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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office Spaces
2504 Richmond Rd Ste A Staten Island, NY 10306-2305
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US63-0124612
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2005
Total area
2,700 SF
Lot
0.13 ac (5,800 SF)
Zoning code
R3X
APN
04193-1001
UPID
US63-0124612
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
-
Northwell Health Physician Partners Pediatric Ophthalmology at Richmond Road Medical Clinic
-
Patrick Anthony DeRespinis, MD Ophthalmologist
-
Pediatric Eye Care of Staten Island Ophthalmologist
-
Jee Jimmy H MD Physician
-
Strome Robert R MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$461k
Blend (final)
Blend
$650k
Owner & transaction history
Rickrist Holding LLC · 19 yrs held
Rickrist Holding LLC
since 2006
1 recorded transaction
Zoning & alternative use
R3X · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+21.0%
Retail stores
$900,000
+14.6%
Office building
$810,000
+3.2%
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 Staten Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staten Island 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$785,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$900,000
Change: +15% · Conversion: Easy
OFFICE BUILDING
$810,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
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
$241 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,844
Tax year 2024
Assessed value
$217,600
Assessed 2024
Previous assessed
$204,868
+6.2% YoY
Effective rate
10.50%
On assessed value
Assessed land
$51,868
Assessed improvement
$165,732
Land market value
$115,263
Improvement market value
$364,000
Total market value
$479,263
Applied tax rate
4.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2005
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
2,700 SF
Lot
0.13 ac (5,800 SF)
Zoning code
R3X
APN
04193-1001
UPID
US63-0124612
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3X · Staten Island, NY
Zoning R3X · permitted uses
R3X · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$900,000
OFFICE BUILDING
Est. value
$810,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2005
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Rickrist Holding LLC
Entity
Mailing address
2504 RICHMOND RD, STATEN ISLAND, NY 10306-2365
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2006
$699,900
Rickrist Holding LLC
Rdg Dev Corp
Grant Deed
$550,000 · Pnc 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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