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Property profile & analytics
OFF-MARKET
Estimated value
$5,350,000
Distribution centers
150 Nassau Terminal Rd, New Hyde Park, NY 11040-4995
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-3810162
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,272 SF
Lot
0.72 ac (31,189 SF)
APN
33-00K-00-0005
UPID
US63-3810162
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
-
Factory Motor Parts Auto Parts Store
-
Boss Cabinetry General Contractor Renovation Specialist
-
ITI Industries Industrial Manufacturer Production Facility
-
Woodcore Cabinetry General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.47M
CAP Approach
CAP
$3.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.35M
Owner & transaction history
150 Nassau Terminal Realty LLC · 4 yrs held
150 Nassau Terminal Realty LLC
since 2022
Last sale
$5.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.7M
+30.7%
Commercial (general)
$8.6M
+28.7%
Industrial (general)
$8.0M
+19.9%
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 New Hyde Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hyde Park 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
$5,200,000
ML approach
$5,465,000
CAP Approach
CAP Return
Estimation
6%
$3,845,000
6.5%
$3,550,000
7%
$3,295,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,675,000
Current use
AUTO REPAIR, GARAGE
$8,720,000
Change: +31% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,595,000
Change: +29% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,005,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$5.35M
Range $4.82M – $5.89M · ±10% · vs last sale $5.37M (Jul 7 2022)
Last sale anchor
$5.37M
Jul 7 2022
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
$403 / 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
$99,096
Tax year 2023
Assessed value
$16,771
Assessed 2023
Previous assessed
$16,771
+0.0% YoY
Effective rate
590.88%
On assessed value
Assessed land
$7,020
Assessed improvement
$9,751
Total market value
$1,677,100
Applied tax rate
329.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
13,272 SF
Lot
0.72 ac (31,189 SF)
APN
33-00K-00-0005
UPID
US63-3810162
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
WAREHOUSE, STORAGE Current
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$8.6M
INDUSTRIAL (GENERAL)
Est. value
$8.0M
WAREHOUSE, STORAGE 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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
150 Nassau Terminal Realty LLC
Entity
Mailing address
55 PASSAIC AVE, KEARNY, NJ 07032-1103
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
$5,367,500
150 Nassau Terminal Realty LLC
N & B Realty Associates LLC
Deed
$8,300,000 · Oceanfirst Bank
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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