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    1 Vlg Plz Kings Park, NY 11754-2737
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    Property profile & analytics

    1 Vlg Plz, Kings Park, NY 11754-2737

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    • Investment properties
    • 0.07 lot acres
    Off-Market
    Property ID
    US63-0130097
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ace Drafting / Renovation Specialist / (Bike/Boat/Book/etc) Store
    • Joan O'Connor | Kings Park counseling / Counselor
    • Simply Claudia Portraits / (Bike/Boat/Book/etc) Store / Photography Service
    • Sovereign Global Advisors / Financial Advisor
    • Custom Modern Bathroom & Kitchen / Renovation Specialist / General Contractor

    Property Details for 1 Vlg Plz

    Lot size
    0.07 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0800-027.00-01.00-041.005
    APU
    800027000100041005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 6, 2018 — Utr LLC — Deed · related $480k · Bcb Community Bank
    Aug 19, 2003 $590,000 Utr LLC Parrish,richard Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kings Park
    County
    Suffolk
    State
    New York
    Longitude
    -73.2556
    Latitude
    40.8844
    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
    $1,000
    $6,500
    $7,500
    -
    $1,149
    $7,471
    $8,620

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      29 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      29 Main St, Kings Park, NY 11754-2713
      View Details
    • Value Estimation by Request
      0.31 Acres

      7 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      7 Main St, Kings Park, NY 11754-2736
      View Details
    • Value Estimation by Request
      0.02 Acres

      48th Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      48th Main St, Kings Park, NY 11754-2725
      View Details
    • Value Estimation by Request
      0.22 Acres

      4 Indian Head Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      4 Indian Head Rd, Kings Park, NY 11754-3701
      View Details
    • Value Estimation by Request
      0.30 Acres

      100 Rumford Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      100 Rumford Rd, Kings Park, NY 11754-3904
      View Details
    • Value Estimation by Request
      1,020 SF

      134 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      134 Main St, Kings Park, NY 11754-2604
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

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      Kings Park Multifamily Investment Opportunity

      Multifamily property in Kings Park near LIRR and local amenities.
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      Renovated Office Building with Retail

      Freestanding, renovated office building with retail exposure and parking.
      121 Pulaski Rd, Kings Park, NY 11754
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      Renovated Multifamily Property, Kings Park

      Renovated multifamily property in Kings Park, great investment opportunity.
      50 Pulaski Rd, Kings Park, NY 11754
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    Similar Nearby for Lease

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      Outdoor Storage Space Available

      10 acres of divisible outdoor storage space, available January 2026.
      350 Old Northport Rd, Kings Park, NY 11754
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      1,600 SF

      Retail Space in Kings Park

      Highly visible neighborhood center anchored by Key Food and T.J. Maxx.
      42-72 Indian Head Rd, Smithtown, NY 11754
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      7,500 SF

      Retail Space in Smithtown

      Retail space available for lease in Smithtown, New York.
      742-750 Rt 25A, Smithtown, NY 11754
      View Details
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    1 Vlg Plz
    Kings Park, NY 11754-2737
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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