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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Showrooms
1531 Straight Path Wyandanch, NY 11798-3414
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-5882406
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Total area
3,454 SF
Lot
0.17 ac (7,405 SF)
Zoning code
WC
APN
0100-058.00-04.00-006.000
UPID
US63-5882406
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
-
M & A Supermarket Specialty Food Shop Supermarket
-
ATM Atm
-
Ria Money Transfer Agent Bank Credit Union
-
Ria Money Transfer - M&A Supermarket NY INC Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$985k
Owner & transaction history
Straight Path Rlty Ny INC · 3 yrs held
Straight Path Rlty Ny INC
since 2023
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
WC · Wyandanch, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+58.5%
Auto repair, garage
$1.3M
+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 Wyandanch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wyandanch 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
$985,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$880,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,040,000
Current use
OFFICE BUILDING
$1,645,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,270,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $1.00M (Mar 9 2023)
Last sale anchor
$1.00M
Mar 9 2023
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
$285 / 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
$5,440
Assessed 2023
Previous assessed
$5,440
+0.0% YoY
Assessed land
$820
Assessed improvement
$4,620
Land market value
$1,242
Improvement market value
$7,000
Total market value
$8,242
Applied tax rate
472,009.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1970
Heating
NONE
Total area
3,454 SF
Lot
0.17 ac (7,405 SF)
Zoning code
WC
APN
0100-058.00-04.00-006.000
UPID
US63-5882406
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
WC · Wyandanch, NYZoning WC · permitted uses
WC · Wyandanch, NY
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
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1970
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Straight Path Rlty Ny INC
Entity
Mailing address
31 N EMERSON AVE, COPIAGUE, NY 11726-3730
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
$1,000,000
Straight Path Rlty Ny INC
1531 Straight Path R Corp
Deed
$840,000 · First Ic Bank
Mar 7, 2017
—
1531 Straight Path Realty Corp
Genao,porfirio D
Grant Deed
related
—
Apr 14, 2010
—
Porfirio D Genao
Genao,porfirio D
Quit Claim Deed
—
Jan 24, 2008
$245,000
P Genao
Ayoub,m
Grant Deed
—
—
—
Porfirio D Genao
—
Deed Of Trust
related
$300,000 · Jamamu Unidos Corp
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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