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Property profile & analytics
OFF-MARKET
Estimated value
$7,865,000
Office buildings
70 Red Oak Ln White Plains, NY 10604-3602
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1181407
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
5.53 ac (240,887 SF)
APN
552801 0621.-7
UPID
US63-1181407
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
-
Base One Technologies Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Winkler Michael P Accounting Firm Tax Preparation
-
Hessel Associates Inc Employment Agency
-
International Charter Group Employment Agency
-
Bronwyn A Scarso Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.87M
Owner & transaction history
Matri Family Trust LLC · 3 yrs held
Matri Family Trust LLC
since 2023
Last sale
$7.7M
4 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 White Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White Plains 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
$7,910,000
ML approach
$8,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.87M
Range $7.08M – $8.65M · ±10% · vs last sale $7.70M (May 12 2023)
Last sale anchor
$7.70M
May 12 2023
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
—
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
$185,000
Assessed 2023
Previous assessed
$185,000
+0.0% YoY
Assessed land
$55,300
Assessed improvement
$129,700
Land market value
$4,726,496
Improvement market value
$11,085,470
Total market value
$15,811,966
Applied tax rate
552,801.0000
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
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
5.53 ac (240,887 SF)
APN
552801 0621.-7
UPID
US63-1181407
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Heating
NONE
Lot
5.53 ac
Current owner
From public records · entity-resolved
Matri Family Trust LLC
Trust
Mailing address
168TH IRVING AVE STE 403D, PORT CHESTER, NY 10573-4111
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
$7,700,000
Matri Family Trust LLC
Usta National Tennis Center Incorpo
Bargain And Sale Deed
$4,900,000 · Usta National Tennis Center Incorpo
Dec 10, 2009
$175,000
William G Leahy
Harrison House Associates
Grant Deed
$140,000 · Wells Fargo Bank
Jun 12, 2007
$365,000
Ann Lanza
Shen,cheng
Grant Deed
—
May 24, 2007
$340,000
Christopher Morrissey
Nieves,mildred
Grant Deed
$255,000 · Mortgageit INC
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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