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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Assisted living facilities
304 Palisade Ave, Yonkers, NY 10703
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US63-1364465
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Total area
34,635 SF
Lot
1.03 ac (44,867 SF)
Zoning code
MG
APN
551800 2.-2157-28
UPID
US63-1364465
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
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Westchester Park Realty LLC · 16 yrs held
Westchester Park Realty LLC
since 2009
7 recorded transactions
Zoning & alternative use
MG · Yonkers, 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 Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers 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
$1,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$30 / 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
Tax billed
$120,766
Tax year 2020
Assessed value
$119,000
Assessed 2023
Previous assessed
$119,000
+0.0% YoY
Effective rate
101.48%
On assessed value
Assessed land
$45,200
Assessed improvement
$73,800
Land market value
$2,525,140
Improvement market value
$4,122,905
Total market value
$6,648,045
Applied tax rate
551,800.0000
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
1974
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
10
Total area
34,635 SF
Lot
1.03 ac (44,867 SF)
Zoning code
MG
APN
551800 2.-2157-28
UPID
US63-1364465
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
MG · Yonkers, NY
Zoning MG · permitted uses
MG · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yonkers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Cooling
Yes
Stories
10
Buildings
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Westchester Park Realty LLC
Entity
Mailing address
36 AIRPORT RD STE #102, LAKEWOOD, NJ 08701-7034
Ownership since
2009
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
May 8, 2018
—
Westchester Park LLC
—
Deed
related
$21,811,200 · M&t Rlty Cap
Jun 17, 2013
—
Westchester Park Realty LLC
—
Loan Modification
related
$8,961,900 · Rockhall Fndg
Dec 4, 2009
$6,280,000
Westchester Park Realty LLC
Sans Souci Realty LLC
Grant Deed
$8,961,900 · Greystone Servicing Corp
Nov 23, 2004
—
Konstam Leo C Trust
Konstam,leo C
Quit Claim Deed
related
—
—
—
Westchester Park Realty LLC
—
Deed Of Trust
related
$350,650 · Rockhall Fndg
—
—
Westchester Park LLC
—
Deed Of Trust
related
$21,811,200 · M&t Rlty Cap
—
—
West Chester Park Realty LLC
—
Loan Modification
related
$21,811,200 · M&t Rlty Cap
—
—
Westchester Park Realty LLC
—
Deed Of Trust
related
$21,811,200 · M&t Rlty Cap
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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