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Property profile & analytics
FOR LEASE
Investment properties
129 Main St Nanuet, NY 10954
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0113975
For Lease
1 / 2
$3,500/Mo
129 Main St, Nanuet, NY 10954
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Total area
5,668 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RS
APN
392089 63.8-3-13
UPID
US63-0113975
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
-
VIP SMOKE SHOP AND ORGANIC CORP (Bike/Boat/Book/etc) Store
-
Anthony Mega Contracting Corporation General Contractor
-
Ruby Bar & Tapas Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$615k
Owner & transaction history
Othon Management LLC · 13 yrs held
Othon Management LLC
since 2012
4 recorded transactions
Zoning & alternative use
RS · Nanuet, NY
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 Nanuet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nanuet 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
$455,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$109 / 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
Property tax & assessments
Assessed value
$208,500
Assessed 2023
Previous assessed
$208,500
+0.0% YoY
Assessed land
$25,600
Assessed improvement
$182,900
Land market value
$25,600
Improvement market value
$182,900
Total market value
$208,500
Applied tax rate
392,008.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1960
Heating
NONE
Stories
2
Total area
5,668 SF
Lot
0.09 ac (3,920 SF)
Zoning code
RS
APN
392089 63.8-3-13
UPID
US63-0113975
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
RS · Nanuet, NY
Zoning RS · permitted uses
RS · Nanuet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nanuet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Othon Management LLC
Entity
Free & Clear · 13 yrs held
Mailing address
369 PHILLIPS HL RD, NEW CITY, NY 10956-2014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Feb 7, 2017
—
129 Main Street Nanuet Corp
—
Deed
related
$500,000 · Capital One Bank NA
Sep 13, 2012
$470,000
Othon Management LLC
129 Main Street Realty LLC
Grant Deed
—
Dec 21, 2005
$690,000
129 Main Street Realty LLC
Sutherland,william
Grant Deed
$590,000 · William Sutherland
—
—
Othon Management LLC
—
Deed Of Trust
related
$397,046 · William Sutherland
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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