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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Office buildings
901 Broadway New York, NY 10003-1205
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US63-6088848
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1910
Total area
15,245 SF
Lot
0.06 ac (2,598 SF)
Zoning code
M15M
APN
00848-0068
UPID
US63-6088848
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
-
Timothy Oulton New York Furniture & Home Goods Home Decor Store
-
TeleLeaf RX Medical Marijuana Cards & Doctors Online - New York City Clinic Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
Karass Broadway 901 LLC · 16 yrs held
Karass Broadway 901 LLC
since 2009
7 recorded transactions
Zoning & alternative use
M15M · 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
$355 / 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
$326,165
Tax year 2024
Assessed value
$3,280,590
Assessed 2024
Previous assessed
$3,130,650
+4.8% YoY
Effective rate
9.94%
On assessed value
Assessed land
$1,129,500
Assessed improvement
$2,151,090
Land market value
$2,510,000
Improvement market value
$4,333,000
Total market value
$6,843,000
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
Off-Market
Year built
1910
Heating
NONE
Buildings
1
Stories
5
Units
7
Total area
15,245 SF
Lot
0.06 ac (2,598 SF)
Zoning code
M15M
APN
00848-0068
UPID
US63-6088848
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M15M · New York, NY
Zoning M15M · permitted uses
M15M · 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
1910
Heating
NONE
Stories
5
Buildings
1
Units
7
Lot
0.06 ac
Current owner
From public records · entity-resolved
Karass Broadway 901 LLC
Entity
Mailing address
55 BROAD ST FL #26, NEW YORK, NY 10004-2580
Ownership since
2009
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
Sep 14, 2009
$24,600,000
Karass Broadway 901 LLC
901 Broadway Realty LLC
Grant Deed
—
Oct 2, 2007
—
901 Broadway Realty LLC
—
Deed Of Trust
related
$10,000,000 · Anglo Irish Bank Corp Plc
Oct 30, 2006
$12,000,000
901 Residential LLC
Sakhai,cyrus & Daryosh
Grant Deed
$5,753,656 · Anglo Irish Bank Corp Plc
Oct 30, 2006
$5,375,000
901 Broadway Realty LLC
Sakhai,cyrus & Daryosh
Grant Deed
—
Oct 30, 2006
—
Anglo Irish Bank Corp Plc
—
Deed Of Trust
related
$7,500,000 · 901 Residential LLC
—
—
Karass Broadway 901 LLC
—
Deed Of Trust
related
$17,500,000 · Kuralee Holdings Bv
—
—
Karass Broadway 901 LLC
—
Deed Of Trust
related
$3,500,000 · Lh & R Management Co Bv
—
—
Kuralee Holdings Bv
—
Loan Modification
related
—
—
—
Karass Broadway 901 LLC
—
Loan Modification
related
$3,500,000 · Lincoln Life & Annuity Co/new
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.
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