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Property profile & analytics
OFF-MARKET
Estimated value
$8,115,000
Warehouses
2 Highland St Port Chester, NY 10573-3382
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US63-2663909
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1906
Total area
88,551 SF
Lot
0.71 ac (31,130 SF)
Zoning code
DW2 WTRFR
APN
554801 142.23-2-14
UPID
US63-2663909
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
-
Eastview glass and mirror Corp Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Byram Self Storage Moving Company
-
Cannabis Blast Garden Center
-
Y Not You Media Advertising Agency Marketing & Advertising
-
StorQuest Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.12M
Owner & transaction history
2 Highland Sp LLC · 10 yrs held
2 Highland Sp LLC
since 2016
5 recorded transactions
Zoning & alternative use
DW2 WTRFR · Port Chester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.7M
+23.8%
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 Port Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Chester 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT)
$10,245,000
Current use
RESTAURANT
$12,685,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,640,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$9,490,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,490,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$8,925,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$8.12M
Range $7.30M – $8.93M · ±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
$92 / 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
$16,864,300
Assessed 2023
Previous assessed
$16,864,300
+0.0% YoY
Assessed land
$1,676,000
Assessed improvement
$15,188,300
Land market value
$1,676,000
Improvement market value
$15,188,300
Total market value
$16,864,300
Applied tax rate
554,804.0000
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
1906
Heating
NONE
Buildings
1
Stories
5
Total area
88,551 SF
Lot
0.71 ac (31,130 SF)
Zoning code
DW2 WTRFR
APN
554801 142.23-2-14
UPID
US63-2663909
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
DW2 WTRFR · Port Chester, NY
Zoning DW2 WTRFR · permitted uses
DW2 WTRFR · Port Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT) Current
Est. value
$10.2M
RESTAURANT
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$9.5M
WAREHOUSE, STORAGE
Est. value
$9.5M
RETAIL STORES
Est. value
$8.9M
WASTE DISPOSAL, SEWAGE (PROCESSING, DISPOSAL, STORAGE, TREATMENT) Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1906
Heating
NONE
Stories
5
Buildings
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
2 Highland Sp LLC
Entity
Mailing address
201 WILSHIRE BLVD STE #102, SANTA MONICA, CA 90401-3155
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
2 Highland Sp LLC
—
Deed
related
$40,216,000 · Goldman Sachs Bank USA
Apr 22, 2016
$16,000,000
2 Highland Sp LLC
Jrk II LLC
Grant Deed
$10,125,000 · Bank Of America
Dec 8, 2011
—
Jrk II LLC
—
Deed Of Trust
related
$3,400,000 · Riversource Life Insurance
Jun 4, 2010
—
Jrk II LLC
Jrk LLC
Quit Claim Deed
—
Jul 30, 2004
—
Jrk LLC
Patchen,mortimer
Grant 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.
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