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Property profile & analytics
OFF-MARKET
Estimated value
$2,455,000
Distribution centers
685 Queens Ave Lindenhurst, NY 11757-3004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-0366396
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Total area
16,250 SF
Lot
1.55 ac (67,500 SF)
APN
0103-004.00-01.00-064.004
UPID
US63-0366396
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
-
One World Recycling, Inc : A Tunnel Hill Partner Waste Management Facility Hazardous Waste Disposal
-
Tri State Recycling Recycling Center Waste Management Facility
-
Graz Disposal Services Llc Garbage Collection Service Sanitation Service
-
Graz Waste Management Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$2.46M
Owner & transaction history
Winters Lindenhurst LLC · 3 yrs held
Winters Lindenhurst LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.9M
+13.1%
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 Lindenhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindenhurst 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
$2,385,000
ML approach
$2,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,470,000
Current use
INDUSTRIAL (GENERAL)
$3,920,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$2.46M
Range $2.21M – $2.70M · ±10% · vs last sale $2.46M (Dec 27 2022)
Last sale anchor
$2.46M
Dec 27 2022
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
$151 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$19,970
Assessed 2023
Previous assessed
$19,970
+0.0% YoY
Assessed land
$2,330
Assessed improvement
$17,640
Land market value
$215,741
Improvement market value
$1,633,333
Total market value
$1,849,074
Applied tax rate
472,004.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Heating
NONE
Total area
16,250 SF
Lot
1.55 ac (67,500 SF)
APN
0103-004.00-01.00-064.004
UPID
US63-0366396
Jurisdiction
SUFFOLK
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
1.55 ac
Current owner
From public records · entity-resolved
Winters Lindenhurst LLC
Entity
Free & Clear · 3 yrs held
Mailing address
120 NANCY ST, WEST BABYLON, NY 11704-1437
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Winter S Lindenhurst
—
Deed
related
$246,000 · Comerica Bank
Dec 27, 2022
$2,460,000
Winters Lindenhurst LLC
One Wold Recycling LLC
Deed
—
Aug 30, 2016
—
One World Recycling LLC
—
Deed
related
$1,000,000 · Comerica Bk
Dec 20, 2012
$3,000,000
One World Recycling LLC
Synthesis Properties INC
Grant Deed
—
—
—
One World Recyling LLC
—
Deed Of Trust
related
$1,000,000 · Commercial Bank
—
—
Synthesis Properties INC
—
Deed Of Trust
related
$425,000 · Brooklyn Bridle Iron & Steel
—
—
One World Recycling LLC
—
Loan Modification
related
$1,000,000 · Comerica Bk
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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