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Property profile & analytics
OFF-MARKET
Distribution centers
115 Broadway, Freeport, NY 11520-2822
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-1084535
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,826 SF
Lot
0.09 ac (3,993 SF)
APN
55-231-00-0002
UPID
US63-1084535
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
-
Manuel & Sandro Barber Shop Barber Shop
-
M.G. AUTO Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Salrenzo Consulting LLC · 2 yrs held
Salrenzo Consulting LLC
since 2024
Last sale
$400,000
7 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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,730
Tax year 2023
Assessed value
$1,255
Assessed 2023
Previous assessed
$1,255
+0.0% YoY
Effective rate
376.89%
On assessed value
Assessed land
$799
Assessed improvement
$456
Total market value
$125,500
Applied tax rate
7.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
1,826 SF
Lot
0.09 ac (3,993 SF)
APN
55-231-00-0002
UPID
US63-1084535
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
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Salrenzo Consulting LLC
Entity
Mailing address
129 BIRCH HL RD, LOCUST VALLEY, NY 11560-1841
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2024
$400,000
Salrenzo Consulting LLC
K & K Freeport Corp
Bargain And Sale Deed
$260,000 · Vis Capital Venture LLC
Jun 7, 2022
$1,825,000
Dc Worldwide Limited
Rxr Garvies P1 Building B Owner LLC
Deed
—
Apr 14, 2022
$415,000
K & K Freeport Corp
Riddle Holdings LLC
Bargain And Sale Deed
—
May 2, 2019
—
Riddle Hldgs LLC
—
Deed
related
$150,000 · Prime Com'l Lndg LLC
Dec 8, 2017
—
Riddle Holdings LLC
Riddle,kerrianne & Ryan
Quit Claim Deed
related
—
Jun 14, 2013
—
Ryan Riddle
Riddle,alfred & Peter
Quit Claim Deed
related
—
—
—
Riddle Hldgs LLC
—
Deed Of Trust
related
$150,000 · Prime Com'l Lndg LLC
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
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