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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Office buildings
64 Division Ave, Levittown, NY 11756-2999
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US63-6136798
Property summary
AI-generated overview
This exceptional office space in Levittown, NY, offers a variety of configurations to suit diverse business needs. Located at 64 Division Ave, near Hempstead Turnpike, this property provides traditional, executive, and medical office suites. The building features four total suites, with individual office spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 1,000 square feet. Multiple tenancy options are available, allowing for flexibility in lease terms and space requirements. The building includes elevator access for convenient movement between floors. Parking is readily available in a nearby municipal lot, eliminating the hassle of finding parking. The property is zoned for office use and offers immediate occupancy, allowing businesses to quickly establish their presence. This prime location offers easy access to the Wantagh Parkway, ensuring convenient commuting for employees and clients. The address is 64 Division Ave, Levittown, NY 11756. This is an excellent opportunity for businesses seeking a well-located, functional, and adaptable workspace in a thriving community.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,300 SF
Lot
0.24 ac (10,260 SF)
APN
45-00M-00-0031
UPID
US63-6136798
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
-
Majestic Metals Inc Production Facility Metal Fabrication Plant
-
Anglestone Real Estate Venture Partners Real Estate Agency
-
The Latronica Law Firm, P.C. Law Firm
-
Dino Di Rienzo Law Offices Law Firm
-
Levittown Dental Group Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
Madison Group Holdings LLC · 21 yrs held
Madison Group Holdings LLC
since 2005
2 recorded transactions
Zoning & alternative use
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 Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown 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%
$1,925,000
6.5%
$1,780,000
7%
$1,650,000
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$272 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$167,001
Tax year 2023
Assessed value
$17,432
Assessed 2023
Previous assessed
$20,332
-14.3% YoY
Effective rate
958.01%
On assessed value
Assessed land
$2,155
Assessed improvement
$15,277
Total market value
$1,743,200
Applied tax rate
5.0000
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
PROFESSIONAL BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
6,300 SF
Lot
0.24 ac (10,260 SF)
APN
45-00M-00-0031
UPID
US63-6136798
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Madison Group Holdings LLC
Entity
Mailing address
64 DIVISION AVE, LEVITTOWN, NY 11756-2999
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Jan 6, 2005
—
Madison Group Holdings LLC
64 Division LLC
Grant Deed
$1,200,000 · Greenpoint Mortgage Funding
—
—
Madison Group Holdings LLC
—
Deed Of Trust
related
$280,298 · Bethpage FCU
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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