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Property profile & analytics
OFF-MARKET
Estimated value
$10,070,000
Office buildings
2800 Marcus Ave, New Hyde Park, NY 11042-1113
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3885674
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
58,608 SF
Lot
5.01 ac (218,061 SF)
APN
08-00G-00-0923
UPID
US63-3885674
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
-
Northshore Lij Health Systems Medical Clinic
-
Pro Heath Hospital
-
Segal Laurie Physician Medical Clinic
-
Sedrak Irini A MD Physician
-
Optum Lake Success Multi-Specialty Center – Marcus Ave Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.07M
Owner & transaction history
Pro Health Realty II LLC · 11 yrs held
Pro Health Realty II LLC
since 2014
6 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 New Hyde Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hyde Park 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
$172 / 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
$761,199
Tax year 2023
Assessed value
$177,135
Assessed 2023
Previous assessed
$277,135
-36.1% YoY
Effective rate
429.73%
On assessed value
Assessed land
$34,844
Assessed improvement
$142,291
Total market value
$17,713,500
Applied tax rate
856.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
58,608 SF
Lot
5.01 ac (218,061 SF)
APN
08-00G-00-0923
UPID
US63-3885674
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
5.01 ac
Current owner
From public records · entity-resolved
Pro Health Realty II LLC
Entity
Mailing address
100 JERICHO QUADRANGLE, JERICHO, NY 11753-2708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Apr 10, 2017
—
Were Associates Co
—
Grant Deed
related
$10,000,000 · Miscellaneous Ins Co
Jul 21, 2014
—
Pro Health Realty II LLC
Prohealth Realty LLC
Grant Deed
related
—
—
—
Were Associates Co
—
Deed Of Trust
related
$17,599,991 · Variable Annuity Life Ins Co
—
—
Were Associates Co
—
Loan Modification, Consolidation And Extension
related
$95,000,000 · Miscellaneous Ins Co
—
—
Were Associates Co
—
Deed Of Trust
related
$95,000,000 · Miscellaneous Ins Co
—
—
Were Assoc Co
—
Deed Of Trust
related
$21,500,000 · Metropolitan Life Insurance
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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