621 Broadway Amityville, NY 11701-2123
Property profile & analytics
621 Broadway Amityville, NY 11701-2123
- Showrooms
- 1,843 SF
- 0.27 lot acres
Property ID
US63-0234606
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Project Redirect / Social Service Agency / Charitable Organization
Property Details for 621 Broadway
- Year built
- 1958
- Lot size
- 0.27 lot acres
- Property size
- 1,843 SF
- Zone code
- E
- Property type
- Showrooms
- APN
- 0100-165.00-02.00-002.000
- APU
- 100165000200002000
Description
This 1,843 square foot commercial property located at 621 Broadway, Amityville, NY, presents a compelling investment opportunity. Currently leased to Halo Network, the property is zoned E Business and offers a strong, stable income stream. The existing lease agreement runs until July 31, 2025, providing immediate cash flow for the investor. The current monthly rent is $4,500 until July 31, 2023, increasing to $4,590 per month ($55,080 annually) from August 1, 2023, through the lease expiration. This translates to a net annual income of $36,000. The building is 100% occupied, minimizing vacancy risk. The property's size is ideal for a variety of commercial uses, given its E-zone designation. The building itself comprises 1,843 square feet, with approximately 5% dedicated to office space. This property is being offered for sale at $645,000 and represents a solid investment prospect with a predictable return. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $355,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $545,000
- 6.5%
- $505,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $417,000
Market price range: $165k - $431k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $555,000 Current use
- OFFICE BUILDING
- $880,000 Change: +58% Conversion: Easy
- AUTO REPAIR, GARAGE
- $675,000 Change: +22% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Amityville
- County
- Suffolk
- State
- New York
- Longitude
- -73.424
- Latitude
- 40.6961
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$1,000
$4,170
$5,170
-
$1,515
$6,318
$7,833
