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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Auto shops
9 Railroad Ave, East Hampton, NY 11937-2411
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-2798025
Property summary
AI-generated overview
This exceptional 3,000-square-foot property at 9 Railroad Ave, East Hampton Village, NY 11937, presents a rare opportunity. Originally an auto repair shop, this meticulously renovated space seamlessly blends industrial charm with modern elegance. High ceilings, expansive windows, and four garage roll-up doors create a versatile, open atmosphere ideal for a variety of uses, including retail, an art gallery, or executive offices. The layout is naturally divided into three sections, facilitating a smooth flow for customers or employees. Located in the heart of East Hampton Village's thriving business district, this property benefits from its proximity to numerous complementary businesses, including food shops, galleries, and banks. Ample parking is readily available, ensuring convenient access for visitors. Built in 1985, this single-tenant space offers a unique character and historical charm, making it perfect for a discerning business seeking a distinctive presence in this desirable location. The property features no elevators. The space is immediately available.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Lot
0.39 ac (16,988 SF)
APN
0301-002.00-02.00-003.000
UPID
US63-2798025
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
-
East Hampton Solar Power Systems Solar Energy Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
9 Rr Eh LLC · 3 yrs held
9 Rr Eh LLC
since 2023
Last sale
$1.6M
1 recorded transaction
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 East Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Hampton 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
$2,030,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.55M (Jan 31 2023)
Last sale anchor
$1.55M
Jan 31 2023
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
—
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
$6,750
Assessed 2023
Previous assessed
$6,750
+0.0% YoY
Assessed land
$2,650
Assessed improvement
$4,100
Land market value
$7,162
Improvement market value
$11,081
Total market value
$18,243
Applied tax rate
472,401.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Lot
0.39 ac (16,988 SF)
APN
0301-002.00-02.00-003.000
UPID
US63-2798025
Jurisdiction
SUFFOLK
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
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
9 Rr Eh LLC
Entity
Free & Clear · 3 yrs held
Mailing address
CO THOMAS DELBOSCO, ENGLEWOOD, NJ 07631
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2023
$1,550,000
9 Rr Eh LLC
9 Railroad Ave Ass LLC
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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