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Property profile & analytics
FOR LEASE
Office buildings
2 Corporate Dr, Central Valley, NY 10917
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-5847593
For Lease
1 / 28
$28 SF/Yr
2 Corporate Dr, Central Valley, NY 10917
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
576 SF
Lot
1.4 ac (60,984 SF)
Zoning code
LC
APN
335809 226-1-81.1
UPID
US63-5847593
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
-
Dynamic Therapy & Learning Physician
-
Rand Realty Real Estate Agency
-
Oshin Sharon MD Physician
-
Ramapo Valley Pediatrics Pediatrician Medical Clinic
-
Lambert Lori MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2 Corp Dr Estates LLC · 7 yrs held
2 Corp Dr Estates LLC
since 2019
6 recorded transactions
Zoning & alternative use
LC · Central Valley, 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 Central Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Valley 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
—
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 2021Property tax & assessments
Tax year 2021
Assessed value
$613,000
Assessed 2023
Previous assessed
$613,000
+0.0% YoY
Assessed land
$72,800
Assessed improvement
$540,200
Land market value
$248,470
Improvement market value
$1,843,730
Total market value
$2,092,200
Applied tax rate
334,001.0000
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
For Lease
Year built
1967
Heating
NONE
Total area
576 SF
Lot
1.4 ac (60,984 SF)
Zoning code
LC
APN
335809 226-1-81.1
UPID
US63-5847593
Jurisdiction
ORANGE
Zoning & alternative use
LC · Central Valley, NY
Zoning LC · permitted uses
LC · Central Valley, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
1.4 ac
Current owner
From public records · entity-resolved
2 Corp Dr Estates LLC
Entity
Free & Clear · 7 yrs held
Mailing address
9 MERON DR UNIT #303, MONROE, NY 10950-8439
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
2 Corporate Dr Estates
—
Deed
related
$2,075,000 · Orange B&t Co
Jan 9, 2019
$1,300,000
2 Corp Dr Estates LLC
2 Corp Drive Cv LLC
Grant Deed
—
Mar 12, 2018
$1,815,750
2 Corp Drive Cv LLC
Babad,chaim
Grant Deed
related
—
Mar 24, 2017
$1,000,000
Chaim Babad
Csl Properties III LLC
Grant Deed
—
Sep 10, 2008
$2,200,000
Csl Properties III LLC
Corporate Commons LLC
Grant Deed
—
Jul 31, 2006
$1,850,000
Corporate Commons LLC
Corporate Drive Bassman L
Warranty Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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