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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
2900 Westchester Ave Purchase, NY 10577-2552
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1662335
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
3,539 SF
Lot
5.11 ac (222,592 SF)
APN
552801 0602.-1
UPID
US63-1662335
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
-
Dynamic US, Inc. Corporate Office
-
Lisa Yountchi at CrossCountry Mortgage Loan Service Bank
-
ProTech IT Solutions | IT Support & Managed IT Services Westchester Tech Support Center IT Consulting Firm
-
Michael Levine at CrossCountry Mortgage Loan Service Bank
-
Power of Movement Pediatric Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$745k
Owner & transaction history
Gray Rock Partners LLC · 4 yrs held
Gray Rock Partners LLC
since 2021
Last sale
$639,000
5 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 Purchase submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Purchase 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
$735,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $639k (Sep 1 2021)
Last sale anchor
$639k
Sep 1 2021
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
$211 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$203,000
Assessed 2023
Previous assessed
$203,000
+0.0% YoY
Assessed land
$51,200
Assessed improvement
$151,800
Land market value
$4,376,068
Improvement market value
$12,974,359
Total market value
$17,350,427
Applied tax rate
552,801.0000
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
Heating
STEAM
Stories
2
Bathrooms
3
Total area
3,539 SF
Lot
5.11 ac (222,592 SF)
APN
552801 0602.-1
UPID
US63-1662335
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Heating
STEAM
Stories
2
Bathrooms
3
Lot
5.11 ac
Current owner
From public records · entity-resolved
Gray Rock Partners LLC
Entity
Mailing address
520 W OLD COUNTRY RD, HICKSVILLE, NY 11801-4112
Ownership since
2021
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
Sep 1, 2021
—
Gray Rock Partners LLC
Gray Rock Property Holdings LLC
Intrafamily Transfer
related
$676,500 · Mahopac Bank
Aug 17, 2021
$639,000
Samuel Bruce
Michael W Pace
Bargain And Sale Deed
$511,200 · United Wholesale Mortgage
Feb 9, 2018
—
2900 Westchester Co LLC
—
Deed
related
$5,276,498 · Wells Fargo Bk
Oct 27, 1997
$5,004,500
2900 Westchester Company LLC
Silverite Holding Company LLC
Grant Deed
—
—
—
2900 Westchester Co LLC
—
Deed Of Trust
related
$5,276,498 · Wells Fargo Bk
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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