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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Banks
207 Bay Shr Rd Deer Park, NY 11729-6930
Individually Owned
5-yr Hold
Free & Clear
Property ID
US63-3728634
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1997
Total area
3,228 SF
Lot
0.23 ac (10,176 SF)
Zoning code
E
APN
0100-090.00-02.00-049.001
UPID
US63-3728634
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
-
Gentle Dental: Hennis Paul DDS Dental Office
-
Pansy NP Adult Health Services Physician
-
Capital Auto Group Inc. Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$735k
Blend (final)
Blend
$610k
Owner & transaction history
Bay Shore Road Deer Park · 5 yrs held
Bay Shore Road Deer Park
since 2021
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
E · Deer Park, 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 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
$615,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$980,000
Current use
COMMERCIAL (GENERAL)
$970,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $600k (Mar 29 2021)
Last sale anchor
$600k
Mar 29 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
$189 / 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
$6,210
Assessed 2023
Previous assessed
$6,210
+0.0% YoY
Assessed land
$1,470
Assessed improvement
$4,740
Land market value
$2,227
Improvement market value
$7,182
Total market value
$9,409
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
1997
Heating
NONE
Total area
3,228 SF
Lot
0.23 ac (10,176 SF)
Zoning code
E
APN
0100-090.00-02.00-049.001
UPID
US63-3728634
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
$980,000
COMMERCIAL (GENERAL)
Est. value
$970,000
FINANCIAL BUILDING Current
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
1997
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Bay Shore Road Deer Park
Individual
Free & Clear · 5 yrs held
Mailing address
770 GRAND BLVD, DEER PARK, NY 11729-5750
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2021
$600,000
Bay Shore Road Deer Park
Paul Hennis
Deed
—
Jul 26, 2019
—
Paul Hennis
Referee Of Suffolk Cnty|david
Trustees Deed
—
May 25, 2011
$650,000
Ben Pernell
Hennis,paul & Manal
Grant Deed
—
Aug 28, 2009
$38,600
County Of Suffolk
Hennis,p & M
Grant Deed
—
—
—
Ben Pernell
—
Deed Of Trust
related
$640,000 · Paul & Manal Hennis
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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