Estimate
$4,792,727
This estimate gives equal weight to two calculations: annual net operating income (NOI) divided by the assumed cap rate expressed as a decimal, and annual gross rent multiplied by the assumed gross rent multiplier (GRM). It adds those two values and divides by two, then rounds the result to the nearest dollar. The tool does not select market assumptions or adjust them for your building. Screening estimate only. A real value range depends on rent control, expenses, condition, comps, debt market, and buyer demand.
This is for general informational purposes only. Consult with your CPA, tax advisor, and/or attorney for guidance specific to your situation.