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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Office buildings
610 Chestnut Rdg Rd, Chestnut Ridge, NY 10977-5622
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-2409424
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1961
Total area
1,659 SF
Lot
0.57 ac (24,829 SF)
Zoning code
2
APN
392615 63.05-1-21
UPID
US63-2409424
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
-
Concord Elevator Industries General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$728k
Blend (final)
Blend
$1.12M
Owner & transaction history
610 Chestnut LLC · 1 yrs held
610 Chestnut LLC
since 2025
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
2 · Chestnut Ridge, 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 Chestnut Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestnut Ridge 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
$1,125,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.10M (Feb 18 2025)
Last sale anchor
$1.10M
Feb 18 2025
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
$672 / 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
$74,400
Assessed 2023
Previous assessed
$74,400
+0.0% YoY
Assessed land
$26,600
Assessed improvement
$47,800
Land market value
$26,600
Improvement market value
$47,800
Total market value
$74,400
Applied tax rate
392,602.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1961
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
1,659 SF
Lot
0.57 ac (24,829 SF)
Zoning code
2
APN
392615 63.05-1-21
UPID
US63-2409424
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
2 · Chestnut Ridge, NY
Zoning 2 · permitted uses
2 · Chestnut Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestnut Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
610 Chestnut LLC
Entity
Free & Clear · 1 yrs held
Mailing address
610 CHESTNUT RDG RD, CHESTNUT RIDGE, NY 10977-5622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$1,100,000
610 Chestnut LLC
Fab Four INC
Bargain & Sale Deed
—
Jan 11, 2017
—
Fab Four INC
Concord 7 Elevator LLC
Grant Deed
related
—
Oct 17, 2014
$140,000
Concord 7 Elevator LLC
Fab Four INC
Grant Deed
$100,000 · Joseph Dibenedetto
—
—
Fab Four INC
—
Deed Of Trust
related
$458,903 · Manufacturers Traders & Trust
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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