New search
Property profile & analytics
OFF-MARKET
Estimated value
$328,180,000
Hotels
811 7th Ave 819 New York, NY 10019-6002
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1717169
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1960
Total area
1,172,021 SF
Lot
1.39 ac (60,766 SF)
Zoning code
C6-6
APN
01005-0001
UPID
US63-1717169
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
-
US Public Health Services Public Health Department
-
New York Photography Fair Photography Service (Bike/Boat/Book/etc) Store
-
Sheraton New York Fitness Center Gym & Fitness Center
-
Encore Rental Equipment Company Tech Support Center
-
Experience Massage NYC Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$231.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$328.18M
Owner & transaction history
Snyts Owner LLC · 4 yrs held
Snyts Owner LLC
since 2022
Last sale
$323.3M
4 recorded transactions
Zoning & alternative use
C6-6 · 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
Method
Estimation
Statistic approach
$265,510,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$250,710,000
6.5%
$231,425,000
7%
$214,895,000
Blend value · Realmo final
$328.18M
Range $295.36M – $361.00M · ±10% · vs last sale $323.26M (May 3 2022)
Last sale anchor
$323.26M
May 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$280 / 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
$14,105,344
Tax year 2024
Assessed value
$133,169,790
Assessed 2024
Previous assessed
$129,802,950
+2.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$77,400,000
Assessed improvement
$55,769,790
Land market value
$172,000,000
Improvement market value
$135,166,000
Total market value
$307,166,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
1
Stories
49
Units
13
Total area
1,172,021 SF
Lot
1.39 ac (60,766 SF)
Zoning code
C6-6
APN
01005-0001
UPID
US63-1717169
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-6 · New York, NY
Zoning C6-6 · permitted uses
C6-6 · 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
1960
Heating
NONE
Stories
49
Buildings
1
Units
13
Lot
1.39 ac
Current owner
From public records · entity-resolved
Snyts Owner LLC
Entity
Mailing address
1503 LYNDON B JOHNSON FWY STE #300, DALLAS, TX 75234-6011
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2025
—
Snyts Owner LLC
—
Deed
related
$9,000,000 · Fortress Credit Co LLC
Dec 4, 2023
—
Snyts Owner LLC
—
Deed
related
$10,000,000 · Fortress Credit Co LLC
May 3, 2022
$323,262,700
Snyts Owner LLC
Snyt LLC
Deed
$250,000,000 · Synt LLC
Apr 6, 2006
$834,518,000
Supernova New York Realty LLC
Sheraton Corp
Grant Deed
—
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 811 7th Ave, Unit 819?
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.
