New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,395,000
Distribution centers
555 White Plns Rd, Tarrytown, NY 10591-5109
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-6261574
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1971
Total area
121,730 SF
Lot
4.2 ac (182,952 SF)
APN
552689 7.160-41-4
UPID
US63-6261574
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
$10.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.40M
Owner & transaction history
Farrell Storage 555 Wpr LLC · 4 yrs held
Farrell Storage 555 Wpr LLC
since 2021
Last sale
$10.3M
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 Tarrytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarrytown 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
$10,175,000
ML approach
$10,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.40M
Range $9.36M – $11.43M · ±10% · vs last sale $10.35M (May 22 2024)
Last sale anchor
$10.35M
May 22 2024
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
$85 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$9,408,000
Assessed 2023
Previous assessed
$7,625,400
+23.4% YoY
Assessed land
$4,673,600
Assessed improvement
$4,734,400
Land market value
$4,673,600
Improvement market value
$4,734,400
Total market value
$9,408,000
Applied tax rate
552,602.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1971
Heating
NONE
Total area
121,730 SF
Lot
4.2 ac (182,952 SF)
APN
552689 7.160-41-4
UPID
US63-6261574
Jurisdiction
WESTCHESTER
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
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Lot
4.2 ac
Current owner
From public records · entity-resolved
Farrell Storage 555 Wpr LLC
Entity
Mailing address
PO BOX 14, BRIDGEHAMPTON, NY 11932-0014
Ownership since
2021
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
Aug 6, 2021
$8,850,000
Farrell Storage 555 Wpr LLC
Rmc 555 Wpr LLC
Bargain And Sale Deed
$1,281,000 · Investors Bank
Jun 1, 2017
$5,475,000
Rmc 555 Wtpr LLC
Rai 555 Hite Plains Road Owner
Grant Deed
$4,000,000 · Lender 555 Wpr LLC
Jan 21, 2016
—
Ra 555 White Plains Road Own
—
Grant Deed
related
$9,835,875 · Delphi Cre Fndg
May 9, 2007
—
Ra 555 White Plains Road Owner
Ra 555 White Plains Road LLC
Quit Claim Deed
related
—
Nov 21, 2005
$13,309,814
Ra 555 White Plains Road LLC
Reckson Operating Ptshp
Grant Deed
—
—
—
Ra 555 White Plains Road Own
—
Loan Modification
related
$71,949,124 · Delphi Cre Fndg
—
—
Rmc 555 Wpr LLC
—
Loan Modification, Consolidation And Extension
related
$4,000,000 · Fieldpoint Private Bk & Tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 555 White Plns Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
