Enter the property, income, expenses, and market cap rate. BRIC will generate a clean value range, NOI snapshot, expense benchmark analysis, and a downloadable PDF report.
ObjectiveChange
01Objective
What are you trying to decide?
This is the most important selection on the page. The numbers we emphasize, the sections we build, and the report you walk away with are all framed around this one answer.
Not sure yet? Pick the closest fit. You can change your objective any time, even after your results are on screen.
Required
What’s your timeline? *
Required. This tailors the valuation to your decision.
Valuation Focus
Select an objective to personalize the output.
The valuation will adapt around the decision you are trying to make.
Choose an objective to begin.
Select an objective above to unlock the form. The valuation inputs are locked until you confirm your goal, this keeps the output focused on the decision you are trying to make.
Property Details ★ Recommended · address powers the public-records pull
PR
Public Records
Enter an address to auto-pull
Idle
▾
Building Characteristics
Year Built—
Stories—
Gross Building SF—
Residential SF—
Commercial SF—
Total Units—
Residential Units—
Commercial Units—
Building Class—
Land Use—
Lot & Zoning
Lot Area—
Lot Frontage—
Lot Depth—
Built FAR—
Residential FAR—
Commercial FAR—
Facility FAR—
Max Buildable SF—
Additional Buildable SF—
Built Out—
Zoning Map—
Zoning District—
Overlay—
Special District—
Landmark—
Historic District—
Ownership & Sale History
Owner of Record—
Owner Mailing—
Last Sale Date—
Last Sale Price—
Deed Type—
Years Held—
Tax Assessment
Market Value (DOF)—
Assessed Value—
Taxable Value—
Tax Class—
Annual Tax Bill—
Exemptions—
Tax Rate—
421-a / J-51—
Open Violations
DOB Open—
HPD Open—
ECB / OATH—
Fines Balance Due—
Fines Imposed (All-Time)—
Water & Sewer Bills—
FDNY—
Location Programs & Incentives
MIH—
Inclusionary Housing—
Opportunity Zone—
FRESH Zone—
Recent Permits & Filings
No permit data loaded.
Compliance & C of O
C of O Status—
C of O Date—
Energy Grade (LL95)—
LL97 Status—
LL11 / FISP—
Rent Stabilized Units—
Identifiers
BBL—
BIN—
Block / Lot—
Community District—
Growth Development Analysis
Development site inputs
Available in Pro. Enter lot size and FAR to calculate estimated buildable square footage.
Pro
Development-site analysis is a Pro feature. Free users can still build income-producing property valuations, but FAR, zoning, street width, and buildable SF analysis unlock in Pro.
SF
FT
Auto-generated zoning language is directional and should be reviewed before being used in a report.
Estimated Buildable SF
—
Calculated as Lot Size × FAR. This is a planning estimate and should be verified against zoning, deductions, overlays, and applicable regulations.
Building Profile Tunes Cap Rate Pricing
These characteristics adjust the suggested cap rate. Newer, renovated, well-positioned buildings price tighter; older, un-renovated, or higher-risk buildings price wider.
Building-wide finish level; it feeds the cap-rate profile. Condition and renovation budgets for individual apartments live inside each rent-roll row's detail drawer.
$
For vacant or value-add plans: the cost to renovate and reposition. Subtracted from the pro forma value to estimate what the building is worth as-is, today.
Tax abatements typically require rent stabilization for the duration of the benefit. When the abatement burns off, RS may continue or units may de-stabilize depending on program.
Cap Rate Adjustment+0 bps
Utilities
This only affects annual operating expenses. If tenants pay their own heat, the Heat expense is excluded from NOI. Common-area utilities remain owner expenses.
Annual Income ★ Recommended · itemized rent roll + itemized expenses drive accuracy
Start here · fastest path to a real number
Drop your file here, or browse
Excel, CSV, PDF, or a photo. A workbook with an Operating Statement sheet fills your expenses too; PDFs and photos are read by BRIC intelligence.
Paste Rent Roll
Copy rows from Excel / Google Sheets and paste below. Auto-detects columns from headers.
Preview
$
$
Itemized Rent Roll Included free
Open a compact detailed rent roll only when you need it.
Fill every unitSets the values you pick on every unit below. Units arrive pre-filled with defaults, so this replaces them. Edit any single unit afterwards.
Retail / Commercial Rent Roll
Retail condition rarely cuts value the way apartment condition does; tenants typically build out the space themselves or ask for a “white box.” If the space isn’t broom-clean / white-box ready, budget roughly $10–$30/SF as a “White-box retail prep” line under Major Building Projects.
Greyed numbers are BRIC market estimates. Type over any line to use your own, and cleared lines stay empty. Hit Auto-fill estimates anytime to re-fill blanks.
Total Annual Expenses$0
Major Building Projects Optional · feeds Renovation & Return
Known capital work a buyer or owner would budget for: roof, boiler, facade/FISP, risers. What you enter here builds the Renovation & Return Analysis in your report, which shows what the money buys back in rent and value. It never reduces your Suggested Value, that figure stays a picture of the building as it stands today. Leave it empty if there is no planned work.
Market Cap Rate
6.2%
What is a cap rate?
A cap rate is a way investors compare a property's annual income to its value. A lower cap rate generally means buyers view the property as lower risk or more desirable. A higher cap rate generally means buyers require a higher return because the property has more risk, uncertainty, or less demand.
How should I choose one?
Use a lower cap rate for stronger locations, newer or more stable buildings, cleaner income, and stronger buyer demand. Use a higher cap rate for vacancy, rent regulation, deferred income, smaller buyer pools, or operational uncertainty.
You can override the cap rate any time. A 25 bps change (0.25%) can move value materially. At a 6% cap, roughly a 4% swing.
▸Sales Comps Optional · pick what shows in the report
Recorded multifamily deeds near the subject. Every pull is checkable below; only checked comps appear in the report.
Add a comp by hand
Comps you add are pooled anonymously to sharpen everyone’s comps. Your own property stays private.
Averaged from the comps you selected above. Edit to override; your number wins and stays put.
▸Renovation & Return Optional
For value-add deals: enter a renovation budget and a target return, and see the purchase price that makes the numbers work on your projected (pro forma) rents. Directional only, your projected NOI drives everything here.
$
$
6.5%
The return you need on purchase price + renovation combined. Value-add buyers usually target a spread above the market cap rate.
▸Debt & Loan Modeling Optional
Add loan terms to see debt service, DSCR, and cash-on-cash return. Skip this section for an all-cash valuation.
Have the note or loan agreement? BRIC fills the terms below from it.
$
%
%
Interest-Only Period
Most commercial loans let you pay only interest for the first 1-5 years, then switch to full payments (principal + interest). This lowers your monthly payment during the IO period, useful if you're stabilizing the property or doing a value-add and want maximum cash flow upfront. Trade-off: you build no equity through paydown during IO, and your payment jumps when amortization kicks in.
Common choices:
months
Balloon / Refi Year
Most commercial loans don't fully pay off during the loan term, they require a balloon payment at maturity. Typical NYC loans are 5, 7, or 10-year balloons on a 25-30 year amortization. At the balloon date, you'll need to refinance, sell, or pay the remaining principal in cash. Leave blank if your loan fully amortizes (residential-style).
Common choices:
year of loan
All advanced options unlock with Pro. Free tier still includes full DSCR, monthly payment, and annual debt service.
These flow into the Closing-Cost and 1031 sections of your generated valuation report. Brokers and firms often quote round numbers that don’t reflect your actual deal terms, set them here for an accurate picture.
Auto picks the right jurisdiction from your address. Override if needed, transfer-tax rates vary significantly by location.
%
Of sale price. Estimate only; commissions are negotiable and set in your listing agreement.
$
Flat fee per deal. Larger deals 7.5–15k.
Overrides the residential vs. commercial NYC RPTT split.
$
Subtracted from net proceeds. Leave blank if owned free & clear.
Projects each unit's allowed legal renewal increase by regulatory bucket: Rent Stabilized (RGB), Good Cause Eviction (CPI+5%), or Free Market. Vacant free-market units also show market-reset rent, since that's the only time landlords can increase above the renewal cap.
%
GCE cap = CPI + 5% (max 10%). Default 3.79% is DHCR's published NYC inflation index → 8.79% local rent standard. DHCR re-publishes this annually.
%
Applies only to free-market units. Regulated units follow the RGB order or the GCE cap above, never this rate. This is an assumption about the market, not a published figure.
Enable the detailed rent roll above to see per-unit growth projections by regulatory bucket.
Report Add-Ons
Optional analyses to include in your valuation report. Add either or both, they'll appear inline in the results and the PDF.
Free: your valuation, current upside, public records, benchmarks, and risk checks. The full Decision Report (scenarios, sensitivity, zoning & location intelligence, PDF) is a one-time unlock or BRIC Pro.
Pro Review
Need a second set of eyes?
Build your valuation free. A BRIC advisor can review it with you: confirm assumptions, pressure-test the cap rate, and flag what’s missing before you rely on the number.
▸What a review covers
Live valuation reviewHave a BRIC advisor review the valuation and suggest adjustments before you use it for a decision.
Market cap-rate checkPressure-test the cap rate against submarket, property type, income quality, and buyer demand.
Market rate projectionsForecast legal-rent increases (RGB for rent-stabilized, CPI+5% for Good Cause) and market-reset upside on free-market vacancies. Project income 1-5 years out under multiple scenarios.
Rent roll + expense reviewReview rents, vacancies, expenses, and benchmark flags to identify NOI improvement opportunities.
Next-step strategyGet guidance on whether to hold, refinance, improve, prepare an OM, or explore a sale.
Comparable sales are live. Recent recorded sales of similar nearby buildings come from NYC public records and appear in your report, matched on building class, size band and distance.
Live valuation workspace
Model value, expenses, and NOI with clarity.
Generate an owner-friendly valuation output, save it to your Dashboard, and export a PDF your team can review.
Value rangeExpense benchmarksDashboard savePDF export
No valuation yet
Enter your property details on the left, then click Generate Valuation. Your output will appear here and can be saved to the Dashboard.
Value-add · flip projection
What's it worth after you renovate?
The valuation above is the building as-is; that price stands. This is the separate question: if you buy it, put money in, and bring rents to full market, does the deal work? These are your numbers; nothing about achievable rent is assumed.
$
$
Scope presets seed a typical per-unit cost, adjust to your actual bids.
Unlock to continue
Save & Download Reports
Generating valuations is always free. Saving to your Dashboard and downloading PDF reports requires an unlock.
Single Report
$99
Save this valuation to your Dashboard and download as many PDFs as you need, for this property only.
BRIC Pro · Owner
$1,099.90/yr
Unlimited saves, PDF downloads, and revisions across every property, all year, at the best rate.
Already a BRIC Pro member? You get unlimited saves & PDFs included.
Everything you submit stays strictly confidential within the BRIC team. It is used only to underwrite a potential offer, never shared, listed, or marketed.
No broker fee. You keep the estimated 4–6% a brokered sale can cost in commission (rates are negotiable and vary by deal).
Quick, certain close. No listing, no showings, no financing contingencies, close on your timeline.
Honest pricing. BRIC offers typically come in slightly below market value, the trade-off for speed, certainty, and zero fees.
For qualifying deals only. A BRIC analyst reviews each request individually.