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Property profile & analytics
OFF-MARKET
Estimated value
$3,985,000
High-rise multifamily apartments
160 Guy Lombardo Ave Freeport, NY 11520-4459
Entity Owned
13-yr Hold
Free & Clear
Property ID
US63-5664882
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,242 SF
Lot
0.68 ac (29,751 SF)
APN
62-109-00-0009
UPID
US63-5664882
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.99M
Owner & transaction history
Three Coins I LLC · 13 yrs held
Three Coins I LLC
since 2013
6 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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
$550 / 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
$95,938
Tax year 2023
Assessed value
$28,550
Assessed 2023
Previous assessed
$28,550
+0.0% YoY
Effective rate
336.04%
On assessed value
Assessed land
$5,476
Assessed improvement
$23,074
Total market value
$2,855,000
Applied tax rate
7.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
4
Units
44
Total area
7,242 SF
Lot
0.68 ac (29,751 SF)
APN
62-109-00-0009
UPID
US63-5664882
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
4
Units
44
Lot
0.68 ac
Current owner
From public records · entity-resolved
Three Coins I LLC
Entity
Free & Clear · 13 yrs held
Mailing address
29 W MAIN ST, OYSTER BAY, NY 11771-2261
Ownership since
2013
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
Jul 5, 2013
$4,007,143
Three Coins I LLC
Qpii-160 Guy Lombardo Ave LLC
Grant Deed
—
Apr 22, 2011
—
Qp II 41-45 52 Street LLC
—
Deed Of Trust
related
$10,000,000 · Prudential Ind'l Props LLC
Mar 20, 2008
—
Qpii-160 Guy Lombardo Ave LLC
—
Trustees Deed
related
$1,171,848 · Prudential Insurance Co
Feb 15, 2008
$8,000,000
Guy Lombardo Avenue L Qpii-160
Jc Buyers LLC
Grant Deed
—
Feb 3, 1995
$1,162,500
Jc Buyers Corp
Triangle,associa
Grant Deed
$301,000
—
—
Three Coins 1 LLC
—
Loan Modification
related
$265,444 · Signature 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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