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Property profile & analytics
FOR LEASE
Office buildings
10 5Th St, Valley Stream, NY 11581
Individually Owned
Free & Clear
Property ID
US63-0142074
For Lease
1 / 2
$5,785,000
10 5Th St, Valley Stream, NY 11581
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
650 SF
Lot
0.51 ac (22,128 SF)
APN
39-027-00-0004
UPID
US63-0142074
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
-
CLASQUIN USA JFK Freight Service Logistics Company
-
Schneider Freight USA Inc. Freight Service Logistics Company
-
Cyberchain (Bike/Boat/Book/etc) Store Corporate Office
-
Alton USA Medical Group
-
Quality International Freight Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.79M
Owner & transaction history
Valley Stream Central High School D
Valley Stream Central High School D
since 2026
Last sale
$5.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Valley Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Stream 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
$6,160,000
ML approach
$5,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.79M
Range $5.21M – $6.36M · ±10% · vs last sale $5.70M (Aug 23 2023)
Last sale anchor
$5.70M
Aug 23 2023
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
$8,900 / 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
Tax billed
$279,192
Tax year 2023
Assessed value
$30,911
Assessed 2023
Previous assessed
$30,911
+0.0% YoY
Effective rate
903.21%
On assessed value
Assessed land
$4,798
Assessed improvement
$26,113
Total market value
$3,091,100
Applied tax rate
450.0000
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
For Lease
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Total area
650 SF
Lot
0.51 ac (22,128 SF)
APN
39-027-00-0004
UPID
US63-0142074
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
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Valley Stream Central High School D
Individual
Free & Clear · 0 yrs held
Mailing address
2276 65TH ST, BROOKLYN, NY 11204-4058
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
$6,400,000
Valley Stream Central High School D
10 5th Street Vs LLC
Bargain & Sale Deed
—
Aug 23, 2023
$5,700,000
10 5th Street Vs LLC
Lpf Realty 5th Street LLC
Deed
—
May 1, 2017
—
Lpf Realty 5th Street LLC
Town Of Hempstead Indl Dev Agcy
Quit Claim Deed
related
$2,554,000 · Astoria Bk
Feb 23, 2007
$3,900,000
Lpf Realty-5th Street LLC
Yonah Real Estate INC
Grant Deed
—
Feb 23, 2007
$1
Industrial Development Agency
Lpf Realty- 5th Street LLC
Grant Deed
related
—
—
—
Lpf Realty-5th Street LLC
—
Loan Modification
related
$2,554,000 · Astoria Bk
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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