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Property profile & analytics
OFF-MARKET
Estimated value
$26,445,000
Manufacturing properties
100 Frst Dr, Greenvale, NY 11548-1205
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-1880785
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1965
Total area
81,501 SF
Lot
10.01 ac (436,036 SF)
APN
07-273-00-0048
UPID
US63-1880785
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
-
Slant/Fin Corporation Big Box & Wholesale Store Building Supply
-
Redox Pharmaceutical Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.45M
Owner & transaction history
Steel Fin LLC · 3 yrs held
Steel Fin LLC
since 2023
Last sale
$33.0M
4 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 Greenvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenvale 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
$32,470,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,440,000
6.5%
$17,945,000
7%
$16,665,000
Blend value · Realmo final
$26.45M
Range $23.80M – $29.09M · ±10% · vs last sale $33.00M (Jan 6 2023)
Last sale anchor
$33.00M
Jan 6 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
$324 / 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
$465,508
Tax year 2023
Assessed value
$98,237
Assessed 2023
Previous assessed
$103,682
-5.3% YoY
Effective rate
473.86%
On assessed value
Assessed land
$45,695
Assessed improvement
$52,542
Total market value
$9,823,700
Applied tax rate
805.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
81,501 SF
Lot
10.01 ac (436,036 SF)
APN
07-273-00-0048
UPID
US63-1880785
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
1965
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
10.01 ac
Current owner
From public records · entity-resolved
Steel Fin LLC
Entity
Free & Clear · 3 yrs held
Mailing address
999 S OYSTER BAY RD STE #200, BETHPAGE, NY 11714-1045
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
—
Steel Fin LLC
—
Deed
related
$33,000,000 · Nassau County Industrial Development Age
Jan 6, 2023
$33,000,000
Steel Fin LLC
Eastrich Realty Corp
Bargain And Sale Deed
—
Jan 6, 2023
—
Nassau County Industrial Dev Agcy
Steel Fin LLC
Lease
—
Jun 23, 2008
—
Eastrich Realty Corp
Industrial Development Agency
Grant Deed
$10,240,000 · Wachovia Bank NA
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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