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    Property profile & analytics

    140-144 Spruce St Cedarhurst, NY 11516

    • Investment properties
    • 5,411 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,750,000
    Last Sale
    Sep 15, 2021
    $1,660,000
    Location Intelligence
    Property ID
    US63-0222649
    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

    • Investment properties

    Property Details for 140-144 Spruce St

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    5,411 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    39-263-00-0112
    APU
    39263000112

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,530,000
      6.5%
      $1,540,000
      7%
      $1,730,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,575,000
      Geo Method
      $1,870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,905,000
      Retail
      $2,075,000
      Mixed-Use
      $1,510,000
      Hospitality
      $1,855,000
      Educational
      $1,515,000
      Residential Income
      $1,595,000
      Energy
      $1,825,000
      Income-Based Land
      $2,045,000
      Food Service
      $1,910,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedarhurst
    County
    Nassau
    State
    New York
    Longitude
    -73.726
    Latitude
    40.6218
    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
    $29,957
    $1,743
    $8,125
    $9,868
    -
    $0.00
    $0.00
    $986,800

    Comparable in this City

    • Value Estimation by Request
      1,750 SF

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    • Value Estimation by Request
      6,720 SF

      552 Central Ave, Unit 558

      STORE/OFFICE (MIXED USE) • 6,720 SF
      552 Central Ave, Cedarhurst, NY 11516-2127
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    • Value Estimation by Request
      7,212 SF

      487 Chestnut St, Unit 494

      STORE/OFFICE (MIXED USE) • 7,212 SF
      487 Chestnut St, Cedarhurst, NY 11516-2019
      View Details
    • Value Estimation
      $1,000,000
      2,404 SF

      424 Rockaway Tpke

      STORE/OFFICE (MIXED USE) • 2,404 SF
      424 Rockaway Tpke, Cedarhurst, NY 11516-1141
      View Details
    • Value Estimation by Request
      7,428 SF

      565 Willow Ave

      STORE/OFFICE (MIXED USE) • 7,428 SF
      565 Willow Ave, Cedarhurst, NY 11516-2218
      View Details
    • Value Estimation by Request
      2,300 SF

      Rockaway Tpke

      STORE/OFFICE (MIXED USE) • 2,300 SF
      Rockaway Tpke, Cedarhurst, NY 11516
      View Details

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    Similar Nearby for Lease

    • $1,100 /Mo
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      Luxurious Private Offices For Rent

      Private offices with utilities and high-speed internet included.
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      View Details
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      Retail Space on Central Avenue

      Prime retail space available for lease on Central Avenue.
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      View Details
    • Contact for pricing
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      Visible Retail Space on Rockaway

      High-visibility retail space on Rockaway Turnpike, Nassau County.
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      Storage Space in Nassau County

      Secure storage space with elevator access and climate control.
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    • $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
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    Cedarhurst, NY 11516
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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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