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Property profile & analytics
FOR LEASE
Office buildings
80 Grasslands Rd, Elmsford, NY 10523
Entity Owned
~
Est. High Equity
Property ID
US63-2140166
For Lease
1 / 3
$14,235,000
80 Grasslands Rd, Elmsford, NY 10523
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
87,114 SF
Lot
4.89 ac (213,008 SF)
Zoning code
PD
APN
552689 7.60-4-6
UPID
US63-2140166
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
-
Amscan Corporate Office
-
Citi Streets Insurance Agency
-
Heritage Corporate Park Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.05M
Blend (final)
Blend
$14.24M
Owner & transaction history
80 Grassland Holdings LLC
80 Grassland Holdings LLC
since 2026
7 recorded transactions
Zoning & alternative use
PD · Elmsford, 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 Elmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elmsford 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
Blend value · Realmo final
$14.24M
Range $12.81M – $15.66M · ±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
$163 / 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
$12,650,300
Assessed 2023
Previous assessed
$12,650,300
+0.0% YoY
Assessed land
$5,921,800
Assessed improvement
$6,728,500
Land market value
$5,921,800
Improvement market value
$6,728,500
Total market value
$12,650,300
Applied tax rate
553,402.0000
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
For Lease
Year built
1964
Heating
NONE
Stories
3
Bathrooms
3
Total area
87,114 SF
Lot
4.89 ac (213,008 SF)
Zoning code
PD
APN
552689 7.60-4-6
UPID
US63-2140166
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
PD · Elmsford, NY
Zoning PD · permitted uses
PD · Elmsford, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elmsford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
3
Bathrooms
3
Lot
4.89 ac
Current owner
From public records · entity-resolved
80 Grassland Holdings LLC
Entity
Mailing address
PO BOX 164, MONSEY, NY 10952-0164
Ownership since
2026
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
Feb 9, 2026
—
80 Grassland Holdings LLC
Lewiston Realty Holdings LLC
Deed
related
$8,660,388 · Grasslands LLC
Jan 20, 2026
—
Westchester Institute For Human Dev
Lewiston Realty Holdings LLC
Deed
—
Mar 8, 2019
—
Lewiston Realty Holdings LLC
—
Deed
related
$735,310 · Bethpage FCU
May 8, 2017
$10,800,000
Lewiston Realty Holdings LLC
Ra 80 Grasslands Road LLC
Grant Deed
—
May 8, 2017
—
Lewiston Realty Holdings LLC
—
Deed
related
$7,020,000 · Kearny Bk
Dec 27, 2005
—
Ra 35 Pinelawn Road LLC
Reckson Operating Ptshp
Deed Of Trust
related
$196,068,300 · Ubs Real Estate Investment INC
—
—
Lewiston Realty Holdings LLC
—
Loan Modification
related
$735,310 · Bethpage FCU
—
—
Lewiston Realty Holdings LLC
—
Loan Modification
related
$7,020,000 · Kearny Bk
—
—
Ra 80 Grasslands Road LLC
—
Deed Of Trust
related
$123,000,000 · Suntrust Bk
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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