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Property profile & analytics
FOR LEASE
Warehouses
709 Executive Blvd, Valley Cottage, NY 10989
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3146922
For Lease
1 / 2
$4,035,000
709 Executive Blvd, Valley Cottage, NY 10989
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
48,108 SF
Lot
6.55 ac (285,318 SF)
Zoning code
LI
APN
392089 52.15-1-1
UPID
US63-3146922
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
-
Swift Electrical Supply Building Supply Electrical Service
-
National Ramp Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.56M
Blend (final)
Blend
$4.04M
Owner & transaction history
Boulevard Ll 707-709 Executive · 17 yrs held
Boulevard Ll 707-709 Executive
since 2009
7 recorded transactions
Zoning & alternative use
LI · Valley Cottage, NY
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 Valley Cottage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Cottage 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±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
$84 / 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
Property tax & assessments
Assessed value
$1,037,000
Assessed 2023
Previous assessed
$1,037,000
+0.0% YoY
Assessed land
$149,300
Assessed improvement
$887,700
Land market value
$21,495
Improvement market value
$127,805
Total market value
$149,300
Applied tax rate
392,404.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1987
Heating
NONE
Cooling
PARTIAL
Stories
1
Total area
48,108 SF
Lot
6.55 ac (285,318 SF)
Zoning code
LI
APN
392089 52.15-1-1
UPID
US63-3146922
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Valley Cottage, NY
Zoning LI · permitted uses
LI · Valley Cottage, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Cottage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.55 ac
Current owner
From public records · entity-resolved
Boulevard Ll 707-709 Executive
Individual
Mailing address
2 PKWY RTE 17TH S, UPPER SADDLE RIVER, NJ 07458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Apr 15, 2009
—
Boulevard Ll 707-709 Executive
—
Deed Of Trust
related
$2,200,000 · American Equity Inv Life Ins
—
—
Boulevard Ll 707-709 Executive
—
Deed Of Trust
related
$630,579 · American Equity Inv Life Ins
—
—
707-709 Executive Boulevard Ll
—
Loan Modification
related
$4,400,000 · Lakeland Bk
—
—
707-709 Executive Boulevard Ll
—
Deed Of Trust
related
$360,966 · Lakeland Bk
—
—
707-709 Executive Blvd LLC
—
Deed Of Trust
related
$3,010,000 · State Farm Rlty Mtg
—
—
707-709 Executive Blvd LLC
—
Loan Modification
related
$3,380,000 · State Farm Rlty Mtg
—
—
Boulevard Ll 707-709 Executive
—
Deed Of Trust
related
$3,138,840 · American Equity Inv Life Ins
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?”
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