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Property profile & analytics
OFF-MARKET
Estimated value
$12,545,000
Manufacturing properties
7000 New Horizons Blvd, Amityville, NY 11701-1148
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-6019098
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
56,981 SF
Lot
3.3 ac (143,748 SF)
APN
0100-126.01-01.00-004.052
UPID
US63-6019098
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
-
Multi Packaging Solutions Inc Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.45M
Comparable Approach
Comparable
$16.92M
Blend (final)
Blend
$12.55M
Owner & transaction history
4 Scaramelli LLC · 9 yrs held
4 Scaramelli LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.1M
+24.6%
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 Amityville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amityville 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%
$13,485,000
6.5%
$12,445,000
7%
$11,555,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,750,000
Current use
COMMERCIAL (GENERAL)
$17,130,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,160,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$12.55M
Range $11.29M – $13.80M · ±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
$220 / 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
$66,520
Assessed 2023
Previous assessed
$66,520
+0.0% YoY
Assessed land
$16,500
Assessed improvement
$50,020
Land market value
$25,000
Improvement market value
$75,788
Total market value
$100,788
Applied tax rate
472,005.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Total area
56,981 SF
Lot
3.3 ac (143,748 SF)
APN
0100-126.01-01.00-004.052
UPID
US63-6019098
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
INDUSTRIAL (GENERAL) Current
Est. value
$13.8M
COMMERCIAL (GENERAL)
Est. value
$17.1M
WAREHOUSE, STORAGE
Est. value
$12.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1984
Heating
NONE
Lot
3.3 ac
Current owner
From public records · entity-resolved
4 Scaramelli LLC
Entity
Mailing address
47 W MAIN ST STE #3, BABYLON, NY 11702-3423
Ownership since
2016
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
Aug 11, 2022
—
Babylon Industrial Dev
—
Deed
related
$4,000,000 · Bank Of America NA
Dec 14, 2016
$8,194,912
4 Scaramelli LLC
New Measures LLC
Grant Deed
$4,350,000 · Bank Of America
Dec 28, 2015
—
New Measures LLC
Town Of Babylon Indl Dev Agcy
Grant Deed
related
—
Nov 17, 2011
—
Town Of Babylon Indl Dev Agcy
New Measures LLC
Grant Deed
related
—
Feb 28, 2011
$5,298,832
New Measures LLC
Executive Blvd LLC
Warranty Deed
—
Oct 17, 2006
$5,120,190
Executive Blvd LLC
Ivy Hill Corp
Grant Deed
—
—
—
Ivy Hill Corp
—
Deed Of Trust
related
$2,880,000 · Citicorp North America
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
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