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Property profile & analytics
FOR LEASE
Warehouses
614 Corporate Way, Valley Cottage, NY 10989
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US63-4357769
For Lease
1 / 2
$6,060,000
614 Corporate Way, Valley Cottage, NY 10989
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
70,800 SF
Lot
4.99 ac (217,364 SF)
Zoning code
LI
APN
392089 52.15-1-85
UPID
US63-4357769
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
-
GFC Lighting Wholesalers (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Star Press of Pearl River Marketing & Advertising Printing Service
-
Mt Vernon Machine Shop Industrial Manufacturer
-
Apollo Organic Synthesis Pharmacy
-
The MailHouse Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.32M
Comparable Approach
Comparable
$7.99M
Blend (final)
Blend
$6.06M
Owner & transaction history
Associates Of Rockland Cnty LLC
Associates Of Rockland Cnty LLC
2 recorded transactions
Zoning & alternative use
LI · Valley Cottage, 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 Valley Cottage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Cottage 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%
$9,015,000
6.5%
$8,320,000
7%
$7,725,000
Blend value · Realmo final
$6.06M
Range $5.45M – $6.67M · ±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
$86 / 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
$1,815,800
Assessed 2023
Previous assessed
$1,815,800
+0.0% YoY
Assessed land
$187,600
Assessed improvement
$1,628,200
Land market value
$19,382
Improvement market value
$168,218
Total market value
$187,600
Applied tax rate
392,404.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1987
Heating
HOT WATER
Cooling
PARTIAL
Stories
1
Total area
70,800 SF
Lot
4.99 ac (217,364 SF)
Zoning code
LI
APN
392089 52.15-1-85
UPID
US63-4357769
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Valley Cottage, NY
Zoning LI · permitted uses
LI · Valley Cottage, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Cottage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
Associates Of Rockland Cnty LLC
Entity
Mailing address
195 NN ST STE #1, TETERBORO, NJ 07608-1216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Associates Of Rockland Cnty LLC
—
Deed Of Trust
related
$7,642,765 · Redwood Com'l Mtg Corp
—
—
Associates Of Rockland Cnty LLC
—
Loan Modification
related
$19,950,000 · Redwood Com'l Mtg Corp
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?”
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