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Property profile & analytics
FOR SALE
Office buildings
91 Carman Ave Cedarhurst, NY 11516
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-2945593
For Sale
1 / 9
$2,390,000
91 Carman Ave, Cedarhurst, NY 11516
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1924
Construction
FRAME
Total area
168 SF
Lot
0.08 ac (3,528 SF)
APN
39-419-00-0012
UPID
US63-2945593
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
-
Integrative Psychotherapy & Trauma Treatment Psychotherapist
-
Kosher Maid Service Hardware & Home Improvement
-
Insurance Agency Inc Insurance Agency
-
Serebryansky Boris M MD Physician
-
Aliza A. Beer, MS,RD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$135k
Owner & transaction history
91 Carman LLC · 15 yrs held
91 Carman LLC
since 2011
6 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 Cedarhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedarhurst 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
$135k
Range $122k – $149k · ±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
$804 / 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
$15,387
Tax year 2023
Assessed value
$4,816
Assessed 2023
Previous assessed
$4,816
+0.0% YoY
Effective rate
319.50%
On assessed value
Assessed land
$988
Assessed improvement
$3,828
Total market value
$481,600
Applied tax rate
204.0000
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 Sale
Year built
1924
Construction
FRAME
Heating
YES
Stories
1
Total area
168 SF
Lot
0.08 ac (3,528 SF)
APN
39-419-00-0012
UPID
US63-2945593
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
1924
Construction
FRAME
Heating
YES
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
91 Carman LLC
Entity
Mailing address
91 CARMAN AVE, CEDARHURST, NY 11516-1937
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
—
91 Carman LLC
—
Deed
related
$950,000 · Flushing Bank
Apr 25, 2011
$257,500
91 Carman LLC
Ja Fndg INC
Grant Deed
$260,000 · Fpf Cams LLC
Mar 31, 2010
$25,574
Jumbo Investments
Treasurer Of Nassau County
Grant Deed
—
Mar 19, 2010
$650,000
Ja Funding INC
Ettie Properties LLC
Grant Deed
—
Sep 13, 2006
$670,000
Ettie Properties LLC
91 Carmen Avenue Realty Assocs
Grant Deed
$650,000 · Edge Capital III LLC
—
—
91 Carman LLC
—
Deed Of Trust
related
$806,000 · Bethpage FCU
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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