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Financial
Distress signals
Property profile

15 Ives Rd Hewlett, NY 11557

FOR LEASE
Other commercial real estate
Property ID
US63-2860396
1,404 SF 0.23 ac lot Built 1923
Last sale Jul 1998 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a first-floor office unit within a building constructed in 1923, located at 15 Ives Road in Hewlett, New York. The interior is arranged around a large open work area with substantial natural light from multiple windows, and includes a private bathroom, central air conditioning and heat, a fireplace, and a rear exit that leads to a backyard. The unit has had recent improvements, including fresh paint and updated window treatments. The building provides private parking and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$3k
Assessed land$3k
Effective rate711.60%

Value estimate

· Oct 2026
$630k
$567k – $693k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$647/SF
County average, outlier-cleaned · 604 recorded sales of this use type
Observed band · Q1–Q3$302 – $1,068
Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.0
Restaurant21.3
Realty agency21.2

Location

15 Ives Rd Hewlett, NY 11557
County assessor Recorded deeds · 1 transfer 19 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1245 Colonial, Hewlett, NY 11557-2006 $1,346,400 Jun 2025 1,152 SF
1265 Hewlett, Hewlett, NY 11557-2009 $700,000 Nov 2024 861 SF
1226 Broadway, Hewlett, NY 11557-1923 $2,600,000 Apr 2024 560 SF
1234 Broadway, Hewlett, NY 11557-1929 $2,600,000 Apr 2024 480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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