Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,730,000
Commercial real estate
760 Springfield Ave 768 Irvington, NJ 07111-3645
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-2939576
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Construction
TYPE NOT SPECIFIED
Total area
70,603 SF
APN
09 00136-0000-00001
UPID
US59-2939576
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
-
sinnbysynn (Bike/Boat/Book/etc) Store Cosmetic Store
-
Still The Dubb on Springfield, LLC Convenience Store Grocery & Convenience Store
-
Fabulous Hair Design Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.99M
Blend (final)
Blend
$6.73M
Owner & transaction history
160 Ellis LLC · 1 yrs held
160 Ellis LLC
since 2025
7 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 Irvington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvington 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)
$10,305,000
Current use
Blend value · Realmo final
$6.73M
Range $6.06M – $7.40M · ±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
$95 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$108,535
Tax year 2022
Assessed value
$1,750,000
Assessed 2023
Previous assessed
$1,750,000
+0.0% YoY
Effective rate
6.20%
On assessed value
Assessed land
$289,000
Assessed improvement
$1,461,000
Land market value
$289,000
Improvement market value
$1,461,000
Total market value
$1,750,000
Applied tax rate
9.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1946
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
6
Units
50
Total area
70,603 SF
APN
09 00136-0000-00001
UPID
US59-2939576
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA 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
$10.3M
COMMERCIAL (GENERAL) Current
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
1946
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
6
Units
50
Current owner
From public records · entity-resolved
160 Ellis LLC
Entity
Mailing address
155 BAY RDG AVE, BROOKLYN, NY 11220-5108
Ownership since
2025
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 4, 2025
—
160 Ellis LLC
26 Winans Street Management LLC
Deed
$5,670,000 · Broadview Capital LLC
Mar 25, 2024
$650,000
26 Winans Street Management LLC
26 Winans Street Realty Corp
Deed
—
Jun 8, 2009
—
26 Winans Street Realty Corp
Ellis Equities LLC
Grant Deed
—
Apr 24, 2008
—
Ellis Equities LLC
Hdw 2005 LLC
Quit Claim Deed
related
—
Nov 15, 2007
—
Hdw 2005 LLC
Ellis Equities LLC
Grant Deed
—
May 12, 2004
$1,740,000
Ellis Equities LLC
160-166 Ellis Avenue Mngt LLC
Grant Deed
related
—
—
—
Ellis Equities LLC
—
Deed Of Trust
related
$1,400,000 · Citibank Fsb
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 760 Springfield Ave, Unit 768?
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.
