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Property profile & analytics
OFF-MARKET
Estimated value
$6,025,000
Warehouses
2707 Brooklyn Queens Expy, Woodside, NY 11377-7817
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1561443
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Total area
6,000 SF
Lot
0.41 ac (17,800 SF)
Zoning code
M1-1
APN
01016-0115
UPID
US63-1561443
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$6.03M
Owner & transaction history
Arec 20, LLC · 1 yrs held
Arec 20, LLC
since 2025
5 recorded transactions
Zoning & alternative use
M1-1 · Woodside, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.3M
+167.7%
Retail stores
$4.4M
+44.0%
Office building
$4.1M
+32.2%
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 Woodside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodside 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
$6,525,000
ML approach
$6,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,270,000
Change: +168% · Conversion: Easy
RETAIL STORES
$4,445,000
Change: +44% · Conversion: Moderate
OFFICE BUILDING
$4,085,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$6.03M
Range $5.42M – $6.63M · ±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
$1,004 / 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
$60,117
Tax year 2024
Assessed value
$734,850
Assessed 2024
Previous assessed
$734,850
+0.0% YoY
Effective rate
8.18%
On assessed value
Assessed land
$272,250
Assessed improvement
$462,600
Land market value
$605,000
Improvement market value
$1,028,000
Total market value
$1,633,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
6,000 SF
Lot
0.41 ac (17,800 SF)
Zoning code
M1-1
APN
01016-0115
UPID
US63-1561443
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Woodside, NY
Zoning M1-1 · permitted uses
M1-1 · Woodside, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.3M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.1M
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
1956
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Arec 20, LLC
Entity
Mailing address
2727 N CENTRAL AVE STE #400, PHOENIX, AZ 85004-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 25, 2025
—
Arec 20, LLC
Amerco Real Estate Company
Deed
$25,147,800 · Pgim Real Estate Finance, LLC
Sep 19, 2024
$6,525,000
Amerco Real Estate Company, A Nevad
Astwood Realty, LLC
Deed
—
Nov 15, 2021
—
Astwood Realty, LLC
—
Deed
related
$2,792,991 · Signature Bank
—
—
Astwood Realty LLC
—
Loan Modification
related
$1,400,000 · Intervest National Bank
—
—
Astwood Realty LLC
—
Deed Of Trust
related
$92,065 · Intervest National 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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