New search
Property profile & analytics
OFF-MARKET
Estimated value
$18,405,000
Warehouses
20 Middletown Rd, Nanuet, NY 10954-2303
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-5472364
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
80,320 SF
Lot
2.37 ac (103,237 SF)
Zoning code
RS
APN
392089 58.17-1-99
UPID
US63-5472364
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
-
Safeguard Self Storage Storage Facility
-
Auto Glass Direct - MOBILE Auto Repair Shop
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$16.59M
CAP Approach
CAP
$18.94M
Comparable Approach
Comparable
$19.91M
Blend (final)
Blend
$18.41M
Owner & transaction history
Ppf Ss 20 Middletown Road LLC · 5 yrs held
Ppf Ss 20 Middletown Road LLC
since 2021
Last sale
$18.3M
7 recorded transactions
Zoning & alternative use
RS · Nanuet, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$29.5M
+2.1%
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 Nanuet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nanuet 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
$16,585,000
CAP Approach
CAP Return
Estimation
6%
$20,515,000
6.5%
$18,935,000
7%
$17,585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$28,875,000
Current use
COMMERCIAL (GENERAL)
$29,465,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$24,810,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$23,930,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$18.41M
Range $16.56M – $20.25M · ±10% · vs last sale $18.30M (Jan 15 2021)
Last sale anchor
$18.30M
Jan 15 2021
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
$229 / 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
$1,131,500
Assessed 2023
Previous assessed
$1,131,500
+0.0% YoY
Assessed land
$282,100
Assessed improvement
$849,400
Land market value
$550,288
Improvement market value
$1,656,912
Total market value
$2,207,200
Applied tax rate
392,008.0000
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
1980
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
80,320 SF
Lot
2.37 ac (103,237 SF)
Zoning code
RS
APN
392089 58.17-1-99
UPID
US63-5472364
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
RS · Nanuet, NY
Zoning RS · permitted uses
RS · Nanuet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nanuet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$28.9M
COMMERCIAL (GENERAL)
Est. value
$29.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.8M
INDUSTRIAL (GENERAL)
Est. value
$23.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1980
Heating
NONE
Cooling
Yes
Stories
2
Lot
2.37 ac
Current owner
From public records · entity-resolved
Ppf Ss 20 Middletown Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3384 PEACHTREE RD NE, ATLANTA, GA 30326-1181
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2021
$18,300,000
Ppf Ss 20 Middletown Road LLC
Middletown Self Storage Nanuet
Grant Deed
—
Jan 25, 2019
—
Nanuet Middletown Self Storae
—
Deed
related
$288,932 · Oritani Fin
Jul 1, 2016
—
Nanuet Middletown Self Storage
—
Deed
related
$6,750,000 · Miscellaneous Ins Co
May 14, 2015
$3,596,404
Nanuet Middletown Self Storage LLC
Nanuet Management INC
Intrafamily Transfer
related
—
Sep 13, 2012
$3,000,000
Nanuet Management INC
20 North Middletown Road LLC
Deed
—
Jan 22, 2007
—
Masel Properties
Altman Family Trust
Quit Claim Deed
related
—
Jan 22, 2007
$4,500,000
20 North Middletown Road LLC
Masel Properties
Bargain And Sale Deed
$2,900,000 · Woori America Bank
Dec 19, 2005
—
Marlamar LLC
Lawrence Altman
Grant Deed
—
—
—
Nanuet Middletown Self Storae
—
Deed Of Trust
related
$288,932 · Oritani Fin
—
—
Nanuet Middletown Self Storage
—
Deed Of Trust
related
$6,750,000 · Miscellaneous Ins Co
—
—
Nanuet Management INC
—
Deed Of Trust
related
$200,000 · Hye W Young
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Middletown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
