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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail space
143 Park Ave, Long Beach, NY 11561-3548
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-1115671
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
880 SF
Lot
0.05 ac (2,000 SF)
APN
59-109-00-0020
UPID
US63-1115671
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
-
DWG Management Company Property Management Company
-
Mag Pro & Financial Services Financial Advisor
-
Our Little Learning Environment Daycare Center
-
Dr. Jeffrey Diebold Physician Medical Clinic
-
Star Spa Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$710k
Owner & transaction history
143 E Park Avenue Working LLC · 9 yrs held
143 E Park Avenue Working LLC
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$770,000
+54.0%
Office building
$620,000
+23.8%
Auto repair, garage
$580,000
+15.3%
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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$500,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$620,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$580,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$445,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$807 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,908
Tax year 2023
Assessed value
$6,195
Assessed 2023
Previous assessed
$6,195
+0.0% YoY
Effective rate
353.64%
On assessed value
Assessed land
$630
Assessed improvement
$5,565
Total market value
$619,500
Applied tax rate
996.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
880 SF
Lot
0.05 ac (2,000 SF)
APN
59-109-00-0020
UPID
US63-1115671
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
OFFICE BUILDING
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$445,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
143 E Park Avenue Working LLC
Entity
Free & Clear · 9 yrs held
Mailing address
651 W PENN ST, LONG BEACH, NY 11561-2930
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
May 9, 2017
$670,000
143 E Park Avenue Working LLC
Fae Holdings 398438r LLC
Grant Deed
—
Dec 24, 2007
$750,000
Fae Holdings 398438r LLC
Richner,stuart & Clifford
Grant Deed
$600,000 · Metropolitan National Bank
Apr 4, 1990
$250,000
Clifford Richner
Unknown
Grant Deed
—
—
—
John A Smyth
—
Deed Of Trust
related
$315,000 · Citimortgage INC
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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