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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Office buildings
598 Tuckahoe Rd Yonkers, NY 10710-5713
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0326920
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Total area
10,200 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B
APN
551800 5.-5530-702
UPID
US63-0326920
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
-
Acrisure Yonkers, NY (Goodhart National Gorman Agency) Insurance Agency
-
FedEx Drop Box Postal Service Courier Service
-
Eric Rubinfeld Physician
-
Aesthetics of Westchester Spa & Massage Center Alternative Medicine Practice
-
Environmental Plastics Inc. Industrial Manufacturer Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.60M
Owner & transaction history
598 Tuckahoe Rd LLC · 2 yrs held
598 Tuckahoe Rd LLC
since 2024
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
B · Yonkers, NY
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 Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers 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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
$2,050,000
6.5%
$1,890,000
7%
$1,755,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,580,000
Current use
WAREHOUSE, STORAGE
$3,090,000
Change: -14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,055,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Jan 12 2024)
Last sale anchor
$2.60M
Jan 12 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
$255 / 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
Tax billed
$51,148
Tax year 2020
Assessed value
$50,325
Assessed 2023
Previous assessed
$50,325
+0.0% YoY
Effective rate
101.64%
On assessed value
Assessed land
$12,000
Assessed improvement
$38,325
Land market value
$670,391
Improvement market value
$2,141,061
Total market value
$2,811,452
Applied tax rate
551,800.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Heating
NONE
Buildings
1
Stories
2
Total area
10,200 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B
APN
551800 5.-5530-702
UPID
US63-0326920
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B · Yonkers, NY
Zoning B · permitted uses
B · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yonkers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (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
1975
Heating
NONE
Stories
2
Buildings
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
598 Tuckahoe Rd LLC
Entity
Mailing address
598 PO BOX 20449TH RD, FLORAL PARK, NY 11002-0449
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 12, 2024
$2,600,000
598 Tuckahoe Rd LLC
Tuckahoe Realty LLC
Bargain And Sale Deed
$2,200,000 · Fb Broadway Corp
Sep 13, 2001
$880,000
Tuckahoe Realty LLC
598 Realty Co
Grant Deed
—
—
—
Tuckahoe Realty LLC
—
Deed Of Trust
related
$5,250,000 · Jp Morgan Chase Bk
—
—
Tuckahoe Realty LLC
—
Loan Modification
related
$1,122,456 · Jp Morgan Chase Bk
—
—
Tuckahoe Realty LLC
—
Deed Of Trust
related
$187,221 · Dime Savings Bank New York
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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