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    Property profile & analytics

    1198-1200 Broadway Hewlett, NY 11557

    • Retail space
    • 2,810 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 18, 2024
    Location Intelligence
    Property ID
    US63-3070802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1198-1200 Broadway

    Year built
    1903
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    2,810 SF
    Property type
    Retail space
    APN
    39-121-00-0302
    APU
    39121000302

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hewlett
    County
    Nassau
    State
    New York
    Longitude
    -73.7031
    Latitude
    40.6366
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,912
    $1,362
    $3,924
    $5,286
    -
    $0.00
    $0.00
    $528,600

    Comparable in this City

    • Value Estimation by Request
      6,185 SF

      1296 Broadway

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    • Value Estimation by Request
      3,364 SF

      1245 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 3,364 SF
      1245 Broadway, Hewlett, NY 11557-2015
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    • Value Estimation by Request
      4,900 SF

      1191 Broadway, Unit 99

      RETAIL STORES (PERSONAL SERVICES) • 4,900 SF
      1191 Broadway, Hewlett, NY 11557-2323
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    • Value Estimation by Request
      1,054 SF

      15 Prospect Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,054 SF
      15 Prospect Ave, Hewlett, NY 11557-1631
      View Details
    • Value Estimation
      $685,000
      882 SF

      1263-1267 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 882 SF
      1263-1267 Broadway, Hewlett, NY 11557
      View Details
    • Value Estimation by Request
      0.60 Acres

      1300 Peninsula Blvd, Unit 1368

      RETAIL STORES (PERSONAL SERVICES) • 0.60 Acres
      1300 Peninsula Blvd, Hewlett, NY 11557-1226
      View Details

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    Similar Nearby for Lease

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      Retail space available in a busy neighborhood shopping center.
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      Office Space with Planned Improvements

      Office space for rent with prominent signage and planned upgrades.
      1315 Peninsula Blvd, Hewlett, NY 11557
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    • $3,000 /Mo

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      Hewlett Office Space For Rent

      Office spaces available for rent in Hewlett, NY.
      1553 Broadway, Hewlett, NY 11557
      View Details
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    1198-1200 Broadway
    Hewlett, NY 11557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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