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Property profile & analytics
OFF-MARKET
Estimated value
$5,800,000
Manufacturing properties
12 Hbr Park Dr, Port Washington, NY 11050-4649
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-0255634
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,200 SF
Lot
12.55 ac (546,722 SF)
APN
06-058-00-0103
UPID
US63-0255634
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
-
Kraus USA Industrial Manufacturer Production Facility
-
Luxottica Group Industrial Manufacturer Production Facility
-
Cintas Uniform Services (Bike/Boat/Book/etc) Store
-
Cintas Facility Services Big Box & Wholesale Store Building Supply
-
North East Equity Management LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
4 Bs Realty V Harbor Pk Drive · 7 yrs held
4 Bs Realty V Harbor Pk Drive
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+47.2%
Neighborhood: shopping center
$9.0M
+45.4%
Office building
$7.2M
+17.0%
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 Port Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Washington 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
INDUSTRIAL (GENERAL)
$6,155,000
Current use
RESTAURANT
$9,055,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,950,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$7,195,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,705,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,605,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$5,810,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$5.80M
Range $5.22M – $6.38M · ±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
$569 / 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
$373,617
Tax year 2023
Assessed value
$94,390
Assessed 2023
Previous assessed
$113,415
-16.8% YoY
Effective rate
395.82%
On assessed value
Assessed land
$36,401
Assessed improvement
$57,989
Total market value
$9,439,000
Applied tax rate
750.0000
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
10,200 SF
Lot
12.55 ac (546,722 SF)
APN
06-058-00-0103
UPID
US63-0255634
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
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
RESTAURANT
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.0M
OFFICE BUILDING
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.6M
RETAIL STORES
Est. value
$5.8M
INDUSTRIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
12.55 ac
Current owner
From public records · entity-resolved
4 Bs Realty V Harbor Pk Drive
Entity
Mailing address
26 HBR PARK DR, PORT WASHINGTON, NY 11050-4602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Oct 19, 2018
—
4 Bs Realty V Harbor Pk Drive
—
Loan Modification, Consolidation And Extension
related
$22,900,000 · Investors Bk
—
—
Realty V Harbor Park Dr L 4 Bs
—
Deed Of Trust
related
$13,200,000 · Hsbc Bank USA
—
—
Bs Realty V Harbor Park Driv Bs
—
Deed Of Trust
related
$8,875,000 · Hsbc Bank USA
—
—
4bs Realty V Harbor Park Driv
—
Deed Of Trust
related
$11,913,140 · Signature Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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