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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Investment properties
941 Northville Tpke Riverhead, NY 11901-2136
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-0224619
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1919
Total area
1,386 SF
Lot
0.22 ac (9,583 SF)
Zoning code
04 - FARM
APN
0600-084.00-04.00-026.000
UPID
US63-0224619
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$380k
Comparable Approach
Comparable
$504k
Blend (final)
Blend
$500k
Owner & transaction history
Timothy Hl Childrens INC · 3 yrs held
Timothy Hl Childrens INC
since 2023
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
04 - FARM · Riverhead, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+81.2%
Auto repair, garage
$510,000
+39.8%
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 Riverhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverhead 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
$505,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$410,000
6.5%
$380,000
7%
$350,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Current use
OFFICE BUILDING
$660,000
Change: +81% · Conversion: Easy
AUTO REPAIR, GARAGE
$510,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Apr 24 2023)
Last sale anchor
$500k
Apr 24 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
$361 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$47,200
Assessed 2023
Previous assessed
$47,200
+0.0% YoY
Assessed land
$10,200
Assessed improvement
$37,000
Land market value
$109,795
Improvement market value
$398,278
Total market value
$508,073
Applied tax rate
473,002.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1919
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Rooms
7
Bathrooms
1
Total area
1,386 SF
Lot
0.22 ac (9,583 SF)
Zoning code
04 - FARM
APN
0600-084.00-04.00-026.000
UPID
US63-0224619
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
04 - FARM · Riverhead, NY
Zoning 04 - FARM · permitted uses
04 - FARM · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverhead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$365,000
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$510,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1919
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Timothy Hl Childrens INC
Entity
Free & Clear · 3 yrs held
Mailing address
892 MERILLON AVE, WESTBURY, NY 11590-6113
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Northville Tpke Rvrhd LLC
—
Deed
related
$448,000 · Foundation Mortgage Corp
Apr 24, 2023
$500,000
Timothy Hl Childrens INC
941 Northville Tpke R LLC
Deed
—
Feb 15, 2022
$450,000
Timothy Hill Childrens
Gull Pond Realty LLC
Deed
—
Jul 26, 2005
$400,000
Gull Pond Realty LLC
Haupt,kenneth
Grant Deed
$308,000 · Power Express
—
—
Kenneth Haupt
—
Deed Of Trust
related
$30,000 · Gmac Mortgage Corp
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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