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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office buildings
212 Main St, Riverhead, NY 11901-2841
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-3443448
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Total area
4,126 SF
Lot
0.25 ac (10,890 SF)
Zoning code
08 - GOVERNMENTAL
APN
0600-128.00-03.00-033.000
UPID
US63-3443448
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
-
School of Rock Vocational School Training Center
-
Michael J. Pratt, LMSW Foster Care Service Social Service Agency
-
Paula Evans Foster Care Service Social Service Agency
-
Lynn Doris Foster Care Service Social Service Agency
-
Gail Smith, LCSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
212 West Main LLC · 2 yrs held
212 West Main LLC
since 2023
Last sale
$926,500
3 recorded transactions
Zoning & alternative use
08 - GOVERNMENTAL · Riverhead, 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 Riverhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverhead 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
$1,000,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $927k (Oct 13 2023)
Last sale anchor
$927k
Oct 13 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
$234 / 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
$92,500
Assessed 2023
Previous assessed
$92,500
+0.0% YoY
Assessed land
$30,000
Assessed improvement
$62,500
Land market value
$322,928
Improvement market value
$672,766
Total market value
$995,694
Applied tax rate
473,002.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Heating
NONE
Buildings
1
Stories
1
Total area
4,126 SF
Lot
0.25 ac (10,890 SF)
Zoning code
08 - GOVERNMENTAL
APN
0600-128.00-03.00-033.000
UPID
US63-3443448
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
08 - GOVERNMENTAL · Riverhead, NY
Zoning 08 - GOVERNMENTAL · permitted uses
08 - GOVERNMENTAL · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverhead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
1
Buildings
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
212 West Main LLC
Entity
Mailing address
212 W MAIN ST, RIVERHEAD, NY 11901-2841
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
212 West Main LLC
—
Deed
related
$534,000 · Empire State Certified Development Corp
Oct 13, 2023
$926,500
212 West Main LLC
Beh Properties INC
Deed
$650,000 · M & T Bank
Jan 21, 2021
—
Beh Properties INC
—
Deed
related
$700,767 · Bnb 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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