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Property profile & analytics
OFF-MARKET
Estimated value
$9,135,000
Parking lots & garages
331 Rte 17, Hillburn, NY 10931
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-3668772
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.93 ac (40,511 SF)
Zoning code
HC
APN
392601 47.14-1-5.2
UPID
US63-3668772
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
$11.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.14M
Owner & transaction history
Crossroads Hillburn Realty LLC · 5 yrs held
Crossroads Hillburn Realty LLC
since 2021
Last sale
$6.5M
5 recorded transactions
Zoning & alternative use
HC · Hillburn, 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 Hillburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillburn 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
$11,965,000
ML approach
$11,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.14M
Range $8.22M – $10.05M · ±10% · vs last sale $6.50M (May 11 2021)
Last sale anchor
$6.50M
May 11 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
—
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
$28,000
Assessed 2023
Previous assessed
$28,000
+0.0% YoY
Assessed land
$20,000
Assessed improvement
$8,000
Land market value
$14,000
Improvement market value
$5,600
Total market value
$19,600
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.93 ac (40,511 SF)
Zoning code
HC
APN
392601 47.14-1-5.2
UPID
US63-3668772
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
HC · Hillburn, NY
Zoning HC · permitted uses
HC · Hillburn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Crossroads Hillburn Realty LLC
Entity
Mailing address
3 GLENBROOK DR, PARK RIDGE, NJ 07656-1865
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
May 11, 2021
$6,500,000
Crossroads Hillburn Realty LLC
Beautiful Acres INC
Bargain And Sale Deed
$4,225,000 · Lakeland Bank
Nov 22, 2019
—
Beautiful Acres INC
—
Deed
related
$3,645,000 · Oakhurst Opportunity Lndg Fund
—
—
Beautiful Acres INC
—
Deed Of Trust
related
$3,645,000 · Oakhurst Opportunity Lndg Fund
—
—
Beautiful Acres INC
—
Loan Modification, Consolidation And Extension
related
$1,900,000 · Freedom Bk
—
—
Beautiful Acres INC
—
Deed Of Trust
related
$422,615 · Freedom 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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