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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Car washes
989 Saw Ml Riv Rd Yonkers, NY 10710
Entity Owned
15-yr Hold
Free & Clear
Property ID
US63-0903554
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1928
Total area
4,056 SF
Lot
0.43 ac (18,851 SF)
Zoning code
I
APN
551800 3.-3373-1
UPID
US63-0903554
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$485k
Blend (final)
Blend
$575k
Owner & transaction history
979 Smr Corp · 15 yrs held
979 Smr Corp
since 2011
2 recorded transactions
Zoning & alternative use
I · Yonkers, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
residences excluded from the first floor except in predominantly residential buildings. CM District: commercial, storage and light manufacturing, residences excluded IP District: planned industrial, residences excluded I District: industry, residences excluded PMD District: planned multi-use development SB: South Broadway District D-MX: Mixed-Use District D-…
Zone name
Industry Residences Excluded
General category
RESIDENTIAL
Zone area
635.93 ac
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 Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers 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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$142 / 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
$21,705
Tax year 2020
Assessed value
$18,647
Assessed 2023
Previous assessed
$20,700
-9.9% YoY
Effective rate
116.40%
On assessed value
Assessed land
$14,700
Assessed improvement
$3,947
Land market value
$821,229
Improvement market value
$220,503
Total market value
$1,041,732
Applied tax rate
551,800.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1928
Heating
NONE
Buildings
1
Stories
1
Total area
4,056 SF
Lot
0.43 ac (18,851 SF)
Zoning code
I
APN
551800 3.-3373-1
UPID
US63-0903554
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
I · Yonkers, NYZoning I · permitted uses
I · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
residences excluded from the first floor except in predominantly residential buildings. CM District: commercial, storage and light manufacturing, residences excluded IP District: planned industrial, residences excluded I District: industry, residences excluded PMD District: planned multi-use development SB: South Broadway District D-MX: Mixed-Use District D-IRT: Downtown Industrial Research and Technology District UR-LD: Low Density Urb
Zone name
Industry Residences Excluded
General category
RESIDENTIAL
Zone area
635.93 ac
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Stories
1
Buildings
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
979 Smr Corp
Entity
Free & Clear · 15 yrs held
Mailing address
979 SAW ML RIV RD, YONKERS, NY 10710-3235
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2011
$1,200,000
979 Smr Corp
999 Saw Mill Realty Corp
Bargain And Sale Deed
—
Feb 27, 2007
$1,000,000
979 Smr Corp
999 Saw Mill Realty Corp
Bargain And Sale Deed
—
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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