New search
Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Commercial real estate
218 Broadway, Bethpage, NY 11714-3728
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-4453040
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
FRAME
Total area
1,208 SF
Lot
0.24 ac (10,500 SF)
APN
46-116-00-0074
UPID
US63-4453040
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
-
Exclusive Limosuine Freight Service Logistics Company
-
King of Kings Ministries Church
-
Lisa Caputo, Realtor Real Estate Agency
-
IRONMEN BUILDING MOVERS HOUSE LIFTING Construction Company
-
About Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$497k
Blend (final)
Blend
$820k
Owner & transaction history
Muslims On Long Island INC · 2 yrs held
Muslims On Long Island INC
since 2024
Last sale
$820,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+35.5%
Office building
$850,000
+9.0%
Auto repair, garage
$795,000
+1.5%
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 Bethpage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethpage 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
$820,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$780,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,060,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$850,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$795,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$690,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $820k (Apr 17 2024)
Last sale anchor
$820k
Apr 17 2024
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
$679 / 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
$33,510
Tax year 2023
Assessed value
$3,815
Assessed 2023
Previous assessed
$3,815
+0.0% YoY
Effective rate
878.37%
On assessed value
Assessed land
$2,527
Assessed improvement
$1,288
Total market value
$381,500
Applied tax rate
573.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Units
1
Rooms
8
Bathrooms
2
Total area
1,208 SF
Lot
0.24 ac (10,500 SF)
APN
46-116-00-0074
UPID
US63-4453040
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$795,000
RETAIL STORES
Est. value
$690,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1910
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Rooms
8
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Muslims On Long Island INC
Entity
Mailing address
32 CENTRAL BLVD, BETHPAGE, NY 11714-4624
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$820,000
Muslims On Long Island INC
John Velaoras
Bargain And Sale Deed
—
Jan 3, 2023
$800,000
John Velaoras
Lsp Development LLC
Bargain And Sale Deed
—
Oct 31, 2011
—
Lsp Dev LLC
Gleicher,leonard
Grant Deed
related
$425,000 · Td Bank NA
Mar 12, 2009
$530,357
Leonard Gleicher
Bretton,gary JR
Grant Deed
—
Nov 25, 2008
—
Gary Bretton JR.
218 Broadway Bethpage Realty C
Grant Deed
—
Mar 23, 2007
—
Anthony Talalay
Gallo Consulting Corp
Grant Deed
related
—
Aug 3, 2006
—
Broadway Bethpage Realty C 218
Bretton,gary JR
Grant Deed
related
—
Nov 23, 2005
$550,000
Gary Bretton
Family & Childrens Assoc
Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 218 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
