New search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial land
83 Steamboat Rd, Great Neck, NY 11024-1843
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US63-0129106
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1921
Total area
4,502 SF
Lot
0.13 ac (5,670 SF)
APN
01-124-00-0004
UPID
US63-0129106
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
-
Fast Commercial Electricians Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Kings Point Mart LLC · 12 yrs held
Kings Point Mart LLC
since 2013
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$172 / 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
$11,047
Tax year 2023
Assessed value
$2,123
Assessed 2023
Previous assessed
$2,123
+0.0% YoY
Effective rate
520.35%
On assessed value
Assessed land
$2,123
Total market value
$212,300
Applied tax rate
755.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1921
Heating
NONE
Total area
4,502 SF
Lot
0.13 ac (5,670 SF)
APN
01-124-00-0004
UPID
US63-0129106
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
1921
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Kings Point Mart LLC
Entity
Mailing address
83 STEAMBOAT RD, GREAT NECK, NY 11024-1843
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Sep 16, 2013
—
Kings Point Mart LLC
Kings Point Mart LLC
Quit Claim Deed
related
—
Dec 31, 2012
—
Kings Point Mart LLC
Kings Point Mart LLC
Quit Claim Deed
—
Oct 18, 2012
—
Kings Point Mart LLC
Kings Point Mart LLC
Quit Claim Deed
—
Jul 23, 2010
$490,000
Kings Point Mart LLC
Jf Northshore Ents LLC
Grant Deed
—
Aug 20, 2009
$450,000
Jf Northshore Ents LLC
Bhaisin,sudesh
Grant Deed
—
May 18, 2005
$550,000
Sudesh Bhaisin
Holstein,merle
Grant Deed
—
May 6, 1992
$170,000
Merle Holstein
Felder,s
Grant Deed
—
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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