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Property profile & analytics
OFF-MARKET
Estimated value
$12,505,000
Strip malls
7979 Jericho Tpke, Woodbury, NY 11797
Individually Owned
4-yr Hold
Free & Clear
Property ID
US63-2521345
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,535 SF
Lot
4.53 ac (197,414 SF)
APN
14-00D-00-0737
UPID
US63-2521345
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.51M
Owner & transaction history
John Cassella · 4 yrs held
John Cassella
since 2021
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 Woodbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury 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
$410 / 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
$516,099
Tax year 2023
Assessed value
$78,392
Assessed 2023
Previous assessed
$78,392
+0.0% YoY
Effective rate
658.36%
On assessed value
Assessed land
$78,392
Total market value
$7,839,200
Applied tax rate
622.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
30,535 SF
Lot
4.53 ac (197,414 SF)
APN
14-00D-00-0737
UPID
US63-2521345
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.53 ac
Current owner
From public records · entity-resolved
John Cassella
Individual
Free & Clear · 4 yrs held
Mailing address
7977 JERICHO TPKE STE #201, WOODBURY, NY 11797-1210
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
—
John Cassella
Luchetti Trust
Bargain And Sale Deed
—
Aug 7, 2019
—
John Cassella
John Cassella
Quit Claim Deed
related
—
Jun 19, 2017
—
Foley,cynthia V Living Trust
Van Sise-foley,cynthia
Quit Claim Deed
—
Feb 1, 2017
—
Luchetti,janis D Living Trust
Vansise,harold B
Quit Claim Deed
—
Mar 2, 2015
—
Cynthia Van Sise-foley
Vansise Harold B
Quit Claim Deed
related
—
Dec 27, 2013
—
Karen Garvin
Jorgensen Edna M Trust
Grant Deed
related
—
Jul 25, 2013
—
Jorgensen,edna M Living Trust
Jorgensen,edna M
Quit Claim Deed
related
—
Sep 14, 2010
—
Stavan Center LP
—
Deed Of Trust
related
$7,800,000 · Principal Life Insurance Co
Jul 9, 2009
—
Harold B Vansise
Vansise Harold S
Quit Claim Deed
related
—
—
—
Stavan Ctr
—
Loan Modification, Consolidation And Extension
related
$3,579,394 · Woodbury Vlg Mtg Co
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
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