Entity Owned Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1970
Total area
1,649 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PI
APN
392615 63.17-1-11.-700
UPID
US63-2350322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Box & Wholesale Store
-
Party Supply Store Rental Equipment Company
-
Law Firm
-
Law Firm
-
Pharmacy
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$837k
Blend (final)
Blend
$1.26M
Owner & transaction history
since 2020
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
PI · Chestnut Ridge, NY
Zoning description
The purpose of this district is for Industrial uses, which may include the manufacturing, fabrication, processing, converting, altering, assembling, testing or other handling of products
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.26M
Value range
$1.13M – $1.38M
±10% around blend
Estimated value / SF
$761 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$1.13M
blend $1.26M
$1.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,649 SF
Lot area
0.05 ac
Year built
1970
Stories
1
APN
392615 63.17-1-11.-700
Zoning
PI
Assessed value
$18,791
3
Income approach: direct capitalization
Partial preview
Income approach indication
$770k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$835k
@ 6.5% CAP return
$770k
@ 7% CAP return
$715k
4
Sales comparison
Partial preview
Sales approach indication
$729k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.4 mi away · 1,380 SF
5.5 mi away · 1,788 SF
9.0 mi away · 1,800 SF
15.5 mi away · 1,327 SF
23.2 mi away · 1,164 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.26M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$849
-10%
Submarket 35 sales
$730
+4%
County 105 sales
$517
+47%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $761/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
2.20%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$88k *
Last sale · Jun 2020
$1.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.98M
Move the market yield to see immediate price impact.
Value / SF
$2,412
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.70%2.20%2.70%
$79k
$4.63M
$3.58M
$2.92M
$88k
$5.15M
$3.98M
$3.24M
$96k
$5.66M
$4.38M
$3.56M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$475k
2.1 mi · Sep 2025 · $331/SF
Property tax & assessments
Property tax & assessments
Assessed value
$18,791
Assessed 2023
Previous assessed
$18,791
+0.0% YoY
Assessed land
$10,500
Assessed improvement
$8,291
Land market value
$36,823
Improvement market value
$29,077
Total market value
$65,900
Applied tax rate
392,602.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
1,649 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PI
APN
392615 63.17-1-11.-700
UPID
US63-2350322
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
PI · Chestnut Ridge, NYZoning PI · permitted uses
PI · Chestnut Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this district is for Industrial uses, which may include the manufacturing, fabrication, processing, converting, altering, assembling, testing or other handling of products
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PI
INDUSTRIAL
Jurisdiction
Chestnut Ridge, NY
Recorded code
PI
Official district
PI
Official district profile
What the municipal code says about PI
Zoning description
The purpose of this district is for Industrial uses, which may include the manufacturing, fabrication, processing, converting, altering, assembling, testing or other handling of products
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PI in Chestnut Ridge, NY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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