Effective rate
12.37%
On assessed value
Assessed land
$225,900
Assessed improvement
$682,560
Land market value
$502,000
Improvement market value
$1,496,000
Total market value
$1,998,000
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
1901
Heating
NONE
Buildings
1
Stories
5
Units
20
Total area
9,743 SF
Lot
0.06 ac (2,508 SF)
Zoning code
R8
APN
01058-0033
UPID
US63-3320594
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8 · New York, NY
Zoning R8 · permitted uses
R8 · 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
1901
Heating
NONE
Stories
5
Buildings
1
Units
20
Lot
0.06 ac
Current owner
From public records · entity-resolved
709 9th Avenue LLC
Entity
Mailing address
221 W 38TH ST, NEW YORK, NY 10018-4777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
709 9th Avenue LLC
—
Deed Of Trust
related
$1,161,934 · Bankunited Fsb
—
—
709 9th Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$2,700,000 · Bankunited Fsb
—
—
709 9th Avenue LLC
—
Loan Modification
related
$1,885,000 · Jp Morgan Chase Bk
—
—
709 9th Avenue
—
Deed Of Trust
related
$1,650,000 · New York Community Bank
—
—
709 9th Avenue LLC
—
Deed Of Trust
related
$1,037,195 · New York Community Bank
—
—
709 9th Avenue LLC
—
Deed Of Trust
related
$260,217 · New York Community Bank
—
—
New York Cmnty Bk
—
Deed Of Trust
related
$700,000 · New York Community Bank
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?”
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