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Property profile & analytics
OFF-MARKET
Office Spaces
99 Tulip Ave Ste 101, Floral Park, NY 11001-1927
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-2537423
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Lot
1.68 ac (73,181 SF)
APN
32-055-00-0111-U-CA0129-00101
UPID
US63-2537423
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jsm Realty Group INC · 3 yrs held
Jsm Realty Group INC
since 2023
Last sale
$250,000
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,055
Tax year 2023
Assessed value
$1,170
Assessed 2023
Previous assessed
$1,170
+0.0% YoY
Effective rate
346.58%
On assessed value
Assessed land
$98
Assessed improvement
$1,072
Total market value
$117,000
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
Off-Market
Heating
NONE
Lot
1.68 ac (73,181 SF)
APN
32-055-00-0111-U-CA0129-00101
UPID
US63-2537423
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
Jsm Realty Group INC
Entity
Free & Clear · 3 yrs held
Mailing address
99 TULIP AVE STE #101, FLORAL PARK, NY 11001-1959
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2023
$250,000
Jsm Realty Group INC
Joseph Demicco
Bargain And Sale Deed
—
Nov 30, 2007
—
Landmax Realty LLC
Remede Staffing Solutions INC
Quit Claim Deed
related
—
Jun 6, 2007
$816,000
Flood Brothers INC
Jfr Associates
Grant Deed
$455,000 · Signature Bank
Sep 14, 2006
$295,000
Tulip & Concord LLC
Landmark 302 Holdings LLC
Grant Deed
$200,000 · Signature Bank
Aug 16, 2006
$45,890
Anthony J Vetntura
Goldberg,martin B
Grant Deed
—
Oct 13, 2005
$225,000
Anastasios Magoulas
Giwa,lateef O
Grant Deed
$125,000 · Marathon National Bank Ny
Aug 20, 2004
$142,500
Steven C Mccarty Agency INC
Bri-di INC
Grant Deed
—
Mar 25, 2004
$149,000
Dominic Casillo
Landmark Condominium
Grant Deed
—
Mar 3, 2004
$135,000
Joseph Demicco
Briefel,dennis
Grant Deed
—
—
—
Joseph E Demicco
—
Deed Of Trust
related
$512,500 · Matthew J Vecera
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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