New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,965,000
Distribution centers
1660 Old Country Rd Plainview, NY 11803-5013
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0047173
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1977
Construction
FRAME
Total area
39,632 SF
Lot
4.8 ac (209,001 SF)
APN
13-089-00-0063
UPID
US63-0047173
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
-
Coliseum Kitchen & Caterers Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.97M
Owner & transaction history
Plainview Properties INC · 22 yrs held
Plainview Properties INC
since 2004
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
$176 / 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
$257,762
Tax year 2023
Assessed value
$31,448
Assessed 2023
Previous assessed
$31,448
+0.0% YoY
Effective rate
819.65%
On assessed value
Assessed land
$23,513
Assessed improvement
$7,935
Total market value
$3,144,800
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1977
Construction
FRAME
Heating
FORCED AIR
Stories
1
Total area
39,632 SF
Lot
4.8 ac (209,001 SF)
APN
13-089-00-0063
UPID
US63-0047173
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
1977
Construction
FRAME
Heating
FORCED AIR
Stories
1
Lot
4.8 ac
Current owner
From public records · entity-resolved
Plainview Properties INC
Entity
Mailing address
700 HICKSVILLE RD, BETHPAGE, NY 11714-3471
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Jun 19, 2020
—
Plainview Steel LLC
—
Deed
related
$34,200,000 · Miscellaneous Ins Co
Sep 21, 2017
—
Plainview Steel LLC
—
Grant Deed
related
$16,275,000 · New York Cmnty Bk
Sep 9, 2016
—
Plainview Steel LLC
—
Deed
related
$2,088,709 · New York Cmnty Bk
Mar 25, 2004
$1,642,500
Plainview Properties INC
Rosmarin,jefry
Grant Deed
—
Mar 25, 2004
—
Jefry Rosmarin
Rosmarin,jefry
Quit Claim Deed
related
—
—
—
Plainview Steel LLC
—
Loan Modification, Consolidation And Extension
related
$34,200,000 · Miscellaneous Ins Co
—
—
Plainview Steel LLC
—
Deed Of Trust
related
$230,424 · Miscellaneous Ins Co
—
—
Plainview Steel LLC
—
Deed Of Trust
related
$2,088,709 · New York Cmnty Bk
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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