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Property profile & analytics
OFF-MARKET
Estimated value
$7,090,000
Office buildings
17 Main St, Airmont, NY 10952-3707
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3221956
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Total area
18,795 SF
Lot
0.76 ac (33,106 SF)
Zoning code
05 - COMMERCIAL
APN
392689 56.15-2-8
UPID
US63-3221956
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
$8.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.09M
Owner & transaction history
Main Building 1 LLC · 10 yrs held
Main Building 1 LLC
since 2015
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Airmont, 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 Airmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Airmont 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
by Request
CAP Approach
CAP Return
Estimation
6%
$9,530,000
6.5%
$8,795,000
7%
$8,170,000
Blend value · Realmo final
$7.09M
Range $6.38M – $7.80M · ±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
$377 / 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
$517,200
Assessed 2023
Previous assessed
$517,200
+0.0% YoY
Assessed land
$79,800
Assessed improvement
$437,400
Land market value
$8,255
Improvement market value
$45,245
Total market value
$53,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2017
Heating
STEAM
Buildings
1
Stories
3
Bathrooms
3
Total area
18,795 SF
Lot
0.76 ac (33,106 SF)
Zoning code
05 - COMMERCIAL
APN
392689 56.15-2-8
UPID
US63-3221956
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
05 - COMMERCIAL · Airmont, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Airmont, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Airmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
STEAM
Stories
3
Buildings
1
Bathrooms
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Main Building 1 LLC
Entity
Mailing address
199 LEE AVE #962, BROOKLYN, NY 11211-8919
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
Jun 11, 2018
—
Main Building 1 LLC
—
Loan Modification
related
$6,000,000 · Signature Bk
Nov 29, 2017
—
Main Building 1 LLC
—
Loan Modification
related
$3,250,000 · Northeast Cmnty Bk
Sep 18, 2017
—
Main Building 1 LLC
—
Loan Modification
related
$3,250,000 · Northeast Cmnty Bk
Dec 9, 2015
—
Main Building 1 LLC
—
Deed Of Trust
related
$3,250,000 · Northeast Cmnty Bk
Oct 14, 2015
—
Main Building 1 LLC
—
Deed Of Trust
related
$3,250,000 · Northeast Cmnty Bk
Aug 21, 2015
$1,380,000
Main Building 1 LLC
Two Ten Main St Realty Corp
Grant Deed
related
—
—
—
Main Building LLC
—
Deed Of Trust
related
$575,000 · Northeast Cmnty Bk
—
—
Main Building 1 LLC
—
Loan Modification
related
$575,000 · Northeast Cmnty Bk
—
—
Main Building 1 LLC
—
Loan Modification
related
$575,000 · Northeast 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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