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Property profile & analytics
FOR LEASE
Investment properties
1920 Commerce St, Yorktown Heights, NY 10598
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-2898111
For Lease
1 / 2
$530,000
1920 Commerce St, Yorktown Heights, NY 10598
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1920
Total area
1,740 SF
Lot
0.93 ac (40,480 SF)
Zoning code
C-2R
APN
555400 37.14-2-58
UPID
US63-2898111
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
-
Luxe Medical Inc (Bike/Boat/Book/etc) Store Cosmetic Store
-
Cryo Body and Beauty Alternative Medicine Practice Spa & Massage Center
-
Nails By Pam Hair Salon Nail Salon
-
Lift Wax and Brow Bar Hair Salon
-
Loveli Esthetics Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$390k
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$530k
Owner & transaction history
1920 Commerce Street LLC · 7 yrs held
1920 Commerce Street LLC
since 2019
1 recorded transaction
Zoning & alternative use
C-2R · Yorktown Heights, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$870,000
+40.6%
Warehouse, storage
$630,000
+2.4%
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 Yorktown Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yorktown Heights 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%
$420,000
6.5%
$390,000
7%
$360,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$620,000
Current use
AUTO REPAIR, GARAGE
$870,000
Change: +41% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$305 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$44,600
Assessed 2023
Previous assessed
$44,600
+0.0% YoY
Assessed land
$17,950
Assessed improvement
$26,650
Land market value
$1,043,605
Improvement market value
$1,549,419
Total market value
$2,593,024
Applied tax rate
555,402.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1920
Heating
NONE
Buildings
1
Stories
2
Bathrooms
2
Total area
1,740 SF
Lot
0.93 ac (40,480 SF)
Zoning code
C-2R
APN
555400 37.14-2-58
UPID
US63-2898111
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C-2R · Yorktown Heights, NY
Zoning C-2R · permitted uses
C-2R · Yorktown Heights, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yorktown Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$630,000
OFFICE BUILDING
Est. value
$610,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1920
Heating
NONE
Stories
2
Buildings
1
Bathrooms
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
1920 Commerce Street LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1 NEW KING ST STE #201, WEST HARRISON, NY 10604-1210
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2019
$1,850,000
1920 Commerce Street LLC
Rnm Realty Corp
Grant Deed
—
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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