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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Manufacturing properties
205 Expy St Plainview, NY 11803-2420
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-6075247
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,500 SF
Lot
1.49 ac (64,904 SF)
APN
13-083-00-0101
UPID
US63-6075247
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
-
MAX USA CORP. Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Rh At 205 Express Street LLC · 8 yrs held
Rh At 205 Express Street LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Plainview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainview 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
$131 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$107,733
Tax year 2023
Assessed value
$12,873
Assessed 2023
Previous assessed
$12,873
+0.0% YoY
Effective rate
836.89%
On assessed value
Assessed land
$10,953
Assessed improvement
$1,920
Total market value
$1,287,300
Applied tax rate
579.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
14,500 SF
Lot
1.49 ac (64,904 SF)
APN
13-083-00-0101
UPID
US63-6075247
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Rh At 205 Express Street LLC
Entity
Free & Clear · 8 yrs held
Mailing address
5 AERIAL WAY STE #100, SYOSSET, NY 11791-5594
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2019
—
Rh At 205 Express Street LLC
—
Deed
related
$2,100,000 · Bnb Bank NA
Jan 18, 2018
$2,845,000
Rh At 205 Express Street LLC
205 Express Street LLC
Grant Deed
related
—
Jul 3, 2007
$2,475,000
205 Express Street LLC
Plainvest LLC
Grant Deed
$1,825,000 · North Fork Bank
Nov 24, 2004
$1,500,000
Plainvest LLC
Avest INC
Grant Deed
$275,000 · Citibank NA
Jan 25, 1990
$400,000
Astrex INC
Unknown
Grant Deed
—
—
—
Rh At 205 Express Street LLC
—
Deed Of Trust
related
$2,100,000 · Bnb Bank NA
—
—
Avest INC
—
Deed Of Trust
related
$850,000 · Fleet National Bank
—
—
205 Express Street LLC
—
Deed Of Trust
related
$109,869 · Signature Bk
—
—
205 Express Street LLC
—
Deed Of Trust
related
$1,800,000 · Signature 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.
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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