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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Industrial properties
1 Martin Pl Port Chester, NY 10573-4323
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-3647138
Property summary
AI-generated overview
This exceptional 10,000-square-foot industrial property in Port Chester's desirable Westchester submarket presents a unique opportunity. Currently offering 3,000 square feet of immediately available space, this Class B building is divisible to a minimum of 3,000 square feet, with a maximum contiguous space of 3,000 square feet. The property boasts a 15-foot ceiling height, perfect for various uses, including manufacturing, warehousing, assembly, or even specialized sports-related businesses. The building's former use as a machine shop speaks to its robust infrastructure, including heavy, three-phase power. Conveniently located on the Byram River waterfront, the property offers a significant advantage for businesses requiring water access. Ample parking is available with 10+ spaces in a surface lot, providing additional outdoor storage or parking options. One drive-in door ensures efficient loading and unloading. The property is zoned CD5 and offers a combination of warehouse, flex, and manufacturing space. This move-in ready space is ideal for businesses seeking a versatile and well-equipped location in a prime Westchester County location.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Total area
13,846 SF
Lot
1.04 ac (45,247 SF)
Zoning code
DW WTRFRT
APN
554801 142.39-1-61
UPID
US63-3647138
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
-
Zodiac Industries Inc Production Facility Metal Fabrication Plant
-
Titan Mechanical Services Inc Construction Company
-
A & M Marine Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.78M
Owner & transaction history
Port Byram Holdings Ltd · 8 yrs held
Port Byram Holdings Ltd
since 2017
1 recorded transaction
Zoning & alternative use
DW WTRFRT · Port Chester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+114.8%
Restaurant
$2.0M
+85.0%
Commercial (general)
$1.5M
+40.6%
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 Port Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Chester 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,070,000
Current use
AUTO REPAIR, GARAGE
$2,305,000
Change: +115% · Conversion: Easy
RESTAURANT
$1,985,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,505,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,485,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,485,000
Change: +38% · Conversion: Easy
RETAIL STORES
$1,395,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±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
$128 / 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
Assessed value
$1,599,000
Assessed 2023
Previous assessed
$1,599,000
+0.0% YoY
Assessed land
$1,513,300
Assessed improvement
$85,700
Land market value
$1,513,300
Improvement market value
$85,700
Total market value
$1,599,000
Applied tax rate
554,804.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
13,846 SF
Lot
1.04 ac (45,247 SF)
Zoning code
DW WTRFRT
APN
554801 142.39-1-61
UPID
US63-3647138
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
DW WTRFRT · Port Chester, NY
Zoning DW WTRFRT · permitted uses
DW WTRFRT · Port Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Port Byram Holdings Ltd
Entity
Mailing address
1 MARTIN PL, PORT CHESTER, NY 10573-4323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2017
—
Port Byram Holdings Ltd
—
Deed
related
$400,000 · The Westchester 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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