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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Office buildings
97 Sea Rd Southampton, NY 11968-2060
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1578082
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2003
Total area
6,006 SF
Lot
1.25 ac (54,450 SF)
Zoning code
VILLA
APN
0904-005.00-01.00-014.001
UPID
US63-1578082
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
-
Eastern Suffolk Cardiology PC: Stephen Bibiana MD Physician
-
Dr. Steven J. Lederman, MD Physician
-
Gold Coast Bank Bank Loan Service
-
Patel Rajoo C MD Physician
-
Donahoe Sean MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
97 North Sea Rd Owner LLC · 4 yrs held
97 North Sea Rd Owner LLC
since 2022
3 recorded transactions
Zoning & alternative use
VILLA · Southampton, 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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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%
$1,835,000
6.5%
$1,695,000
7%
$1,575,000
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$226 / 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
Tax billed
$60,399
Tax year 2020
Assessed value
$1,974,400
Assessed 2023
Previous assessed
$1,974,400
+0.0% YoY
Effective rate
3.06%
On assessed value
Assessed land
$840,700
Assessed improvement
$1,133,700
Land market value
$1,273,788
Improvement market value
$1,717,727
Total market value
$2,991,515
Applied tax rate
473,606.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
6,006 SF
Lot
1.25 ac (54,450 SF)
Zoning code
VILLA
APN
0904-005.00-01.00-014.001
UPID
US63-1578082
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
VILLA · Southampton, NY
Zoning VILLA · permitted uses
VILLA · Southampton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
97 North Sea Rd Owner LLC
Entity
Mailing address
PO BOX 14, MONTAUK HWY, NY
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
97 North Sea Rd Owner LLC
Deerfield Hampton LLC
Deed
$8,515,363 · Dbr Investments Co
Dec 2, 2014
$2,600,000
Deerfield Hamptons LLC
Shuell William & L Trust
Grant Deed
$1,300,000 · Gold Coast Bk
May 9, 2007
—
Shuell W & L Trust
Lms Corp
Grant Deed
related
—
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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