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Property profile & analytics
OFF-MARKET
Estimated value
$11,795,000
Manufacturing properties
21 Industry Ct Deer Park, NY 11729-4722
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2941814
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
48,522 SF
Lot
3 ac (130,680 SF)
Zoning code
GA
APN
0100-068.00-01.00-025.000
UPID
US63-2941814
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
-
M&T Bank Bank Loan Service
-
D.W.Y cabinet, Inc Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.47M
CAP Approach
CAP
$10.60M
Comparable Approach
Comparable
$13.91M
Blend (final)
Blend
$11.80M
Owner & transaction history
Able Equipment Rntl N INC · 2 yrs held
Able Equipment Rntl N INC
since 2023
Last sale
$11.0M
5 recorded transactions
Zoning & alternative use
GA · Deer Park, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.8M
+43.5%
Commercial (general)
$14.6M
+17.3%
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
$14,935,000
ML approach
$12,470,000
CAP Approach
CAP Return
Estimation
6%
$11,480,000
6.5%
$10,600,000
7%
$9,840,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,430,000
Current use
AUTO REPAIR, GARAGE
$17,835,000
Change: +43% · Conversion: Easy
COMMERCIAL (GENERAL)
$14,585,000
Change: +17% · Conversion: Difficult
WAREHOUSE, STORAGE
$10,355,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$11.80M
Range $10.62M – $12.97M · ±10% · vs last sale $11.00M (Oct 3 2023)
Last sale anchor
$11.00M
Oct 3 2023
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
$243 / 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
$42,340
Assessed 2023
Previous assessed
$42,340
+0.0% YoY
Assessed land
$9,000
Assessed improvement
$33,340
Land market value
$13,636
Improvement market value
$50,515
Total market value
$64,151
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Heating
NONE
Total area
48,522 SF
Lot
3 ac (130,680 SF)
Zoning code
GA
APN
0100-068.00-01.00-025.000
UPID
US63-2941814
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
GA · Deer Park, NYZoning GA · permitted uses
GA · Deer Park, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$17.8M
COMMERCIAL (GENERAL)
Est. value
$14.6M
WAREHOUSE, STORAGE
Est. value
$10.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1973
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Able Equipment Rntl N INC
Entity
Free & Clear · 2 yrs held
Mailing address
2131 NEWBRIDGE RD, BELLMORE, NY 11710-2224
Ownership since
2023
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
Oct 3, 2023
$11,000,000
Able Equipment Rntl N INC
Great Amer Rlty Grand LLC
Deed
—
Sep 5, 2018
—
Great American Realty Of Grand Bl
—
Deed
related
$300,000 · Maspeth Fed'l S&l
Apr 11, 2002
$2,350,000
Great American Realty Of Grand
Grand Boulevard Associates
Grant Deed
related
$500,000 · North Fork Bank
—
—
Great American Realty Of Grand Bl
—
Deed Of Trust
related
$300,000 · Maspeth Fed'l S&l
—
—
Great American Realty Of Grand Bl
—
Loan Modification
related
$1,100,000 · Ridgewood 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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