New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Banks
925 Hempstead Tpke, Franklin Square, NY 11010-3641
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-5712339
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,104 SF
Lot
0.34 ac (14,636 SF)
APN
35-103-00-0001
UPID
US63-5712339
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
-
Franklin Square Appliance Repair Home Appliance Store
-
JDC Investigations & Security, Inc Security Service
-
New York State Assembly State Government Office
-
Independent Physical Exam Physician
-
Dr. Dana C. Johnston, MD 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
$1.13M
Owner & transaction history
Valley East Properties LLC · 12 yrs held
Valley East Properties 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 Franklin Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin Square 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
$274 / 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
$366,308
Tax year 2023
Assessed value
$52,712
Assessed 2023
Previous assessed
$52,712
+0.0% YoY
Effective rate
694.92%
On assessed value
Assessed land
$4,611
Assessed improvement
$48,101
Total market value
$5,271,200
Applied tax rate
477.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Total area
4,104 SF
Lot
0.34 ac (14,636 SF)
APN
35-103-00-0001
UPID
US63-5712339
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
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Lot
0.34 ac
Current owner
From public records · entity-resolved
Valley East Properties LLC
Entity
Mailing address
100 JERICHO QUADRANGLE STE #300, JERICHO, NY 11753-2702
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2013
$7,200,000
Valley East Properties LLC
Newport Partners Realty Co LLC
Grant Deed
related
—
Dec 14, 2007
—
Lighthouse 925 Hempstead LLC
Town Of Hempstead Industrial D
Quit Claim Deed
related
—
Dec 14, 2007
$9,600,000
Newport Partners Realty C
Lighthouse 925 Hempstead
Deed
—
Nov 5, 2004
$3,900,000
Lighthouse 925 Hempstead LLC
American R/e Holdings
Grant Deed
related
—
Nov 5, 2004
—
Town Of Hempstead Indl Dev Agcy
Lighthouse 925 Hempstead LLC
Grant Deed
related
—
—
—
Valley East Properties LLC
—
Deed Of Trust
related
$4,450,000 · Morgan Stanley Mtg Cap Holding
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$240,000 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$500,000 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$500,000 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$74,900 · Deutsche Bk Tr Co Americas
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 925 Hempstead Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
