New search
Property profile & analytics
OFF-MARKET
Estimated value
$18,075,000
Warehouses
135 Spagnoli Rd, Melville, NY 11747-3521
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-4324962
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
8.26 ac (359,806 SF)
Zoning code
I2
APN
0400-266.00-01.00-008.003
UPID
US63-4324962
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
-
3OVO Logistics Logistics Company Freight Service
-
International Warehouse Group Warehouse & Storage
-
Zapatos barratos Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.08M
Owner & transaction history
Oe 135 Spagnoli Road LLC · 3 yrs held
Oe 135 Spagnoli Road LLC
since 2022
Last sale
$18.7M
7 recorded transactions
Zoning & alternative use
I2 · Melville, 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 Melville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Melville 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
$16,930,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.08M
Range $16.27M – $19.88M · ±10% · vs last sale $18.65M (Sep 3 2021)
Last sale anchor
$18.65M
Sep 3 2021
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
—
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 2020Property tax & assessments
Tax year 2020
Assessed value
$75,000
Assessed 2023
Previous assessed
$75,000
+0.0% YoY
Assessed land
$24,900
Assessed improvement
$50,100
Land market value
$45,273
Improvement market value
$91,091
Total market value
$136,364
Applied tax rate
472,605.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
8.26 ac (359,806 SF)
Zoning code
I2
APN
0400-266.00-01.00-008.003
UPID
US63-4324962
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
I2 · Melville, NY
Zoning I2 · permitted uses
I2 · Melville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Melville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
8.26 ac
Current owner
From public records · entity-resolved
Oe 135 Spagnoli Road LLC
Entity
Mailing address
135 SPAGNOLI RD, MELVILLE, NY 11747-3521
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2022
$35,150,000
Oe 135 Spagnoli Road LLC
Prnk 1 LLC
Deed
—
Sep 3, 2021
—
Prnk1 LLC
Supriya LLC
Deed
$14,920,000 · Lakeland Bank
Dec 9, 2019
—
Supriya LLC
—
Deed
related
$2,178,916 · Bnb Bank NA
May 9, 2017
—
Supriya LLC
—
Deed
related
$2,500,000 · Steven Cestaro
Nov 16, 2016
—
Supriya LLC
—
Deed
related
$1,500,000 · Steven Cestaro
Sep 29, 2015
$11,400,000
Supriya LLC
135 Spagnoli Realty LLC
Grant Deed
$3,319,000 · Private Individual
Feb 19, 2015
—
135 Spagnoli Realty LLC
N Racanelli Associates
Grant Deed
related
—
—
—
135 Spagnoli Realty LLC
—
Deed Of Trust
related
$146,053 · Bridgehampton Nat'l Bk
—
—
Supriya LLC
—
Loan Modification, Consolidation And Extension
related
$5,750,000 · Hsbc
—
—
Supriya LLC
—
Deed Of Trust
related
$2,178,916 · Bnb Bank NA
—
—
Supriya LLC
—
Deed Of Trust
related
$1,500,000 · Steven Cestaro
—
—
Supriya LLC
—
Deed Of Trust
related
$2,500,000 · Steven Cestaro
—
—
Supriya LLC
—
Loan Modification, Consolidation And Extension
related
$10,000,000 · Bnb Bank NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 135 Spagnoli Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
