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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Investment properties
143 Main St Smithtown, NY 11787-2866
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-3018535
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1949
Total area
6,822 SF
Lot
1.4 ac (60,984 SF)
Zoning code
DC-3
APN
0600-127.00-07.00-020.001
UPID
US63-3018535
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
-
Browdotcom Hair Salon Nail Salon
-
Architectural Kahnceptions PLLC Architect
-
Kristin’s nail (inside Joanne’s Hair studio) Nail Salon
-
Kristin’s nails ( Inside Joanne’s Hair Studio) Nail Salon
-
Nino's Hair Designers & Hair Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.69M
Owner & transaction history
721 East Main Realty LLC · 9 yrs held
721 East Main Realty LLC
since 2017
4 recorded transactions
Zoning & alternative use
DC-3 · Smithtown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+22.3%
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 Smithtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithtown 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%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,050,000
Current use
AUTO REPAIR, GARAGE
$2,510,000
Change: +22% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,645,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$247 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$296,000
Assessed 2023
Previous assessed
$296,000
+0.0% YoY
Assessed land
$30,600
Assessed improvement
$265,400
Land market value
$329,386
Improvement market value
$2,856,835
Total market value
$3,186,221
Applied tax rate
473,002.0000
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
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1949
Heating
STEAM
Buildings
2
Stories
1
Bathrooms
2
Total area
6,822 SF
Lot
1.4 ac (60,984 SF)
Zoning code
DC-3
APN
0600-127.00-07.00-020.001
UPID
US63-3018535
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
DC-3 · Smithtown, NY
Zoning DC-3 · permitted uses
DC-3 · Smithtown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smithtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1949
Heating
STEAM
Stories
1
Buildings
2
Bathrooms
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
721 East Main Realty LLC
Entity
Free & Clear · 9 yrs held
Mailing address
143 E MAIN ST, SMITHTOWN, NY 11787-2866
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Mar 16, 2017
—
721 East Main Realty LLC
Pina Construction Corp
Warranty Deed
related
—
Apr 11, 2007
—
Pina Construction Corp
721 E Main St Corp
Grant Deed
related
—
—
—
Pina Construction Corp
—
Deed Of Trust
related
$1,000,000 · Signature Bk
—
—
721 East Main Realty LLC
—
Loan Modification, Consolidation And Extension
related
$900,000 · Signature Bk
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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