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Property profile & analytics
OFF-MARKET
Estimated value
$5,195,000
Office buildings
357 Crossways Park Dr, Woodbury, NY 11797-2042
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-6187224
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,620 SF
Lot
1.7 ac (74,008 SF)
APN
15-183-00-0055
UPID
US63-6187224
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
-
Henry Schein Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
$7.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
Crossways 357 Realty LLC · 4 yrs held
Crossways 357 Realty LLC
since 2022
Last sale
$5.0M
7 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 Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury 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
$5,450,000
ML approach
$5,330,000
CAP Approach
CAP Return
Estimation
6%
$7,830,000
6.5%
$7,230,000
7%
$6,715,000
Blend value · Realmo final
$5.20M
Range $4.68M – $5.71M · ±10% · vs last sale $5.00M (Jun 3 2022)
Last sale anchor
$5.00M
Jun 3 2022
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
$203 / 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
$162,046
Tax year 2023
Assessed value
$25,567
Assessed 2023
Previous assessed
$25,567
+0.0% YoY
Effective rate
633.81%
On assessed value
Assessed land
$10,100
Assessed improvement
$15,467
Total market value
$2,556,700
Applied tax rate
625.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
25,620 SF
Lot
1.7 ac (74,008 SF)
APN
15-183-00-0055
UPID
US63-6187224
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
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Crossways 357 Realty LLC
Entity
Mailing address
625 RXR PLZ STE STE101, UNIONDALE, NY 11556-3815
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Crossways 357 Realty LLC
—
Deed
related
$3,000,000 · East West Bank
Jun 3, 2022
$5,000,000
Crossways 357 Realty LLC
Rxr 357 Crssways Park Drive Owner L
Bargain And Sale Deed
—
Oct 13, 2020
—
Mohamed Aleem
—
Deed
related
$422,000 · Jp Morgan Chase Bk
Oct 2, 2020
—
Rxr 420 Crossways Pk Drive Own
—
Deed
related
$75,708,854 · Other Institutional Lenders
Sep 18, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Grant Deed
related
$22,290,324 · Other Institutional Lenders
Mar 19, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification, Consolidation And Extension
related
$3,897,148 · Other Institutional Lenders
Jan 8, 2019
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification, Consolidation And Extension
related
$107,823,248 · Other Institutional Lenders
Oct 20, 2017
—
Rxr 420 Crossways Park Drive
—
Grant Deed
related
$1,120,560 · Other Institutional Lenders
Oct 23, 2014
—
357 Crossways Park Drive Rxr
Clk-hp 357 Crossways Park Dr
Grant Deed
$6,000,000 · Woodbury Sl Nt-ii LLC
Mar 9, 2012
—
Park 280crossways Park Dr Lake
—
Deed Of Trust
related
$163,595 · Us Bank NA
Apr 4, 2005
$3,672,902
Park 357 Crossways Pk Dr Lake
Industrial & Research Assoc Ll
Grant Deed
—
—
—
Mohamed Aleem
—
Loan Modification, Consolidation And Extension
related
$422,000 · Jp Morgan Chase Bk
—
—
Rxr 420 Crossways Pk Drive Own
—
Loan Modification, Consolidation And Extension
related
$75,708,854 · Other Institutional Lenders
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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