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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Manufacturing properties
1538 Old Country Rd, Plainview, NY 11803-5078
Entity Owned
~
Est. High Equity
Property ID
US63-0086354
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
FRAME
Total area
13,770 SF
Lot
1 ac (43,560 SF)
APN
13-089-00-0051
UPID
US63-0086354
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
-
NYTENTSALE Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Edgewater Apartments Hostel
-
Island Home Distribution Corporation Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
1538 Old Country Road Realty LLC
1538 Old Country Road Realty LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Plainview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainview 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$143 / 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
$125,910
Tax year 2023
Assessed value
$15,045
Assessed 2023
Previous assessed
$15,045
+0.0% YoY
Effective rate
836.89%
On assessed value
Assessed land
$9,801
Assessed improvement
$5,244
Total market value
$1,504,500
Applied tax rate
579.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
13,770 SF
Lot
1 ac (43,560 SF)
APN
13-089-00-0051
UPID
US63-0086354
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
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
1538 Old Country Road Realty LLC
Entity
Mailing address
8 HEADLEY WAY, WOODBURY, NY 11797-2703
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
$5,200,000
1538 Old Country Road Realty LLC
Royal Blue Property 15 LLC
Bargain & Sale Deed
$2,600,000 · Bankunited NA
Jun 17, 2024
—
Giapreet LLC
—
Deed
related
$13,000,000 · Newtek Business Services Holdco 6 INC
Mar 17, 2023
—
Hanover Community Bank
—
Deed
related
$5,000,000 · Royal Blue Property 15 LLC
Sep 17, 2019
$3,750,000
Royal Blue Property 15 LLC
Central View Property LLC
Bargain And Sale Deed
—
Nov 15, 2016
$2,425,000
Central View Property LLC
Ishpreet INC
Grant Deed
$910,000 · Alexander N Casella
Aug 31, 2007
$2,500,000
Ishpreet INC
Robert Costine
Deed
—
Oct 7, 1994
$495,000
R Costine
Roshare,enterpri
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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