Entity Owned Property summary
AI-generated overview
The property is a 28-story office building constructed in 1929 with approximately 96,000 rentable square feet. It includes a 24/7 attended lobby and is configured with access to private, flexible meeting spaces for tenants. The building has WiredScore Gold certification and is located near multiple subway lines, being about one block from the R, W, A, C, E, 4, 5, 6, J, and Z lines and about two blocks from the 1, 2, and 3 lines.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Total area
4,432 SF
Zoning code
NZS
APN
00135-1201
UPID
US63-0886953
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
-
Real Estate Agency
-
Credit Union
-
(Bike/Boat/Book/etc) Store
-
Employment Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.12M
Owner & transaction history
since 2017
7 recorded transactions
Zoning & alternative use
NZS · 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 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.12M
Value range
$3.71M – $4.53M
±10% around blend
Estimated value / SF
$930 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$3.71M
blend $4.12M
$4.53M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,432 SF
Year built
1910
Stories
28
APN
00135-1201
Zoning
NZS
Assessed value
$760,858
Annual tax
$73,684
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.05M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.2 mi away · 3,973 SF
2.2 mi away · 3,797 SF
2.4 mi away · 5,231 SF
2.4 mi away · 3,696 SF
2.5 mi away · 4,728 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.12M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 294 sales
$1,315
-29%
County 295 sales
$1,313
-29%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $930/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
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
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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$761k
Move the market yield to see immediate price impact.
Value / SF
$172
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%
$48k
$959k
$685k
$533k
$53k
$1.07M
$761k
$592k
$59k
$1.17M
$837k
$651k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.99M
0.3 mi · Jan 2026 · $382/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$73,684
Tax year 2024
Assessed value
$760,858
Assessed 2024
Previous assessed
$784,799
-3.1% YoY
Effective rate
9.68%
On assessed value
Assessed land
$171,504
Assessed improvement
$589,354
Land market value
$381,121
Improvement market value
$1,164,793
Total market value
$1,545,914
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
28
Units
1
Total area
4,432 SF
Zoning code
NZS
APN
00135-1201
UPID
US63-0886953
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
NZS · New York, NYZoning NZS · permitted uses
NZS · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
28
Buildings
1
Units
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
NZS
Jurisdiction
New York, NY
Recorded code
NZS
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
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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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