New search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Investment properties
73 Powerhouse Rd, Roslyn Heights, NY 11577-2027
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-4149568
Property summary
AI-generated overview
This exceptional 1,400 square foot office space is ideally situated on the second floor of a building in Roslyn Heights, Nassau County. The property is classified as a traditional office, executive office, and is also suitable for medical office use, making it a versatile option for a variety of businesses. The space offers multiple tenancy options, providing flexibility for businesses of different sizes and needs. Convenience is a key feature, with easy access to public transportation, including proximity to the Long Island Rail Road (LIRR) and local bus lines. The building provides 24/7 access, ensuring operational flexibility for tenants. Ample storage space is available within the unit, addressing potential storage requirements. Furthermore, signage opportunities exist, providing excellent visibility and branding potential for your business. This prime location and comprehensive amenities make this office space an attractive opportunity for businesses seeking a well-equipped and conveniently located office in Nassau County. The space is ready for immediate occupancy.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
FRAME
Total area
672 SF
Lot
0.14 ac (6,250 SF)
APN
07-047-00-0850
UPID
US63-4149568
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
-
Chabad Jewish Learning Center Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$605k
Owner & transaction history
SAKHAI ELY
SAKHAI ELY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$590,000
+35.5%
Office building
$475,000
+9.0%
Auto repair, garage
$440,000
+1.5%
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 Roslyn Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roslyn Heights 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$435,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$475,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$385,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$900 / 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
$22,938
Tax year 2023
Assessed value
$4,565
Assessed 2023
Previous assessed
$4,565
+0.0% YoY
Effective rate
502.48%
On assessed value
Assessed land
$1,750
Assessed improvement
$2,815
Total market value
$456,500
Applied tax rate
718.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Total area
672 SF
Lot
0.14 ac (6,250 SF)
APN
07-047-00-0850
UPID
US63-4149568
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$435,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
OFFICE BUILDING
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$440,000
RETAIL STORES
Est. value
$385,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
SAKHAI ELY
Individual
Free & Clear · 0 yrs held
Mailing address
10 WINDSOR DR, OLD WESTBURY, NY 11568-1500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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?”
You own 73 Powerhouse Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
