New search
Property profile & analytics
FOR SALE
Office buildings
420 Crossways Park Dr, Woodbury, NY 11797
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1600000
For Sale
1 / 2
$8,435,000
420 Crossways Park Dr, Woodbury, NY 11797
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,000 SF
Lot
2.03 ac (88,427 SF)
APN
15-184-00-0036
UPID
US63-1600000
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
$8.55M
CAP Approach
CAP
$9.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.44M
Owner & transaction history
420 Crossways Park Drive LLC · 3 yrs held
420 Crossways Park Drive LLC
since 2022
Last sale
$8.2M
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
$8,880,000
ML approach
$8,550,000
CAP Approach
CAP Return
Estimation
6%
$10,700,000
6.5%
$9,875,000
7%
$9,170,000
Blend value · Realmo final
$8.44M
Range $7.59M – $9.28M · ±10% · vs last sale $8.15M (Oct 20 2022)
Last sale anchor
$8.15M
Oct 20 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
$241 / 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
$301,424
Tax year 2023
Assessed value
$56,625
Assessed 2023
Previous assessed
$56,625
+0.0% YoY
Effective rate
532.32%
On assessed value
Assessed land
$19,896
Assessed improvement
$36,729
Total market value
$5,662,500
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
For Sale
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
35,000 SF
Lot
2.03 ac (88,427 SF)
APN
15-184-00-0036
UPID
US63-1600000
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
420 Crossways Park Drive LLC
Entity
Mailing address
2501 SEAPORT DR, CHESTER, PA 19013-2249
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
$8,150,000
420 Crossways Park Drive LLC
Jen 420 LLC
Bargain And Sale Deed
$6,927,500 · Fulton Bank NA
Jan 14, 2022
$5,775,000
Jen 420 LLC
Rxr 420 Crossways Park Drive Owner
Bargain And Sale Deed
$3,465,000 · Cross River Bank
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
Oct 20, 2017
—
Rxr 420 Crossways Park Drive
—
Grant Deed
related
$1,120,560 · Other Institutional Lenders
Oct 28, 2014
—
420 Crossways Park Drive Rxr
—
Grant Deed
related
$6,000,000 · Woodbury Sl Nt-ii LLC
Oct 23, 2014
—
420 Crossways Park West Rxr
Clk-hp 420 Crossways Park Dr
Grant Deed
—
Mar 9, 2012
—
Park 400 Crossways Park Lake
—
Deed Of Trust
related
$63,500,000 · Us Bank NA
Apr 4, 2005
$6,206,355
Park 420 Crossways Pk Dr Lake
Industrial & Research Assoc Ll
Grant Deed
—
—
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
