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    Property profile & analytics

    1 Research Road Ridge, NY 11961

    • Office buildings
    • 5.00 lot acres
    For Sale
    View listing
    $11,250,000
    Value Estimation
    Last Sale
    May 09, 2022
    $10,200,000
    Location Intelligence
    Property ID
    US63-4734998
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New York Cancer & Blood Specialists / Business Administration Service
    • Jay Ben Adlersberg, MD / Rheumatologist / Internist
    • New York Cancer & Blood Specialists Executive Center / Cancer Treatment Center

    Property Details for 1 Research Road

    Lot size
    5.00 lot acres
    Property type
    Office buildings
    APN
    0200-459.00-01.00-001.004
    APU
    200459000100001004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,635,000
      6.5%
      $10,475,000
      7%
      $9,925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,335,000
      Geo Method
      $9,400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,825,000
      Retail
      $8,820,000
      Mixed-Use
      $10,540,000
      Hospitality
      $11,750,000
      Educational
      $8,860,000
      Residential Income
      $9,500,000
      Energy
      $12,065,000
      Income-Based Land
      $10,280,000
      Food Service
      $11,615,000

    Location Insight

    • Map
    • Local Demand
    City
    Ridge
    County
    Suffolk
    State
    New York
    Longitude
    -72.8953
    Latitude
    40.8771
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $4,000
    $56,000
    $60,000
    -
    $7,407
    $103,704
    $111,111

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      1001 Middle Country Rd

      OFFICE BUILDING • 0.13 Acres
      1001 Middle Country Rd, Ridge, NY 11961-2806
      View Details
    • Value Estimation by Request
      4.36 Acres

      William Floyd Pkwy

      OFFICE BUILDING • 4.36 Acres
      William Floyd Pkwy, Ridge, NY 11961
      View Details
    • Value Estimation by Request
      1,180.32 Acres

      Long Is Expy

      OFFICE BUILDING • 1,180.32 Acres
      Long Is Expy, Ridge, NY 11961
      View Details
    • Value Estimation by Request
      1.00 Acre

      Red Maple Rd

      OFFICE BUILDING • 1.00 Acre
      Red Maple Rd, Ridge, NY 11961
      View Details
    • Value Estimation by Request
      10.05 Acres

      5 Ramsey Rd

      OFFICE BUILDING • 10.05 Acres
      5 Ramsey Rd, Ridge, NY 11961
      View Details
    • Value Estimation by Request
      1.53 Acres

      681 Whiskey Rd

      PROFESSIONAL BUILDING • 1.53 Acres
      681 Whiskey Rd, Ridge, NY 11961-8351
      View Details

    Similar Nearby for Sale

    • $11,250,000
      45,000 SF

      Luxury Ridge Office Building

      Prime HQ location, 45,000 SF, award-winning design.
      1 Research Road, Ridge, NY 11961
      View Details
    • $11,250,000
      45,000 SF

      Trophy Office Building For Sale

      45,000 SF trophy building, ideal headquarters location.
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    • Contact for pricing
      0.67 Acres

      Route 25 Commercial Property

      Ridge, NY Retail & Office Opportunity
      1695-1697 Rte, Ridge, NY 11961
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    • Contact for pricing

      Office/Retail Lot on Route 25

      0.67 acre lot with approved plans for office/retail.
      1695-1697 Rte, Ridge, NY 11961
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    • Contact for pricing
      4.30 Acres

      Prime Ridge Commercial Land

      4.3 Acres, J Business Zoning
      1901 Middle Country Rd, Ridge, NY 11961
      View Details
    • $60,000
      Pending

      Land For Sale in Ridge

      Land available in Ridge, NY, being sold with adjacent home.
      Corchaug Trl, Ridge, NY 11961
      View Details
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    1 Research Road
    Ridge, NY 11961
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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