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Property profile & analytics
OFF-MARKET
Parking lots & garages
415 Corwin St Riverhead, NY 11901-4610
Trust Owned
12-yr Hold
Free & Clear
Property ID
US63-2227110
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1940
Total area
984 SF
Lot
0.25 ac (10,890 SF)
Zoning code
DC-5
APN
0600-127.00-01.00-019.000
UPID
US63-2227110
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bissett,james JR 2012 Trust · 12 yrs held
Bissett,james JR 2012 Trust
since 2014
2 recorded transactions
Zoning & alternative use
DC-5 · Riverhead, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Renewal Area Overlay District (§ 301-151.1 - § 301-151.11) Article XXXII Downtown Center 4: Office/Residential Transition (DC-4) Zoning Use District (§ 301-152 - § 301-155) Article XXXIII Downtown Center 5: Residential (DC-5) Zoning Use District (§ 301-156 - § 301-159) Article XXXIV Peconic River Community (PRC) Zoning Use District (§ 301-160 - § 301-162) Ar…
Zone name
Downtown Center 5 Residential
General category
COMMERCIAL
Zone area
22.89 ac
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 Riverhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverhead 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$14,200
Assessed 2023
Previous assessed
$14,200
+0.0% YoY
Assessed land
$14,200
Land market value
$152,853
Total market value
$152,853
Applied tax rate
473,002.0000
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
Year built
1940
Heating
STEAM
Stories
2
Bathrooms
1
Total area
984 SF
Lot
0.25 ac (10,890 SF)
Zoning code
DC-5
APN
0600-127.00-01.00-019.000
UPID
US63-2227110
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
DC-5 · Riverhead, NYZoning DC-5 · permitted uses
DC-5 · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Renewal Area Overlay District (§ 301-151.1 - § 301-151.11) Article XXXII Downtown Center 4: Office/Residential Transition (DC-4) Zoning Use District (§ 301-152 - § 301-155) Article XXXIII Downtown Center 5: Residential (DC-5) Zoning Use District (§ 301-156 - § 301-159) Article XXXIV Peconic River Community (PRC) Zoning Use District (§ 301-160 - § 301-162) Article XXXV Riverfront Corridor (RFC) Zoning Use District (§ 301-163 - § 301-166) Art
Zone name
Downtown Center 5 Residential
General category
COMMERCIAL
Zone area
22.89 ac
Building & site characteristics
From public records
Year built
1940
Heating
STEAM
Stories
2
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bissett,james JR 2012 Trust
Trust
Free & Clear · 12 yrs held
Mailing address
100 COMAC ST, RONKONKOMA, NY 11779-6928
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2014
$1,300,000
Bissett,james JR 2012 Trust
Riverhead Fire District
Grant Deed
—
Jan 19, 2001
—
Riverhead Fire District
Riverhead Building Supply Corp
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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