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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
16 Madison Ave, Spring Valley, NY 10977
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3946303
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Total area
4,098 SF
Lot
0.19 ac (8,200 SF)
Zoning code
GB
APN
392605 57.39-1-10
UPID
US63-3946303
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$520k
Owner & transaction history
North Main Ny LLC · 6 yrs held
North Main Ny LLC
since 2019
7 recorded transactions
Zoning & alternative use
GB · Spring Valley, 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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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
$410,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$127 / 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
Property tax & assessments
Assessed value
$68,000
Assessed 2023
Previous assessed
$68,000
+0.0% YoY
Assessed land
$20,000
Assessed improvement
$48,000
Land market value
$20,588
Improvement market value
$49,412
Total market value
$70,000
Applied tax rate
392,602.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
1
Stories
1
Total area
4,098 SF
Lot
0.19 ac (8,200 SF)
Zoning code
GB
APN
392605 57.39-1-10
UPID
US63-3946303
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
GB · Spring Valley, NY
Zoning GB · permitted uses
GB · Spring Valley, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
North Main Ny LLC
Entity
Mailing address
14 N MADISON AVE, SPRING VALLEY, NY 10977-4846
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2019
—
1 Perlman LLC
—
Loan Modification
related
$1,580,021 · Bankunited Fsb
Jul 10, 2019
—
North Main Ny LLC
Vista Properties LLC
Grant Deed
related
$219,979 · Bankunited Fsb
Apr 3, 2014
—
Vista Properties LLC
Metropolitan 47th LLC
Grant Deed
related
—
Feb 10, 2014
$1,920,000
Metropolitan 47th LLC
51 N Main Street LLC
Grant Deed
—
Mar 30, 2005
$1,650,000
51 N Main LLC
Garfunkel Harry Trust
Grant Deed
$1,600,000 · Provident Bank INC
—
—
1 Perlman LLC
—
Loan Modification
related
$10,000,000 · Signature Bk
—
—
51 N Main LLC
—
Deed Of Trust
related
$1,746,714 · Provident Bank INC
—
—
51 N Main LLC
—
Deed Of Trust
related
$53,285 · Provident Bank INC
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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