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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Banks
2005 Deer Park Ave Deer Park, NY 11729-2700
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-6156401
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1969
Total area
4,010 SF
Lot
0.23 ac (10,200 SF)
Zoning code
E
APN
0100-021.00-04.00-069.000
UPID
US63-6156401
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
-
Neurofeedback with the Neuro One Group Physician Alternative Medicine Practice
-
Premier Kids Care Inc Daycare Center Foster Care Service
-
Pure Cure CBD Oil (Bike/Boat/Book/etc) Store Pharmacy
-
EXiT Realty Enjoy Real Estate Agency
-
The Float Place Deer Park Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.04M
Owner & transaction history
2005 Deer Park Ave LLC · 5 yrs held
2005 Deer Park Ave LLC
since 2020
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
E · Deer Park, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+21.3%
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 Deer Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deer Park 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
$1,120,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,215,000
Current use
AUTO REPAIR, GARAGE
$1,475,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,205,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $975k (Jul 24 2020)
Last sale anchor
$975k
Jul 24 2020
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
$258 / 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
$9,000
Assessed 2023
Previous assessed
$9,000
+0.0% YoY
Assessed land
$1,520
Assessed improvement
$7,480
Land market value
$2,303
Improvement market value
$11,333
Total market value
$13,636
Applied tax rate
472,007.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Total area
4,010 SF
Lot
0.23 ac (10,200 SF)
Zoning code
E
APN
0100-021.00-04.00-069.000
UPID
US63-6156401
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
E · Deer Park, NY
Zoning E · permitted uses
E · Deer Park, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deer Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (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
1969
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
2005 Deer Park Ave LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2005 DEER PARK AVE STE #3, DEER PARK, NY 11729-2700
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
F&s Real Estate Prop
—
Deed
related
$267,734 · American Community Bank & Trust
Apr 18, 2025
—
2005 Deer Park Ave LLC
—
Deed
related
$162,889 · American Community Bank & Trust
Jul 24, 2020
$975,000
2005 Deer Park Ave LLC
Dp Omni LLC
Deed
—
Dec 16, 2014
$830,000
Dp Omni LLC
G-men Properties LLC
Grant Deed
related
$581,000 · Bethpage FCU
Nov 1, 2005
$1,060,000
G-men Properties LLC
2005 Deer Park Avenue Owners
Grant Deed
$675,000 · North Fork Bank
Nov 3, 2004
—
2005 Deer Park Ave Owners Corp
Mason,michaelangelo V
Warranty Deed
related
—
Aug 22, 2002
$485,000
2005 Deer Park Avenue Owners
Mitra,raghu & Nirmala
Grant Deed
$380,000 · Roslyn Savings 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.
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