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Property profile & analytics
FOR LEASE
Warehouses
616 Corporate Way, Valley Cottage, NY 10989
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-4467376
For Lease
1 / 2
Contact for pricing
616 Corporate Way, Valley Cottage, NY 10989
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
64,000 SF
Lot
5.32 ac (231,739 SF)
Zoning code
05 - COMMERCIAL
APN
392089 52.15-1-84.1
UPID
US63-4467376
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
-
Aero Healthcare US Big Box & Wholesale Store
-
Advantage auto loans Bank Credit Union
-
Steve's SEO LLC Marketing & Advertising
-
Rock Design - Professional Online Marketing & Website Building Marketing & Advertising
-
MP-Soft USA Computer Wholesaler Computer Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rcd Park Land Owner LLC · 5 yrs held
Rcd Park Land Owner LLC
since 2021
Last sale
$62.8M
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,483,500
Assessed 2023
Previous assessed
$1,483,500
+0.0% YoY
Assessed land
$170,000
Assessed improvement
$1,313,500
Land market value
$54,650
Improvement market value
$422,250
Total market value
$476,900
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
2007
Heating
NONE
Cooling
PARTIAL
Stories
1
Total area
64,000 SF
Lot
5.32 ac (231,739 SF)
Zoning code
05 - COMMERCIAL
APN
392089 52.15-1-84.1
UPID
US63-4467376
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
05 - COMMERCIAL · Valley Cottage, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · 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
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.32 ac
Current owner
From public records · entity-resolved
Rcd Park Land Owner LLC
Entity
Mailing address
STE 803RD 803, EAST RUTHERFORD, NJ 07073
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
$48,500,000
Rcd Park Land Owner LLC
Garelick Holdco LLC
Bargain And Sale Deed
$20,951,844 · Fidelity & Guaranty Life Ins
Feb 4, 2020
—
Garelick Holdco LLC
Urarn Associates LLC
Grant Deed
—
May 7, 2008
—
Urarn Associates LLC
Urarn Associates
Quit Claim Deed
$9,500,000 · Southern Farm Bureau Life Ins
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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