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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Specialty properties
1480 Frst Ave, Staten Island, NY 10302-2209
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-0737913
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1955
Total area
7,044 SF
Lot
0.55 ac (23,910 SF)
Zoning code
C4-1
APN
00391-0250
UPID
US63-0737913
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
-
Chase Mortgage Loan Service Bank
-
Chase Bank Bank Loan Service
-
Tracy Liu - Chase Home Lending Advisor - NMLS ID 1183075 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$515k
Owner & transaction history
Morgan Chase Bak NA Jp · 14 yrs held
Morgan Chase Bak NA Jp
since 2011
4 recorded transactions
Zoning & alternative use
C4-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+3.9%
Commercial (general)
$770,000
+0.6%
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 Staten Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staten Island 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$765,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$635,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$73 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$116,542
Tax year 2024
Assessed value
$1,100,280
Assessed 2024
Previous assessed
$1,095,240
+0.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$215,100
Assessed improvement
$885,180
Land market value
$478,000
Improvement market value
$2,213,000
Total market value
$2,691,000
Applied tax rate
4.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1955
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,044 SF
Lot
0.55 ac (23,910 SF)
Zoning code
C4-1
APN
00391-0250
UPID
US63-0737913
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-1 · Staten Island, NY
Zoning C4-1 · permitted uses
C4-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$770,000
INDUSTRIAL (GENERAL)
Est. value
$635,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1955
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Morgan Chase Bak NA Jp
Individual
Mailing address
405 LEXINGTON AVE LBBY #1, NEW YORK, NY 10174-0002
Ownership since
2011
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
Oct 19, 2011
$5,250,000
Morgan Chase Bak NA Jp
Gb Forest LLC
Grant Deed
—
Oct 2, 2008
—
Gb Forest LLC
—
Deed Of Trust
related
$1,055,317 · Signature Bank
Mar 29, 2001
—
Gb Forest LLC
Forest Debt LLC
Quit Claim Deed
related
$722,000 · Dime Savings Bank Williamsburg
Jan 31, 2000
—
Forest Debt LLC
Rosen,leonard
Trustees Deed
related
—
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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