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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Parking lots & garages
49 Virginia Ave West Nyack, NY 10994
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-4467261
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1975
Total area
4,730 SF
Lot
0.53 ac (23,087 SF)
Zoning code
LI
APN
392089 65.6-1-41
UPID
US63-4467261
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
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$570k
Owner & transaction history
Bd Palisades Center Holdings LLC
Bd Palisades Center Holdings LLC
since 2026
5 recorded transactions
Zoning & alternative use
LI · West Nyack, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$935,000
+36.1%
Office building
$840,000
+22.1%
Commercial (general)
$765,000
+11.3%
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 West Nyack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$685,000
Current use
AUTO REPAIR, GARAGE
$935,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$605,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$121 / 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
$131,643
Assessed 2023
Previous assessed
$131,643
+0.0% YoY
Assessed land
$131,643
Land market value
$155,400
Total market value
$155,400
Applied tax rate
392,001.0000
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
1975
Heating
NONE
Stories
1
Total area
4,730 SF
Lot
0.53 ac (23,087 SF)
Zoning code
LI
APN
392089 65.6-1-41
UPID
US63-4467261
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · West Nyack, NY
Zoning LI · permitted uses
LI · West Nyack, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Nyack. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$935,000
OFFICE BUILDING
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$605,000
PARKING LOT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1975
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Bd Palisades Center Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4 S CLINTON ST, SYRACUSE, NY 13202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
$197,300,000
Bd Palisades Center Holdings LLC
Rockland County Referee
Deed
related
—
Apr 28, 2011
—
Lt Propco LLC
—
Deed Of Trust
related
$18,060,568 · Us Bank NA Series 2006-1 (ce)
Jun 29, 2009
—
Lt Propco LLC
—
Deed Of Trust
related
$18,060,568 · Us Bank NA
Jun 7, 2004
—
Eklecco Newco LLC
Eklecco LLC
Quit Claim Deed
related
$550,000,000 · German American Capital Corp
—
—
Lt Propco LLC
—
Deed Of Trust
related
$450,000 · Credit Suisse Ag
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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