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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Banks
49 Rte 59 Nyack, NY 10960-2912
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-6264836
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2018
Total area
3,622 SF
Lot
0.81 ac (35,284 SF)
APN
392005 65.35-1-7
UPID
US63-6264836
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$700k
Owner & transaction history
Jpmorgan Chase Bk Natl Assn · 8 yrs held
Jpmorgan Chase Bk Natl Assn
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$715,000
+26.9%
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 Nyack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nyack 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
by Request
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$565,000
Current use
AUTO REPAIR, GARAGE
$715,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$495,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$465,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
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
$193 / 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
Property tax & assessments
Assessed value
$461,650
Assessed 2023
Previous assessed
$461,650
+0.0% YoY
Assessed land
$190,200
Assessed improvement
$271,450
Land market value
$71,647
Improvement market value
$102,253
Total market value
$173,900
Applied tax rate
392,404.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2018
Heating
NONE
Stories
1
Total area
3,622 SF
Lot
0.81 ac (35,284 SF)
APN
392005 65.35-1-7
UPID
US63-6264836
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$495,000
OFFICE BUILDING
Est. value
$495,000
RETAIL STORES
Est. value
$465,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Jpmorgan Chase Bk Natl Assn
Individual
Free & Clear · 8 yrs held
Mailing address
1111 POLARIS PKWY, COLUMBUS, OH 43240-2031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 9, 2018
$2,100,000
Jpmorgan Chase Bk Natl Assn
Hudson 59 LLC
Grant Deed
—
Sep 20, 2013
$400,000
Hudson 59 LLC
Tsdv LLC
Grant Deed
—
Sep 20, 2013
$750,000
Hudson 59 LLC
Tsdv LLC
Grant Deed
—
Jan 9, 2012
—
Tsdv LLC
51 Route 59 LLC
Grant Deed
—
Nov 8, 2011
$400,000
Tsdv LLC
Acqua Capital LLC
Grant Deed
—
Sep 27, 2010
$1,349,847
51 Route 59 LLC
Referee Of Rockland County
Trustees Deed
related
—
Apr 14, 2010
$146,001
Acqua Capital LLC
Referee Of Rockland County
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 21, 2006
$490,000
Hong,bong K
Silver & Chris Corp
Grant Deed
$490,000 · Nara Bk
Aug 11, 2005
—
Silver & Chris Corp
Un Y Chun
Grant Deed
related
—
May 11, 2005
$435,000
Un Ye Chun
M C Corp Of Stoney Point
Bargain And Sale Deed
$326,000 · Woori America Bank
Apr 6, 2005
$1,100,000
Thruway Realty INC
51 Route 59 LLC
Grant Deed
$1,000,000 · 51 Route 59 LLC
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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