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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Commercial real estate
253 Degraw Ave Teaneck, NJ 07666-3205
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0733042
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Construction
CONCRETE BLOCKS
Lot
0.09 ac (3,999 SF)
Zoning code
B1
APN
60 02306-0000-00018
UPID
US59-0733042
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
-
Mayra Iturralde's Spa Spa & Massage Center Skin Care Clinic
-
Milez Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Degraw Avenue LLC · 1 yrs held
Degraw Avenue LLC
since 2025
Last sale
$885,000
5 recorded transactions
Zoning & alternative use
B1 · Teaneck, NJ
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 Teaneck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Teaneck 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
$660,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $885k (Mar 14 2025)
Last sale anchor
$885k
Mar 14 2025
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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$16,476
Tax year 2022
Assessed value
$509,000
Assessed 2023
Previous assessed
$509,000
+0.0% YoY
Effective rate
3.24%
On assessed value
Assessed land
$173,200
Assessed improvement
$335,800
Land market value
$173,200
Improvement market value
$335,800
Total market value
$509,000
Applied tax rate
60.0000
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
1925
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.09 ac (3,999 SF)
Zoning code
B1
APN
60 02306-0000-00018
UPID
US59-0733042
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B1 · Teaneck, NJ
Zoning B1 · permitted uses
B1 · Teaneck, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Teaneck. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Degraw Avenue LLC
Entity
Mailing address
586 GRV ST, RIDGEWOOD, NJ 07450-5429
Ownership since
2025
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
Mar 14, 2025
$885,000
Degraw Avenue LLC
Ack Realty LLC
Deed
$485,000 · Verus Residential Loanco LLC
Aug 14, 2012
—
Ack Realty LLC
Ack Realty LLC
Quit Claim Deed
related
$200,000 · Ponce De Leon Federal Bank
Aug 8, 2011
—
Ack Realty LLC
Pagiatakis Realty INC
Warranty Deed
related
—
—
—
Pagaitakis Realty INC
—
Deed Of Trust
related
$100,000 · Ponce De Leon Federal Bank
—
—
Ack Realty LLC
—
Deed Of Trust
related
$325,000 · Ponce De Leon Fsb
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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