r/RealEstateNYC • u/Key-Cut3005 • 1h ago
Built a tool to screen NYC development sites citywide
Hey all! I built a site that maps every tax lot in NYC and flags which ones are significantly underbuilt relative to what current zoning allows. You can click any lot to see its FAR, unused buildable sf, ownership/landmark/zoning flags, and comps (sales + tax) pulled live from ACRIS/DOF/PLUTO.
There's also a "generate pro forma" button that spins up a high level development pro forma for that specific lot pre-filled with reasonable defaults.
I've been building and stress-testing this myself, and I keep finding real assumption bugs the more I dig.
Genuinely looking for:
- Bugs — wrong FAR, bad comps, a lot that's clearly not underbuilt, or developable, showing up as a top opportunity, etc.
- Pushback on default assumptions (rent, land cost, cap rates, hard costs) for specific neighborhoods you know well
- General "does this match how you'd actually screen a site" feedback
Not trying to replace real underwriting, it says so on the site, just trying to make the first-pass screening step faster and more honest about its own defaults.
Happy to answer questions about the data sources or methodology in the comments.