New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Manufacturing properties
234 Crossways Park Dr 240, Woodbury, NY 11797-2015
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-2748267
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,344 SF
Lot
0.75 ac (32,626 SF)
APN
15-184-00-0044
UPID
US63-2748267
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
-
Dr. Arielle Ettinger Physician
-
Super Laundry (Bike/Boat/Book/etc) Store
-
DashLocker (Bike/Boat/Book/etc) Store
-
Mr. Timothy Tsang Physician
-
Thomas Lee Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.87M
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.93M
Owner & transaction history
230 Tz Property LLC · 3 yrs held
230 Tz Property LLC
since 2023
Last sale
$3.0M
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 Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury 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
$2,915,000
ML approach
$2,870,000
CAP Approach
CAP Return
Estimation
6%
$3,900,000
6.5%
$3,600,000
7%
$3,340,000
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±10% · vs last sale $2.97M (Feb 15 2023)
Last sale anchor
$2.97M
Feb 15 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
$179 / 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
$98,535
Tax year 2023
Assessed value
$13,310
Assessed 2023
Previous assessed
$16,430
-19.0% YoY
Effective rate
740.31%
On assessed value
Assessed land
$5,950
Assessed improvement
$7,360
Total market value
$1,331,000
Applied tax rate
625.0000
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
HEAVY MANUFACTURING
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
16,344 SF
Lot
0.75 ac (32,626 SF)
APN
15-184-00-0044
UPID
US63-2748267
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
230 Tz Property LLC
Entity
Mailing address
1055 STEWART AVE STE #16, BETHPAGE, NY 11714-3635
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
$2,965,000
230 Tz Property LLC
Rxr 230 240 Crossways Park Drive Ow
Bargain And Sale Deed
$1,950,000 · Fidelity Bank NA
Oct 2, 2020
—
Rxr 420 Crossways Pk Drive Own
—
Deed
related
$75,708,854 · Other Institutional Lenders
Sep 18, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Grant Deed
related
$22,290,324 · Other Institutional Lenders
Mar 19, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification, Consolidation And Extension
related
$3,897,148 · Other Institutional Lenders
Jan 8, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification
related
$107,823,247 · Other Institutional Lenders
Oct 20, 2017
—
Rxr 420 Crossways Park Drive
—
Grant Deed
related
$1,120,560 · Other Institutional Lenders
Oct 28, 2014
—
Rxr 230-240 Crossways Park Dri
—
Grant Deed
related
$6,000,000 · Woodbury Sl Nt-ii LLC
Oct 23, 2014
—
Rxr Rxr 230-240 Crossways Park
Clk-hp 230-240 Crossways Par
Grant Deed
—
Apr 4, 2005
$2,694,244
Lake Park 230-240 Crossways Pk
Industrial & Research Assoc Ll
Grant Deed
—
—
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification
related
$75,708,854 · Other Institutional Lenders
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 234 Crossways Park Dr, Unit 240?
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.
