New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,200,000
Office buildings
2545 Hempstead Tpke 2555, East Meadow, NY 11554-2194
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US63-3623130
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
7,150 SF
Lot
2.07 ac (90,169 SF)
APN
45-00J-00-0138
UPID
US63-3623130
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
-
Brian Ferris, DC Alternative Medicine Practice
-
Ira Lawrence Goldberg PC Law Firm
-
Preferred Partners Group Advertising Agency Marketing & Advertising
-
Paradise Palms NY Garden Center
-
The Hauser Group Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$3.20M
Owner & transaction history
Uns Management Associates Ltd · 20 yrs held
Uns Management Associates Ltd
since 2006
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+35.6%
Industrial (general)
$4.3M
+35.3%
Auto repair, garage
$4.1M
+29.4%
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 East Meadow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Meadow 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,190,000
Current use
COMMERCIAL (GENERAL)
$4,325,000
Change: +36% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,315,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,125,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,595,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±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
$448 / 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
$413,593
Tax year 2023
Assessed value
$49,944
Assessed 2023
Previous assessed
$49,944
+0.0% YoY
Effective rate
828.11%
On assessed value
Assessed land
$28,403
Assessed improvement
$21,541
Total market value
$4,994,400
Applied tax rate
41.0000
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
1981
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
7,150 SF
Lot
2.07 ac (90,169 SF)
APN
45-00J-00-0138
UPID
US63-3623130
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
OFFICE BUILDING Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1981
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Lot
2.07 ac
Current owner
From public records · entity-resolved
Uns Management Associates Ltd
Entity
Mailing address
230 LITTLE PLNS RD, HUNTINGTON, NY 11743-4848
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2016
—
Ld Acquisition Co 13 LLC
—
Deed
related
$473,147 · Legacy Bk/tx
Jun 9, 2006
$7,000,000
Uns Management Associates Ltd
Kls Realty Group LLC
Grant Deed
—
Apr 17, 2006
—
Kls Realty Group LLC
Blueberry Farm LLC
Grant Deed
related
—
Sep 20, 2004
—
Blueberry Farm LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of Smithtown
Aug 9, 1990
$2,500,000
Laz-bur Co
Unknown
Grant Deed
—
—
—
Ld Acquisition Co 13 LLC
—
Deed Of Trust
related
$473,147 · Legacy Bk/tx
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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