Property profile

487 Furrows Rd Holbrook, NY 11741

OFF-MARKET
Other investment properties
Property ID
US63-5978607
0.87 ac lot
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

The property includes a fenced-in yard area configured for outside storage and industrial or service-related uses, including contractors and steel or similar manufacturing. The building is arranged with approximately 1,920 square feet of warehouse/garage space on the first floor and approximately 1,600 square feet of office space on the second floor, totaling about 12,400 square feet overall. The facility features two drive-in doors and includes air-conditioned offices. The second-floor offices were recently renovated and contain a lounge area, conference room, kitchen, executive office, and bathroom. The property is designed to accommodate tenants requiring a combination of exterior storage and both office and warehouse space.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.87 ac (37,897 SF)
Zoning code IND1
APN 0500-068.00-01.00-006.000
UPID US63-5978607

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
  • Landscaping General Contractor

Location

487 Furrows Rd Holbrook, NY 11741-2725
Holbrook metro Census 146614 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2005
3 recorded transactions
2019
Price N/A
2005
$450,000
1969
Price N/A

Zoning & alternative use

IND1 · Holbrook, NY

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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