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Property profile & analytics
OFF-MARKET
Estimated value
$25,685,000
Office buildings
1 Old Country Rd Carle Place, NY 11514-1801
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-5493040
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
44,068 SF
Lot
8.02 ac (349,351 SF)
APN
09-670-00-0056
UPID
US63-5493040
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
-
URockSports.com - Personalized Sports Jewelry (Bike/Boat/Book/etc) Store
-
Continental Abstract Corporation Title Company
-
ABN Capital Corporation Loan Service Bank
-
Affordable Tile Install | Near Me | General Contractor Renovation Specialist
-
Marshal Shichtman & Associates, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.51M
Blend (final)
Blend
$25.69M
Owner & transaction history
Dbd Realty Ptrs LLC · 6 yrs held
Dbd Realty Ptrs LLC
since 2020
Last sale
$26.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$39.1M
+25.8%
Neighborhood: shopping center
$38.7M
+24.3%
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 Carle Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carle Place 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
$30,230,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$31,095,000
Current use
RESTAURANT
$39,125,000
Change: +26% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$38,660,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$28,960,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$28,530,000
Change: -8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$26,580,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$25,110,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$25.69M
Range $23.12M – $28.25M · ±10% · vs last sale $26.50M (Feb 25 2020)
Last sale anchor
$26.50M
Feb 25 2020
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
$583 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$375,388
Assessed 2023
Previous assessed
$375,388
+0.0% YoY
Assessed land
$125,766
Assessed improvement
$249,622
Total market value
$37,538,800
Applied tax rate
781.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
44,068 SF
Lot
8.02 ac (349,351 SF)
APN
09-670-00-0056
UPID
US63-5493040
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$31.1M
RESTAURANT
Est. value
$39.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.7M
AUTO REPAIR, GARAGE
Est. value
$29.0M
COMMERCIAL (GENERAL)
Est. value
$28.5M
INDUSTRIAL (GENERAL)
Est. value
$26.6M
RETAIL STORES
Est. value
$25.1M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
2
Lot
8.02 ac
Current owner
From public records · entity-resolved
Dbd Realty Ptrs LLC
Entity
Mailing address
585 STEWART AVE STE #630, GARDEN CITY, NY 11530-4727
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
—
Dbd Realty Ptrs LLC
—
Deed
related
$150,000 · Miscellaneous Govt Agcy
Apr 22, 2020
—
Dbd Realty Partners LLC
—
Deed
related
$4,062,500 · Citibank
Feb 25, 2020
$26,500,000
Dbd Realty Ptrs LLC
Tcj Realty Old Cntry Rd LLC
Grant Deed
—
Jun 5, 2019
—
Tcj Realty Old Cntry Rd LLC
—
Loan Modification, Consolidation And Extension
related
$16,500,000 · 1 Old Cntry Road 1 LLC
Jan 24, 2017
—
Tcj Realty Old County Rd LLC
—
Grant Deed
related
$14,000,000 · Private Individual
Dec 28, 2016
$17,300,000
Tcj Realty Old Country Rd LLC
Clk Hp One Old Country LLC
Grant Deed
—
May 22, 2008
$65,000,000
Hlp Old Country Tic LLC
Treeline 1 Ocr LLC
Grant Deed
—
Jun 16, 2005
—
Treeline 1 Ocr LLC
Treeline Mineola LLC
Quit Claim Deed
related
—
—
—
Tcj Realty Old Cntry Rd LLC
—
Deed Of Trust
related
$2,500,000 · 1 Old Cntry Road 1 LLC
—
—
Tcj Realty Old Cntry Road LLC
—
Deed Of Trust
related
$12,500,000 · 1 Ocr Senior Lender LLC
—
—
Dbd Realty Ptrs LLC
—
Deed Of Trust
related
$150,000 · Miscellaneous Govt Agcy
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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