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Property profile & analytics
OFF-MARKET
Estimated value
$25,420,000
Community centers
100 Rte 59th 120, Nanuet, NY 10954-2215
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1166799
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Total area
80,980 SF
Lot
21.8 ac (949,608 SF)
Zoning code
CS
APN
392089 57.20-1-49
UPID
US63-1166799
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.42M
Owner & transaction history
Centro Np Holdings 11 Spe LLC · 15 yrs held
Centro Np Holdings 11 Spe LLC
since 2010
2 recorded transactions
Zoning & alternative use
CS · Nanuet, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$41.8M
+67.3%
Restaurant
$41.5M
+66.0%
Commercial (general)
$29.7M
+18.8%
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 Nanuet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nanuet 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$25,015,000
Current use
OFFICE BUILDING
$41,835,000
Change: +67% · Conversion: Moderate
RESTAURANT
$41,510,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$29,705,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$29,110,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$24,125,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$25.42M
Range $22.88M – $27.96M · ±10%
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
$314 / 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
Property tax & assessments
Assessed value
$10,666,700
Assessed 2023
Previous assessed
$10,666,700
+0.0% YoY
Assessed land
$2,229,400
Assessed improvement
$8,437,300
Land market value
$1,093,266
Improvement market value
$4,137,534
Total market value
$5,230,800
Applied tax rate
392,008.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
PARTIAL
Buildings
4
Stories
1
Total area
80,980 SF
Lot
21.8 ac (949,608 SF)
Zoning code
CS
APN
392089 57.20-1-49
UPID
US63-1166799
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
CS · Nanuet, NY
Zoning CS · permitted uses
CS · Nanuet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nanuet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$25.0M
OFFICE BUILDING
Est. value
$41.8M
RESTAURANT
Est. value
$41.5M
COMMERCIAL (GENERAL)
Est. value
$29.7M
WAREHOUSE, STORAGE
Est. value
$29.1M
INDUSTRIAL (GENERAL)
Est. value
$24.1M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
21.8 ac
Current owner
From public records · entity-resolved
Centro Np Holdings 11 Spe LLC
Entity
Mailing address
STE 1130TH 1130, FT LAUDERDALE, FL 33394
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2010
—
Centro Np Holdings 11 Spe LLC
Centro Np LLC
Quit Claim Deed
related
$485,000,000 · J P Morgan Chase Bank
Aug 2, 2007
—
Super Intermediateco LLC
New Plan Excel Trust INC
Grant Deed
related
—
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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