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Property profile & analytics
OFF-MARKET
Industrial properties
2 Peekay Dr Clifton, NJ 07014-1545
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US59-0020215
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2013
Lot
2.87 ac (124,930 SF)
Zoning code
M-2
APN
02 00061- 03-00038
UPID
US59-0020215
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
-
Digital Realty Data Center IT Consulting Firm
-
Digital Realty New York EWR21 Telecommunications Service
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
Gi Tc 2 Peekay Drive LLC · 12 yrs held
Gi Tc 2 Peekay Drive LLC
since 2013
6 recorded transactions
Zoning & alternative use
M-2 · Clifton, NJ
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 Clifton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clifton 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,112,700
Tax year 2022
Assessed value
$37,000,000
Assessed 2023
Previous assessed
$37,000,000
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$1,303,600
Assessed improvement
$35,696,400
Land market value
$1,303,600
Improvement market value
$35,696,400
Total market value
$37,000,000
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Units
1
Lot
2.87 ac (124,930 SF)
Zoning code
M-2
APN
02 00061- 03-00038
UPID
US59-0020215
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Clifton, NJ
Zoning M-2 · permitted uses
M-2 · Clifton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clifton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Stories
1
Units
1
Lot
2.87 ac
Current owner
From public records · entity-resolved
Gi Tc 2 Peekay Drive LLC
Entity
Mailing address
4 EMBARCADERO CTR STE #3200, SAN FRANCISCO, CA 94111-4188
Ownership since
2013
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
Oct 9, 2013
$53,922,346
Gi Tc 2 Peekay Drive LLC
Peekay Associates LLC
Grant Deed
$23,300,000 · North American Co/life & Healt
Jul 19, 2011
$3,000,000
2 Peekay Associates LLC
Clifton 2003 LLC
Deed
—
Jun 10, 2003
$2,550,000
Clifton 2003 LLC
Abrachem Associates LLC
Grant Deed
—
—
—
2 Peekay Associates LLC
—
Deed Of Trust
related
$37,100,000 · M & T Bank
—
—
Abrachem Associates LLC
—
Deed Of Trust
related
$700,000 · Independence Community Bank
—
—
Abrachem Associates LLC
—
Deed Of Trust
related
$1,300,000 · Great Falls Bank
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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