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Property profile & analytics
FOR SALE
Manufacturing properties
3 Chestnut St, Suffern, NY 10901
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-6029707
For Sale
1 / 16
$4,699,000
3 Chestnut St, Suffern, NY 10901
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
20,503 SF
Lot
0.46 ac (20,038 SF)
Zoning code
05 - COMMERCIAL
APN
392607 54.27-1-44
UPID
US63-6029707
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
-
Richery Deals inc Big Box & Wholesale Store
-
Mio Marino (Bike/Boat/Book/etc) Store
-
Uppercut Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.98M
Owner & transaction history
Three Chestnut LLC · 7 yrs held
Three Chestnut LLC
since 2019
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Suffern, NY
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 Suffern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suffern 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%
$2,150,000
6.5%
$1,985,000
7%
$1,845,000
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±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
$96 / 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
Property tax & assessments
Assessed value
$86,000
Assessed 2023
Previous assessed
$86,000
+0.0% YoY
Assessed land
$6,000
Assessed improvement
$80,000
Land market value
$10,695
Improvement market value
$142,605
Total market value
$153,300
Applied tax rate
392,601.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1950
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
20,503 SF
Lot
0.46 ac (20,038 SF)
Zoning code
05 - COMMERCIAL
APN
392607 54.27-1-44
UPID
US63-6029707
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
05 - COMMERCIAL · Suffern, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Suffern, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suffern. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Three Chestnut LLC
Entity
Mailing address
3 CHESTNUT STA, SUFFERN, NY 10901-5475
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
—
Three Chestnut LLC
—
Deed
related
$2,550,000 · Truist Bank
Jun 23, 2022
—
Three Chestnut LLC
—
Deed
related
$618,042 · Truist Bank
May 2, 2019
$1,930,000
Three Chestnut LLC
Le Chocolate Of Rockland LLC
Bargain And Sale Deed
—
Oct 22, 2010
$1,260,000
Le Chocolate Of Rockland LLC
3 Chestnut Street Corp
Bargain And Sale Deed
$630,000 · Key Bank NA
Jul 28, 2004
$700,000
3 Chestnut Street Corp
Jaber,nidal
Grant Deed
$480,000 · Pame Associates LLC
Nov 5, 2002
$425,000
Nidal Jaber
Knopfler,raizy
Grant Deed
—
—
—
Le Chocolate Of Rockland LLC
—
Deed Of Trust
related
$397,000 · Keybank Nat'l Assn/edgewood
—
—
Le Chocolate Of Rockland LLC
—
Deed Of Trust
related
$350,000 · Citizens Bk
—
—
3 Chestnut Street Corp
—
Deed Of Trust
related
$800,000 · Citibank NA
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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