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Property profile & analytics
OFF-MARKET
Assisted living facilities
274 Broadway, Long Beach, NY 11561-3911
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-0899281
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1923
Construction
FRAME
Total area
713 SF
Lot
0.41 ac (17,990 SF)
APN
59-064-00-0001
UPID
US63-0899281
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Long Beach Assisted Living LLC · 9 yrs held
Long Beach Assisted Living LLC
since 2017
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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$306,271
Tax year 2023
Assessed value
$85,136
Assessed 2023
Previous assessed
$102,948
-17.3% YoY
Effective rate
359.74%
On assessed value
Assessed land
$4,514
Assessed improvement
$80,622
Total market value
$8,513,600
Applied tax rate
996.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1923
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Units
110
Total area
713 SF
Lot
0.41 ac (17,990 SF)
APN
59-064-00-0001
UPID
US63-0899281
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
1923
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Units
110
Lot
0.41 ac
Current owner
From public records · entity-resolved
Long Beach Assisted Living LLC
Entity
Mailing address
274 W BROADWAY, LONG BEACH, NY 11561-3911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2021
—
Long Beach Assisted Living LLC
—
Deed
related
$4,000,000 · Peoples United Bank
Jun 12, 2019
—
Hoffmann Mnr Of Long Bk LLC
—
Loan Modification, Consolidation And Extension
related
$30,000,000 · People's United Bk
Feb 1, 2017
$16,000,000
Long Beach Assisted Living LLC
Hoffman Manor Of Long Bch LLC
Grant Deed
—
Feb 1, 2017
—
Long Beach Assisted Living LLC
—
Deed
related
$11,950,000 · Manufacturers & Traders Tr
—
—
Hoffmann Manor Of Long Bch LLC
—
Deed Of Trust
related
$11,950,000 · * Other Institutional Lenders
—
—
Hoffman Manor Of Long Beach
—
Deed Of Trust
related
$6,360,605 · Cpif Lending LLC
—
—
Long Beach Assisted Living LLC
—
Loan Modification, Consolidation And Extension
related
$11,950,000 · Manufacturers & Traders Tr
—
—
Hoffmann Manor Of Long Bch LLC
—
Deed Of Trust
related
$975,000 · Meir Cohen
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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