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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Office buildings
167 Willis Ave, Mineola, NY 11501-2621
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-0109985
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1939
Total area
2,200 SF
Lot
0.22 ac (9,734 SF)
APN
09-411-00-0664
UPID
US63-0109985
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
-
Paul Keenan Law Office Law Firm
-
Law Offices of Michael A. Haskel Law Firm
-
Glen Cacchioli Law Office Law Firm
-
Jesus Baptist New York Church Church
-
Inter-City Testing & Conslntng Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.16M
Owner & transaction history
New York Jesus Baptist Church · 3 yrs held
New York Jesus Baptist Church
since 2022
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+29.3%
Neighborhood: shopping center
$1.9M
+9.4%
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 Mineola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mineola 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
$2,290,000
ML approach
$2,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,765,000
Current use
COMMERCIAL (GENERAL)
$2,280,000
Change: +29% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,930,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$1,620,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,445,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10% · vs last sale $2.10M (Jul 22 2022)
Last sale anchor
$2.10M
Jul 22 2022
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
$980 / 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
$43,119
Tax year 2023
Assessed value
$7,370
Assessed 2023
Previous assessed
$8,096
-9.0% YoY
Effective rate
585.06%
On assessed value
Assessed land
$2,791
Assessed improvement
$4,579
Total market value
$737,000
Applied tax rate
702.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1939
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
2,200 SF
Lot
0.22 ac (9,734 SF)
APN
09-411-00-0664
UPID
US63-0109985
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1939
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
New York Jesus Baptist Church
Entity
Mailing address
167 WILLIS AVE, MINEOLA, NY 11501-2621
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
$2,100,000
New York Jesus Baptist Church
Swk Realty LLC
Bargain And Sale Deed
$1,350,000 · Noah Bank
Jul 15, 2004
$1,100,000
Swk Realty LLC
Carmel Ltd
Grant Deed
$825,000 · Independence Community Bank
—
—
Carmal Ltd
—
Deed Of Trust
related
$426,666 · Fleet Bank
—
—
Swk Realty LLC
—
Deed Of Trust
related
$58,049 · Santander Bk NA
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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