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Property profile & analytics
FOR LEASE
Office Spaces
99 Tulip Ave, Floral Park, NY 11001
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2747394
For Lease
1 / 9
$765,000
99 Tulip Ave, Floral Park, NY 11001
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
1.68 ac (73,181 SF)
APN
32-055-00-0111-U-CA0129-00303
UPID
US63-2747394
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
-
United Tax Services Tax Preparation
-
Carriage Trade Insurance Agency Inc. Insurance Agency
-
Glenn Mohr Productions Film Production Television Studio
-
Kramer & Associates Law Offices PC Law Firm
-
NY Small Health Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Nyc Landmark 405 LLC · 1 yrs held
Nyc Landmark 405 LLC
since 2024
Last sale
$810,000
5 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 Floral Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Floral Park 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
$720,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $810k (Mar 26 2025)
Last sale anchor
$810k
Mar 26 2025
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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$869
Tax year 2024
Assessed value
$1,692
Assessed 2024
Previous assessed
$1,692
+0.0% YoY
Effective rate
51.36%
On assessed value
Assessed land
$142
Assessed improvement
$1,550
Total market value
$169,200
Applied tax rate
494.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Heating
NONE
Lot
1.68 ac (73,181 SF)
APN
32-055-00-0111-U-CA0129-00303
UPID
US63-2747394
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
Heating
NONE
Lot
1.68 ac
Current owner
From public records · entity-resolved
Nyc Landmark 405 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
110 STEWART AVE3A, HICKSVILLE, NY 11801-6166
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 23, 2024
$720,000
Nyc Landmark 405 LLC
Landmark Suites LLC
Bargain And Sale Deed
—
May 30, 2017
$325,000
Family Abbas & Shohreh
Cornerstone R/e & Mgmt Solutio
Grant Deed
—
Jun 12, 2014
$350,000
Cornerstone R & E & Mgmt Solutio
Galicia Real Estat Holdings In
Grant Deed
$252,000 · M&t Bk
Aug 6, 2004
$255,000
Galicia R/e Holding INC
Podolsky,harvey & Ruth
Grant Deed
—
—
—
Hudhalzzo LLC
—
Deed Of Trust
related
$77,989 · M&t Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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