Property profile

394 Frst Ave Locust Valley, NY 11560

OFF-MARKET
Investment properties
Property ID
US63-0051271
1,323 SF 0.11 ac lot Built 1918
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1918
Construction FRAME
Total area 1,323 SF
Lot 0.11 ac (5,000 SF)
APN 30-033-00-0028
UPID US63-0051271

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
  • Nursing Home Retirement Community
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

394 Frst Ave Locust Valley, NY 11560-2139
Locust Valley metro Census 517802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$995k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2012
$625,000
2005
$590,000
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.2M +35.5%
Office building $935,000 +9.0%
Auto repair, garage $870,000 +1.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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