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Property profile & analytics
OFF-MARKET
Estimated value
$3,460,000
Medical Office Space
740 County Rd 39a, Southampton, NY 11968-5247
Individually Owned
10-yr Hold
Free & Clear
Property ID
US63-1683904
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2018
Total area
26,384 SF
Lot
2.2 ac (95,832 SF)
Zoning code
VILLA
APN
0904-010.00-01.00-030.004
UPID
US63-1683904
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
-
Phillips Family Cancer Center, Stony Brook University Cancer Center Southampton Medical Clinic
-
Kartik Mani Physician
-
Samuel Ryu Physician
-
Alexander Stessin Physician
-
Alexander Slade Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.46M
Owner & transaction history
Southampton Hospital Assn · 10 yrs held
Southampton Hospital Assn
since 2016
6 recorded transactions
Zoning & alternative use
VILLA · Southampton, 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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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)
$3,865,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,830,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,785,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,760,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,260,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±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
$131 / 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
$4,762,300
Assessed 2023
Previous assessed
$4,762,300
+0.0% YoY
Assessed land
$1,019,700
Assessed improvement
$3,742,600
Land market value
$1,545,000
Improvement market value
$5,670,606
Total market value
$7,215,606
Applied tax rate
473,606.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Buildings
2
Stories
3
Total area
26,384 SF
Lot
2.2 ac (95,832 SF)
Zoning code
VILLA
APN
0904-010.00-01.00-030.004
UPID
US63-1683904
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
VILLA · Southampton, NY
Zoning VILLA · permitted uses
VILLA · Southampton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2018
Heating
FORCED AIR
Stories
3
Buildings
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Southampton Hospital Assn
Individual
Free & Clear · 10 yrs held
Mailing address
240 MEETING HOUSE LN, SOUTHAMPTON, NY 11968-5009
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2017
—
Southampton Hospital Assn
—
Deed
related
$14,000,000 · Bank Of Ny Mellon
Jun 27, 2016
$3,175,100
Southampton Hospital Assn
Stachecki J R & H H Trust
Grant Deed
—
Jun 26, 2012
—
Bertha Stachecki
Stachecki,frank A
Quit Claim Deed
related
—
Sep 2, 2011
—
Joseph R Stachecki & Henrie Trust
Stachecki J R & H J Trust
Quit Claim Deed
related
—
Apr 4, 2006
—
Stachecki J R
Stachecki,j R
Quit Claim Deed
related
—
—
—
Southampton Hospital Assn
—
Deed Of Trust
related
$14,000,000 · Bank Of Ny Mellon
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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