Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    126 Spruce St Cedarhurst, NY 11516-1915

    • Individual retail properties
    • 4,285 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $3,335,000
    Last Sale
    Jun 11, 2020
    $3,000,000
    Location Intelligence
    Property ID
    US63-3772407
    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

    • 5 BORO PHYSICAL THERAPY / Physical Therapist
    • Jason Bernstein, PT / Physical Therapist
    • Bernath & Rosenberg, P.C. / Financial Planner / Tax Preparation

    Property Details for 126 Spruce St

    Year built
    1984
    Lot size
    0.12 lot acres
    Property size
    4,285 SF
    Property type
    Individual retail properties
    APN
    39-263-00-0315
    APU
    39263000315

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,865,000
      6.5%
      $3,220,000
      7%
      $3,185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,810,000
      Geo Method
      $2,640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,485,000
      Retail
      $2,740,000
      Mixed-Use
      $3,375,000
      Hospitality
      $2,735,000
      Educational
      $3,685,000
      Residential Income
      $3,360,000
      Energy
      $3,145,000
      Income-Based Land
      $3,685,000
      Food Service
      $2,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedarhurst
    County
    Nassau
    State
    New York
    Longitude
    -73.7256
    Latitude
    40.6216
    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
    $57,271
    $1,403
    $21,241
    $22,644
    -
    $0.00
    $0.00
    $2,264,400

    Comparable in this City

    • Value Estimation by Request
      928 SF

      403 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 928 SF
      403 Central Ave, Cedarhurst, NY 11516-1919
      View Details
    • Value Estimation by Request
      928 SF

      415 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 928 SF
      415 Central Ave, Cedarhurst, NY 11516-1930
      View Details
    • Value Estimation by Request
      8,850 SF

      458 Central Ave, Unit 464

      RETAIL STORES (PERSONAL SERVICES) • 8,850 SF
      458 Central Ave, Cedarhurst, NY 11516-1907
      View Details
    • Value Estimation by Request
      8,890 SF

      77 Columbia Ave, Unit 87

      RETAIL STORES (PERSONAL SERVICES) • 8,890 SF
      77 Columbia Ave, Cedarhurst, NY 11516-2011
      View Details
    • Value Estimation by Request
      10,216 SF

      348 Rockaway Tpke

      RETAIL STORES (PERSONAL SERVICES) • 10,216 SF
      348 Rockaway Tpke, Cedarhurst, NY 11516
      View Details
    • Value Estimation
      $1,370,000
      400 SF

      137 Cedarhurst Ave

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      137 Cedarhurst Ave, Cedarhurst, NY 11516-2131
      View Details

    Similar Nearby for Sale

    • $2,775,000
      7,340 SF

      Cedarhurst Mixed-Use Investment Opportunity

      Prime location, 4 storefronts, 2 apartments.
      535 Chestnut St, Cedarhurst, NY 11516
      View Details
    • $399,000

      Cedarhurst Co-op with Hardwood Floors

      Spacious 2-bedroom, 2-bath co-op near Cedarhurst Park.
      272 Cedarhurst Ave, Cedarhurst, NY 11516
      View Details
    • $750,000

      Updated Two Bedroom Apartment

      Spacious two-bedroom apartment with modern amenities and park views.
      463 Summit Ave, Cedarhurst, NY 11516
      View Details
    • $750,000
      Pending

      Cedarhurst Duplex with Finished Basement

      Two-family home in Cedarhurst with a finished basement and new roof.
      492 Court Ave, Cedarhurst, NY 11516
      View Details
    • $399,000

      Renovated Apartment Near Cedarhurst Park

      Completely renovated 2BR, 1BA apartment near amenities.
      279 Cedarhurst Ave, Cedarhurst, NY 11516
      View Details
    • $2,298,888
      8,000 SF

      Cedarhurst Mixed-Use Investment

      8,000 SF, 9-Bedroom Multi-Family
      569 Peninsula Blvd, Cedarhurst, NY 11516
      View Details

    Similar Nearby for Lease

    • $4,700 /Mo

      Retail Space on Central Avenue

      Prime retail space available for lease on Central Avenue.
      588 Central Ave, Cedarhurst, NY 11516
      View Details
    • Contact for pricing
      5,000 SF

      Visible Retail Space on Rockaway

      High-visibility retail space on Rockaway Turnpike, Nassau County.
      348 Rockaway Tpke, Cedarhurst, NY 11516
      View Details
    • $1,100 /Mo
      110 SF

      Luxurious Private Offices For Rent

      Private offices with utilities and high-speed internet included.
      91 Carman Ave, Cedarhurst, NY 11516
      View Details
    • Contact for pricing

      Cedarhurst, NY 11516

      Desk for Rent - $500/month
      Cedarhurst, NY 11516
      View Details
    • Contact for pricing
      2,500 SF

      Storage Space in Nassau County

      Secure storage space with elevator access and climate control.
      222 Rockaway Tpke, Cedarhurst, NY 11516
      View Details
    • $3,600 /Mo
      2,583 SF

      Cedarhurst Office Space For Rent

      Newly renovated office space in Cedarhurst's commercial district.
      70 Carman Ave, Cedarhurst, NY 11516
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    126 Spruce St
    Cedarhurst, NY 11516-1915
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.