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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
2 Spook Rock Rd, Airmont, NY 10901
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-4130166
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
5,000 SF
Lot
0.07 ac (3,049 SF)
Zoning code
P1
APN
392621 55.12-1-4.-3030
UPID
US63-4130166
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
-
Fastar Inc Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$460k
Blend (final)
Blend
$540k
Owner & transaction history
Tomche Shabbos Of Rockland Cnty & M · 9 yrs held
Tomche Shabbos Of Rockland Cnty & M
since 2016
3 recorded transactions
Zoning & alternative use
P1 · 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
$580,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$590,000
7%
$545,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$108 / 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
$28,440
Assessed 2023
Previous assessed
$28,440
+0.0% YoY
Assessed land
$8,000
Assessed improvement
$20,440
Land market value
$4,641
Improvement market value
$11,859
Total market value
$16,500
Applied tax rate
392,601.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
5,000 SF
Lot
0.07 ac (3,049 SF)
Zoning code
P1
APN
392621 55.12-1-4.-3030
UPID
US63-4130166
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
P1 · Airmont, NY
Zoning P1 · permitted uses
P1 · 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
1994
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Tomche Shabbos Of Rockland Cnty & M
Individual
Mailing address
78 COLLEGE RD, MONSEY, NY 10952-2451
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2016
$825,000
Tomche Shabbos Of Rockland Cnty & M
Hannah K Realty LLC
Grant Deed
$350,000 · M&t Bk
Sep 13, 2016
—
Hannah K Realty LLC
Spook Rock Industrial Park LP
Grant Deed
related
—
—
—
Hannah K Realty LLC
—
Deed Of Trust
related
$450,000 · Wells Fargo 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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