New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,385,000
Office buildings
1065 Stewart Ave, Bethpage, NY 11714-3637
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-6289404
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
15,795 SF
Lot
17.56 ac (764,914 SF)
APN
46-00G-00-0076
UPID
US63-6289404
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
-
The Law Office of James A. McGlynn LLC Law Firm
-
Scahill Law Group P.C. Law Firm
-
New York Asylum Office Government Office
-
Bridge Back To Life Crisis Center Medical Clinic
-
长岛移民法庭 Court Executive Officer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.46M
Comparable Approach
Comparable
$6.99M
Blend (final)
Blend
$7.39M
Owner & transaction history
Hsre Eb Bethpage LLC · 5 yrs held
Hsre Eb Bethpage LLC
since 2021
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 Bethpage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethpage 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%
$4,830,000
6.5%
$4,455,000
7%
$4,140,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,145,000
Current use
AUTO REPAIR, GARAGE
$10,380,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,225,000
Change: -8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,525,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$9,000,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$7.39M
Range $6.65M – $8.12M · ±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
$468 / 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
$1,285,892
Tax year 2023
Assessed value
$186,617
Assessed 2023
Previous assessed
$186,617
+0.0% YoY
Effective rate
689.05%
On assessed value
Assessed land
$95,254
Assessed improvement
$91,363
Total market value
$18,661,700
Applied tax rate
551.0000
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
Off-Market
Year built
1965
Heating
NONE
Total area
15,795 SF
Lot
17.56 ac (764,914 SF)
APN
46-00G-00-0076
UPID
US63-6289404
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.1M
AUTO REPAIR, GARAGE
Est. value
$10.4M
COMMERCIAL (GENERAL)
Est. value
$10.2M
INDUSTRIAL (GENERAL)
Est. value
$9.5M
RETAIL STORES
Est. value
$9.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1965
Heating
NONE
Lot
17.56 ac
Current owner
From public records · entity-resolved
Hsre Eb Bethpage LLC
Entity
Free & Clear · 5 yrs held
Mailing address
448 OYSTER BAY RD, LOCUST VALLEY, NY 11560-2344
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 11, 2021
$5,000,000
Hsre Eb Bethpage LLC
1055 Stewart Ave Ralty LLC
Bargain And Sale Deed
—
Oct 25, 2007
$27,500,000
1055 Stewart Avenue Realty LLC
Bethpage Realty LLC
Grant Deed
$20,999,756 · Manufacturers Traders & Trust
—
—
1055 Stewart Ave Realty LLC
—
Deed Of Trust
related
$28,400,000 · Manufacturers & Traders Tr
—
—
1055 Stewart Ave Realty LLC
—
Deed Of Trust
related
$26,400,000 · Manufacturers Traders & Trust
—
—
1055 Stewart Ave Realty LLC
—
Deed Of Trust
related
$3,000,000 · Bethpage Com'l LLC
—
—
1055 Stewart Ave Realty LLC
—
Loan Modification, Consolidation And Extension
related
$21,000,000 · Bethpage FCU
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1065 Stewart Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
