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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Office buildings
2920 Hempstead Tpke, Levittown, NY 11756-1402
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US63-0086925
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,850 SF
Lot
1.2 ac (52,185 SF)
APN
51-103-00-0039
UPID
US63-0086925
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
-
Dental World Dental Office
-
Paul Cassis, DDS Dental Office
-
Ezat Morcos, DDS Dental Office
-
Phoenix Physical Therapy Rehabilitation PLLC Physician
-
Aditi Bhagat Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Central Nassau Professional Ll · 20 yrs held
Central Nassau Professional Ll
since 2005
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 Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown 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
AUTO REPAIR, GARAGE
$3,845,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,790,000
Change: -8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,530,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$3,335,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±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
$419 / 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
$154,869
Tax year 2023
Assessed value
$17,738
Assessed 2023
Previous assessed
$17,738
+0.0% YoY
Effective rate
873.09%
On assessed value
Assessed land
$9,102
Assessed improvement
$8,636
Total market value
$1,773,800
Applied tax rate
5.0000
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
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
5,850 SF
Lot
1.2 ac (52,185 SF)
APN
51-103-00-0039
UPID
US63-0086925
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
AUTO REPAIR, GARAGE
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES
Est. value
$3.3M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Central Nassau Professional Ll
Individual
Mailing address
2920 HEMPSTEAD TPKE, LEVITTOWN, NY 11756-1402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
May 29, 2019
—
Central Nassau Professional LLC
—
Deed
related
$232,000 · Jp Morgan Chase Bank
Jul 27, 2018
—
Aldrich Mgmt Co LLC
—
Deed
related
$8,600,000 · New York Cmnty Bk
Dec 6, 2005
—
Central Nassau Professional Ll
Central Nassau Professional
Quit Claim Deed
related
$915,999 · Ge Com'l Finance Business Prop
—
—
Central Nassau Prof LLC
—
Loan Modification, Consolidation And Extension
related
$800,000 · Jp Morgan Chase Bk
—
—
Central Nassau Prof LLC
—
Deed Of Trust
related
$54,107 · Old American Insurance Co
—
—
Aldrich Mgmt Co LLC
—
Loan Modification
related
$8,600,000 · New York Cmnty 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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