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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Investment properties
5 Airmont Rd Suffern, NY 10901-5152
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-1245928
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2017
Total area
7,612 SF
Lot
0.79 ac (34,412 SF)
Zoning code
05 - COMMERCIAL
APN
392621 55.11-1-29
UPID
US63-1245928
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
Current use
Occupant on record · Public records
-
AFC Urgent Care Airmont Medical Clinic
-
Club Pilates Gym & Fitness Center
-
טועמיה Toameha Restaurant
-
HENRY M BAQUIRAN Medical Clinic
-
Rajesh Gupta Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.66M
Owner & transaction history
Iodice 5 North Airmont LLC · 1 yrs held
Iodice 5 North Airmont LLC
since 2024
5 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Suffern, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.7M
+9.1%
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 Suffern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suffern 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,505,000
Current use
WAREHOUSE, STORAGE
$2,735,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,350,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,270,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$218 / 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
$247,700
Assessed 2023
Previous assessed
$247,700
+0.0% YoY
Assessed land
$92,000
Assessed improvement
$155,700
Land market value
$47,170
Improvement market value
$79,830
Total market value
$127,000
Applied tax rate
392,601.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,612 SF
Lot
0.79 ac (34,412 SF)
Zoning code
05 - COMMERCIAL
APN
392621 55.11-1-29
UPID
US63-1245928
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
05 - COMMERCIAL · Suffern, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Suffern, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suffern. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2017
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Iodice 5 North Airmont LLC
Entity
Free & Clear · 1 yrs held
Mailing address
834 HAVERSTRAW RD, SUFFERN, NY 10901-2512
Ownership since
2024
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
Oct 15, 2024
—
Iodice 5 North Airmont LLC
Spqr Trust
Quitclaim Deed
related
—
Jun 26, 2019
—
Spqr Trust
Spqr Co INC
Quit Claim Deed
$2,950,000 · Webster Bk NA
Jun 29, 2012
—
Claudio Iodice
Spqr Co INC
Quit Claim Deed
related
—
Jun 15, 2004
—
S P Q R Co INC
Sichol,william R
Grant Deed
related
—
—
—
Spqr Trust
—
Deed Of Trust
related
$2,950,000 · Webster Bk NA
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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