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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Investment properties
507 Newbridge Rd East Meadow, NY 11554
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2291021
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2022
Total area
11,000 SF
Lot
0.26 ac (11,282 SF)
APN
51-018-00-0001
UPID
US63-2291021
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Aldrich Management Co LLC · 17 yrs held
Aldrich Management Co LLC
since 2008
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 East Meadow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Meadow 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$137 / 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
$24,425
Tax year 2023
Assessed value
$3,216
Assessed 2023
Previous assessed
$3,216
+0.0% YoY
Effective rate
759.48%
On assessed value
Assessed land
$2,954
Assessed improvement
$262
Total market value
$321,600
Applied tax rate
328.0000
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
2022
Heating
NONE
Total area
11,000 SF
Lot
0.26 ac (11,282 SF)
APN
51-018-00-0001
UPID
US63-2291021
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
2022
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Aldrich Management Co LLC
Entity
Mailing address
1975 HEMPSTEAD TPKE STE #309, EAST MEADOW, NY 11554-1703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
Aldrich Management Co LLC
—
Deed
related
$1,993,127 · Suffolk FCU
Mar 6, 2018
—
Aldrich Management Co LLC
—
Loan Modification, Consolidation And Extension
related
$1,903,147 · Investors Bk
Sep 3, 2008
—
Aldrich Management Co LLC
Rodger John A Revocable Living
Grant Deed
$2,625,000 · Astoria Federal S&l Assn
Feb 9, 2006
—
Rodger John A Trust
Rodger,john A
Quit Claim Deed
related
—
Jan 15, 2004
—
John A Rodger
Rodger,john A
Quit Claim Deed
related
—
—
—
John A Rodger
—
Deed Of Trust
related
$216,627 · Astoria Federal S&l Assn
—
—
Aldrich Management Co LLC
—
Deed Of Trust
related
$796,852 · Investors Bk
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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