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Property profile & analytics
OFF-MARKET
Estimated value
$6,300,000
Turn key restaurants
92 Waverly St, Yonkers, NY 10701-3903
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-2837390
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1886
Total area
37,155 SF
Lot
0.37 ac (16,117 SF)
Zoning code
M
APN
551800 1.-474-1
UPID
US63-2837390
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
-
Castle Royale Event Planning Wedding Service
-
Star Photo & Video Wedding Service Photography Service
-
Royal Care of Westchester Community Center
-
Hygxu Hotel & Motel Bed & Breakfast
-
noah 2 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.85M
Blend (final)
Blend
$6.30M
Owner & transaction history
Shreebal Ajee Corp · 2 yrs held
Shreebal Ajee Corp
since 2024
7 recorded transactions
Zoning & alternative use
M · Yonkers, 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 Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.30M
Range $5.67M – $6.93M · ±10%
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
$170 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,696
Tax year 2020
Assessed value
$58,900
Assessed 2023
Previous assessed
$58,900
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$17,100
Assessed improvement
$41,800
Land market value
$955,307
Improvement market value
$2,335,196
Total market value
$3,290,503
Applied tax rate
551,800.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1886
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
37,155 SF
Lot
0.37 ac (16,117 SF)
Zoning code
M
APN
551800 1.-474-1
UPID
US63-2837390
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M · Yonkers, NY
Zoning M · permitted uses
M · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yonkers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1886
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Shreebal Ajee Corp
Entity
Mailing address
108 WESTMINSTER RD, SCARSDALE, NY 10583-2425
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
—
Shreebal Ajee Corp
City Of Yonkers Industrial Dev Agcy
Assignment Of Sub Lease
—
Feb 20, 2024
—
Shreebalajee Corp
—
Deed
related
$127,375 · Webster Bank NA
Feb 27, 2014
—
Shreebalajee Corp
Tkcc Holding Corp
Grant Deed
$1,550,000 · T K C C Holding Corp
—
—
Shreebalajee Corp
—
Loan Modification
related
$1,800,000 · Keybank USA
—
—
Shreebalajee Corp
—
Deed Of Trust
related
$250,000 · Keybank USA
—
—
Tkcc Holding Corp
—
Deed Of Trust
related
$50,000 · Hudson Valley Bank
—
—
Tkcc Holding Corp
—
Deed Of Trust
related
$100,000 · Hudson Valley Bank
—
—
Tkcc Holding Corp
—
Deed Of Trust
related
$50,000 · Hudson Valley 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.
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