Entity Owned Property summary
AI-generated overview
Commercial space on Elwood Avenue in Hawthorne, NY, configured for retail or office use, with exterior accessibility and frontage that provides visibility along the corridor. The space includes a bathroom and an air-conditioning system; the HVAC system is a few years old. Utilities are metered separately, with its own water, gas, and electrical meter, and the site supports cooling, heating, and lighting services for the premises. Parking consists of ten open spaces at the front and 38 open spaces at the rear, with shared use arrangements supporting servicing of the strip center and the subject space. The property is located near major highways and the Metro-North Railroad Hawthorne Station.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1988
Total area
5,000 SF
Lot
0.11 ac (4,792 SF)
Zoning code
05 - COMMERCIAL
APN
553489 112.9-3-25
UPID
US63-0900277
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Barber Shop
-
Engineering Consultant
-
Restaurant
-
Nail Salon
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.31M
Owner & transaction history
Zoning & alternative use
05 - COMMERCIAL · Hawthorne, NY
Top alternative use upside
Warehouse, storage
$1.8M
+2.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.31M
Value range
$1.17M – $1.44M
±10% around blend
Estimated value / SF
$261 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
50
$1.17M
blend $1.31M
$1.44M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,000 SF
Lot area
0.11 ac
Year built
1988
Stories
1
APN
553489 112.9-3-25
Zoning
05 - COMMERCIAL
Assessed value
$19,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.21M
@ 6.5% CAP return
$1.12M
@ 7% CAP return
$1.04M
4
Sales comparison
Partial preview
Sales approach indication
$2.22M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.1 mi away · 4,436 SF
6.6 mi away · 4,000 SF
6.6 mi away · 5,937 SF
8.2 mi away · 3,661 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.31M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 388 sales
$355
-26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $261/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+2%
vs current-use indication
Commercial (general) · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$19k
Move the market yield to see immediate price impact.
Value / SF
$4
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1k
$24k
$17k
$13k
$1k
$27k
$19k
$15k
$1k
$29k
$21k
$16k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$645k
3.9 mi · Oct 2025 · $161/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$19,000
Assessed 2023
Previous assessed
$19,000
+0.0% YoY
Assessed land
$3,650
Assessed improvement
$15,350
Land market value
$323,009
Improvement market value
$1,358,407
Total market value
$1,681,416
Applied tax rate
553,401.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1988
Heating
NONE
Buildings
1
Stories
1
Total area
5,000 SF
Lot
0.11 ac (4,792 SF)
Zoning code
05 - COMMERCIAL
APN
553489 112.9-3-25
UPID
US63-0900277
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
05 - COMMERCIAL · Hawthorne, NYZoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Hawthorne, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
1
Buildings
1
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
05 - COMMERCIAL
Jurisdiction
Hawthorne, NY
Recorded code
05 - COMMERCIAL
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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