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Property profile & analytics
FOR LEASE
Office buildings
90 Broad St, New York, NY 10004
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-5602878
For Lease
1 / 2
$895,000
90 Broad St, New York, NY 10004
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1930
Total area
336,025 SF
Lot
0.35 ac (15,445 SF)
Zoning code
C5-5
APN
00010-0016
UPID
US63-5602878
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
-
STUDIO WL ARCHITECTURE, PLLC Architecture Firm
-
Law Offices of Stephen R. Markman Law Firm
-
Finkelstein & Virga Law Firm
-
MG Miller Law Firm
-
Gallo Vitucci Klar Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
2022 Generational Family Trust · 3 yrs held
2022 Generational Family Trust
since 2023
7 recorded transactions
Zoning & alternative use
C5-5 · 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
$3 / 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
$2,909,934
Tax year 2024
Assessed value
$27,472,940
Assessed 2024
Previous assessed
$27,978,390
-1.8% YoY
Effective rate
10.59%
On assessed value
Assessed land
$6,930,000
Assessed improvement
$20,542,940
Land market value
$15,400,000
Improvement market value
$51,178,000
Total market value
$66,578,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1930
Heating
NONE
Buildings
1
Stories
24
Units
97
Total area
336,025 SF
Lot
0.35 ac (15,445 SF)
Zoning code
C5-5
APN
00010-0016
UPID
US63-5602878
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5-5 · New York, NY
Zoning C5-5 · permitted uses
C5-5 · 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
1930
Heating
NONE
Stories
24
Buildings
1
Units
97
Lot
0.35 ac
Current owner
From public records · entity-resolved
2022 Generational Family Trust
Trust
Mailing address
232 MADISON AVE RM #204, NEW YORK, NY 10016-2954
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
—
2022 Generational Family Trust
2021 Generational Investment Family
Deed
—
Apr 3, 2019
—
Broad Street Plaza LLC
—
Deed
related
$20,000,000 · New York Community Bank
Jan 12, 2017
—
Broad Street Plaza LLC
—
Deed
related
$80,000,000 · Wells Fargo Center
Jan 17, 2014
$128,575,277
Broad Street Plaza LLC
90 Broad Owner LLC
Grant Deed
—
Feb 27, 2007
—
90 Broad Owner LLC
—
Deed Of Trust
related
$86,000,000 · Ubs Real Estate Securities INC
Apr 7, 2006
$90,564,282
90 Broad Owner LLC
90 Broad L L C
Deed
$33,043,129 · Lehman Brothers Holding
Apr 7, 2006
—
90 Broad Owner LLC
—
Deed Of Trust
related
$66,914,000 · Lehman Brothers Bank Fsb
Dec 14, 2000
$58,800,000
90 Broad LLC
Green 90 Broad LLC
Grant Deed
related
—
—
—
Broad Street Plaza LLC
—
Loan Modification
related
$80,000,000 · Wells Fargo Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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