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Property profile & analytics
OFF-MARKET
Estimated value
$49,540,000
Office buildings
615 Rte 303, Blauvelt, NY 10913-1168
Entity Owned
10-yr Hold
Free & Clear
Property ID
US63-6072836
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
215,345 SF
Lot
18.6 ac (810,216 SF)
Zoning code
LO
APN
392489 65.18-1-9
UPID
US63-6072836
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
$49.54M
Owner & transaction history
Advanced Manolta LLC · 10 yrs held
Advanced Manolta LLC
since 2016
7 recorded transactions
Zoning & alternative use
LO · Blauvelt, 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 Blauvelt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blauvelt 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
$230 / 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
$5,750,000
Assessed 2023
Previous assessed
$5,750,000
+0.0% YoY
Assessed land
$1,966,500
Assessed improvement
$3,783,500
Land market value
$5,519,225
Improvement market value
$10,618,861
Total market value
$16,138,086
Applied tax rate
392,401.0000
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
1969
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
215,345 SF
Lot
18.6 ac (810,216 SF)
Zoning code
LO
APN
392489 65.18-1-9
UPID
US63-6072836
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LO · Blauvelt, NY
Zoning LO · permitted uses
LO · Blauvelt, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blauvelt. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
18.6 ac
Current owner
From public records · entity-resolved
Advanced Manolta LLC
Entity
Free & Clear · 10 yrs held
Mailing address
614 RTE 303, BLAUVELT, NY 10913-1169
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2018
—
Advanced Manolta LLC
—
Loan Modification
related
$10,280,810 · Bank Of America
Jan 5, 2016
$742,950
Advanced Manolta LLC
Direct Invest-route 303 8 LLC
Grant Deed
—
Jan 5, 2016
$528,450
Advanced Manolta LLC
Direct Invest-route 303 10 LLC
Grant Deed
—
Jan 5, 2016
$310,700
Advanced Manolta LLC
Direct Invest-route 303 2 LLC
Grant Deed
—
Jan 5, 2016
$739,830
Advanced Manolta LLC
Direct Invest-route 303 3 LLC
Grant Deed
—
Jan 5, 2016
$492,570
Advanced Manolta LLC
Direct Invest-route 303 4 LLC
Grant Deed
—
Jan 5, 2016
$452,400
Advanced Manolta LLC
Direct Invest-route 303 19 LLC
Grant Deed
—
Jan 5, 2016
$855,010
Advanced Manolta LLC
Direct Invest-route 303 15 LLC
Grant Deed
—
Jan 5, 2016
$2,005,770
Advanced Manolta LLC
Direct Invest-route 303 1 LLC
Grant Deed
—
Jan 5, 2016
$487,500
Advanced Manolta LLC
Direct Invest-route 303 17 LLC
Grant Deed
—
Jan 5, 2016
$650,000
Advanced Manolta LLC
Direct Invest-route 303 6 LLC
Grant Deed
—
Jan 5, 2016
$520,000
Advanced Manolta LLC
Direct Invest-route 303 7 LLC
Grant Deed
—
Jan 5, 2016
$295,880
Advanced Manolta LLC
Direct Invest-route 303 16 LLC
Grant Deed
—
Jan 5, 2016
$325,520
Advanced Manolta LLC
Direct Invest-route 303 9 LLC
Grant Deed
—
Jul 13, 2006
$537,600
Direct Invest-route 303-19 LLC
Direct Invest-route 303 LLC
Grant Deed
related
—
Feb 17, 2006
$585,400
Direct Invest-route 303-4 LLC
Direct Invest-route 303 LLC
Grant Deed
related
—
Jan 6, 2006
$11,500,000
Direct Invest Route 303 LLC
Konica Minolta Business Solutions U
Bargain And Sale Deed
$9,300,000 · Citigroup Global Markets Realty Cor
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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