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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Manufacturing properties
1575 Smithtown Ave, Bohemia, NY 11716-2409
Individually Owned
10-yr Hold
Free & Clear
Property ID
US63-5757548
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
0.77 ac (33,541 SF)
Zoning code
IND1
APN
0500-172.00-01.00-044.003
UPID
US63-5757548
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
-
Sir Oliver Limousine Limousine Service Airport
-
VDH Precision Machining Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Town Of Islip · 10 yrs held
Town Of Islip
since 2015
6 recorded transactions
Zoning & alternative use
IND1 · Bohemia, NY
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 Bohemia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bohemia 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
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
—
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
$87,200
Assessed 2023
Previous assessed
$87,200
+0.0% YoY
Assessed land
$33,000
Assessed improvement
$54,200
Land market value
$453,297
Improvement market value
$744,505
Total market value
$1,197,802
Applied tax rate
472,807.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Lot
0.77 ac (33,541 SF)
Zoning code
IND1
APN
0500-172.00-01.00-044.003
UPID
US63-5757548
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
IND1 · Bohemia, NY
Zoning IND1 · permitted uses
IND1 · Bohemia, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bohemia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.77 ac
Current owner
From public records · entity-resolved
Town Of Islip
Individual
Free & Clear · 10 yrs held
Mailing address
1575 SMITHTOWN AVE, BOHEMIA, NY 11716-2409
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2015
—
Town Of Islip
339 82nd Street LLC
Grant Deed
related
—
Aug 3, 2015
$855,000
4 Boys Holding Corp
339 82nd Street LLC
Grant Deed
$770,000 · Bridgehampton Nat'l Bk
Feb 2, 2013
$612,000
3366 Park Associates LLC
Griffin Real Estate LLC
Deed In Lieu Of Foreclosure
—
Feb 2, 2013
$600,000
339 82nd Street LLC
Park Associates LLC
Grant Deed
—
Apr 10, 2008
$420,000
J & D Smithtown Rlty LLC
Arf Industries LLC
Trustees Deed
—
—
—
339 9nd St LLC
—
Deed Of Trust
related
$457,500 · Community National 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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