Back to Search
Property profile & analytics
OFF-MARKET
Banks
626 Deer Park Ave Babylon, NY 11702-1323
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-3930195
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Lot
0.47 ac (20,550 SF)
Zoning code
C
APN
0100-161.00-03.00-056.000
UPID
US63-3930195
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
-
Dr. Matthew M Lin Physician
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
Amarilis Castellano · 5 yrs held
Amarilis Castellano
since 2020
Last sale
$440,000
2 recorded transactions
Zoning & alternative use
C · Babylon, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In an M.R. Multiple Residence District, no building or premises shall be used and no building shall hereafter be erected, unless otherwise provided in this chapter, except for use as a multiple residence or such use permitted in an A Residence District.
Zone name
Residence District
General category
RESIDENTIAL
Zone area
5,245.63 ac
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 Babylon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Babylon 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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$6,860
Assessed 2023
Previous assessed
$6,860
+0.0% YoY
Assessed land
$2,740
Assessed improvement
$4,120
Land market value
$4,152
Improvement market value
$6,242
Total market value
$10,394
Applied tax rate
472,003.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.47 ac (20,550 SF)
Zoning code
C
APN
0100-161.00-03.00-056.000
UPID
US63-3930195
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
C · Babylon, NYZoning C · permitted uses
C · Babylon, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In an M.R. Multiple Residence District, no building or premises shall be used and no building shall hereafter be erected, unless otherwise provided in this chapter, except for use as a multiple residence or such use permitted in an A Residence District.
Zone name
Residence District
General category
RESIDENTIAL
Zone area
5,245.63 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.47 ac
Current owner
From public records · entity-resolved
Amarilis Castellano
Individual
Mailing address
153 S WINDSOR AVE, BRIGHTWATERS, NY 11718-1508
Ownership since
2020
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
Nov 2, 2020
$440,000
Amarilis Castellano
Hwang-lin Realty Co INC
Grant Deed
$308,000 · Hwang-lin Realty Co INC
—
—
Hwang Lin Realty Co INC
—
Deed Of Trust
related
$200,000 · Bank Of New York
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?”
You own 626 Deer Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
