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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Banks
79 Main St, Port Washington, NY 11050-2959
Entity Owned
11-yr Hold
Free & Clear
Property ID
US63-6074268
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,365 SF
Lot
0.11 ac (4,646 SF)
APN
05-00G-00-0001
UPID
US63-6074268
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
-
Client Solution Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Jean-Pierre Uys Photography / New York Photography Service (Bike/Boat/Book/etc) Store
-
Roslow Research Group Advertising Agency
-
Advertising Gifts Inc Advertising Agency Marketing & Advertising
-
Zucker Asset Group, Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Chapin I Corp · 11 yrs held
Chapin I Corp
since 2014
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 Port Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Washington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$139 / 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
$67,842
Tax year 2023
Assessed value
$13,542
Assessed 2023
Previous assessed
$8,593
+57.6% YoY
Effective rate
500.97%
On assessed value
Assessed land
$1,622
Assessed improvement
$11,920
Total market value
$1,354,200
Applied tax rate
809.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
4,365 SF
Lot
0.11 ac (4,646 SF)
APN
05-00G-00-0001
UPID
US63-6074268
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
Building & site characteristics
From public records
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Chapin I Corp
Entity
Free & Clear · 11 yrs held
Mailing address
79 MAIN ST STE #303, PORT WASHINGTON, NY 11050-2938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2016
—
Chapin I Corp
—
Deed
related
$269,801 · Nassau Educators FCU
Nov 26, 2014
$2,000,000
Chapin I Corp
79 Main St Realty Corp
Bargain And Sale Deed
—
Nov 20, 2013
$257,500
130420 LLC
130420 LLC 79 Main St
Grant Deed
related
—
Jan 19, 2006
$950,000
79 Main St Realty Corp
First States 5300 LLC
Grant Deed
$750,000 · Robert Eisenoff
—
—
Chapin I Corp
—
Deed Of Trust
related
$300,000 · Nassau Educators FCU
—
—
79 Main St Realty Corp
—
Deed Of Trust
related
$262,618 · Nassau Educators FCU
—
—
Chapin I Corp
—
Deed Of Trust
related
$269,801 · Nassau Educators FCU
—
—
79 Main St Realty Corp
—
Deed Of Trust
related
$316,177 · Greenpoint Mortgage Funding
—
—
79 Main St Realty Corp
—
Deed Of Trust
related
$1,087,000 · Greenpoint Mortgage Funding
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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