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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Commercial real estate
962 Rte 9w, Congers, NY 10920-2508
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-5266042
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
3,996 SF
Lot
1.23 ac (53,579 SF)
Zoning code
R1
APN
392089 44.20-4-55
UPID
US63-5266042
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
-
Kennelly Square Senior Apartments Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$819k
Blend (final)
Blend
$840k
Owner & transaction history
Kennely Square Holding LLC · 3 yrs held
Kennely Square Holding LLC
since 2022
7 recorded transactions
Zoning & alternative use
R1 · Congers, NY
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 Congers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Congers 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,235,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$210 / 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
Property tax & assessments
Assessed value
$231,370
Assessed 2023
Previous assessed
$191,100
+21.1% YoY
Assessed land
$116,850
Assessed improvement
$114,520
Land market value
$76,058
Improvement market value
$74,542
Total market value
$150,600
Applied tax rate
392,001.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
3,996 SF
Lot
1.23 ac (53,579 SF)
Zoning code
R1
APN
392089 44.20-4-55
UPID
US63-5266042
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R1 · Congers, NY
Zoning R1 · permitted uses
R1 · Congers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Congers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
Kennely Square Holding LLC
Entity
Mailing address
7 AYR CT, AIRMONT, NY 10901-6603
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Kennely Square Realty LLC
—
Deed
related
$1,334,000 · Newtek Bank NA
Jul 27, 2022
$2,704,000
Kennely Square Holding LLC
Kennelly Square LLC
Bargain And Sale Deed
$4,914,000 · Northeast Community Bank
Jul 27, 2022
—
Kennely Square Realty LLC
Kennely Square Holding LLC
Bargain And Sale Deed
$1,352,000 · Northeast Community Bank
Aug 15, 2019
—
Kennelly Square LLC
—
Deed
related
$1,300,000 · Bdj Equities LLC
Jul 24, 2019
—
Kennelly Square LLC
—
Deed
related
$2,200,000 · Bdj Equities LLC
Jul 14, 2015
—
Sosken INC
Sosken INC
Quit Claim Deed
related
—
—
—
Kennelly Square LLC
—
Deed Of Trust
related
$1,300,000 · Bdj Equities LLC
—
—
Kennelly Square LLC
—
Deed Of Trust
related
$1,300,000 · Bdj Equities LLC
—
—
Kennelly Square LLC
—
Deed Of Trust
related
$2,200,000 · Bdj Equities LLC
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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