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Property profile & analytics
OFF-MARKET
Estimated value
$21,200,000
Residential income homes
168 Fulton St 190, Farmingdale, NY 11735-2565
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0711938
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2016
Construction
STONE
Total area
11,256 SF
Lot
2.06 ac (89,821 SF)
APN
48-443-00-0023
UPID
US63-0711938
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
$21.39M
Blend (final)
Blend
$21.20M
Owner & transaction history
168-190 Fulton St LLC · 11 yrs held
168-190 Fulton St LLC
since 2015
Last sale
$23.5M
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 Farmingdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmingdale 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
$26,935,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.20M
Range $19.08M – $23.32M · ±10% · vs last sale $23.50M (Dec 15 2020)
Last sale anchor
$23.50M
Dec 15 2020
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
$1,883 / 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
$333,393
Tax year 2023
Assessed value
$92,976
Assessed 2023
Previous assessed
$92,976
+0.0% YoY
Effective rate
358.58%
On assessed value
Assessed land
$17,964
Assessed improvement
$75,012
Total market value
$9,297,600
Applied tax rate
500.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2016
Construction
STONE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
3
Rooms
12
Bathrooms
3
Total area
11,256 SF
Lot
2.06 ac (89,821 SF)
APN
48-443-00-0023
UPID
US63-0711938
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
2016
Construction
STONE
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
3
Rooms
12
Bathrooms
3
Lot
2.06 ac
Current owner
From public records · entity-resolved
168-190 Fulton St LLC
Entity
Mailing address
538 BROADHOLLOW RD, MELVILLE, NY 11747-3676
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2018
—
168-190 Fulton Street LLC
—
Loan Modification, Consolidation And Extension
related
$15,000,000 · Maspeth Fed'l S&l
Dec 2, 2016
—
168-190 Fulton Street LLC
—
Trustees Deed
related
$3,265,995 · Flushing Bk
Feb 27, 2015
$825,000
168-190 Fulton St LLC
Porreca Eleanora
Grant Deed
—
—
—
168-190 Fulton Street LLC
—
Deed Of Trust
related
$1,400,000 · Joseph A Ferrara
—
—
168-190 Fulton Street LLC
—
Deed Of Trust
related
$1,400,000 · Joseph A Ferrara
—
—
168-190 Fulton Street LLC
—
Deed Of Trust
related
$4,234,005 · Flushing Bk
—
—
168-190 Fulton Street LLC
—
Deed Of Trust
related
$1,400,000 · Andrew Zucaro
—
—
168-190 Fulton Street LLC
—
Deed Of Trust
related
$7,545,000 · Maspeth Fed'l S&l
—
—
Fairfield Robinelle Gardens Ll
—
Deed Of Trust
related
$4,000,000 · 168-190 Fulton Street LLC
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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