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Property profile & analytics
OFF-MARKET
Estimated value
$6,000,000
Office buildings
8 Bond St Great Neck, NY 11021-2448
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0251294
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,726 SF
Lot
0.2 ac (8,815 SF)
APN
02-196-00-0043
UPID
US63-0251294
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
-
THE Collection (Bike/Boat/Book/etc) Store
-
Agulnick & Gogel LLC Law Firm
-
Neil R Finkston Law Office Law Firm
-
Spineli Salvatore Law Firm
-
Dr. Thomas Coghlan Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.00M
Owner & transaction history
8 Bond Street Commons LLC · 2 yrs held
8 Bond Street Commons LLC
since 2024
Last sale
$6.0M
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 Great Neck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Great Neck 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
$6,000,000
ML approach
$6,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.00M
Range $5.40M – $6.60M · ±10% · vs last sale $6.00M (Jul 29 2024)
Last sale anchor
$6.00M
Jul 29 2024
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
$2,201 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$57,879
Tax year 2024
Assessed value
$30,623
Assessed 2024
Previous assessed
$30,623
+0.0% YoY
Effective rate
189.00%
On assessed value
Assessed land
$30,622
Assessed improvement
$1.00
Total market value
$3,062,300
Applied tax rate
817.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
2,726 SF
Lot
0.2 ac (8,815 SF)
APN
02-196-00-0043
UPID
US63-0251294
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
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
8 Bond Street Commons LLC
Entity
Mailing address
48 E OLD COUNTRY RD STE #203, MINEOLA, NY 11501-4639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 15, 2024
—
1437 Onb LLC
—
Deed
related
$10,600,000 · Starwood Mortgage Capital LLC
Jul 29, 2024
$6,000,000
8 Bond Street Commons LLC
8 Bond Street Corporation
Bargain And Sale Deed
$4,226,271 · 8 Bond Street Corporation
May 18, 2016
—
8 Bond Street Corporation
—
Deed
related
$750,000 · The Dime Savings Bank Williamsburgh
—
—
8 Bond Street Corp
—
Deed Of Trust
related
$2,250,000 · Dime Savings Bank Williamsburg
—
—
8 Bond Street Corp
—
Deed Of Trust
related
$261,024 · Greenpoint Bank
—
—
8 Bond Street Corporation
—
Deed Of Trust
related
$2,179,505 · Dime Savings Bank Williamsburg
—
—
8 Bond Street Corp
—
Deed Of Trust
related
$437,847 · Dime Savings Bank Williamsburg
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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