Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Albany Post Rd Cortlandt Manor, NY 10567

    • Commercial land
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-4591743
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Albany Post Rd

    Lot size
    0.10 lot acres
    Property type
    Commercial land
    APN
    552289 22.20-3-2
    APU
    552289222032

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cortlandt Manor
    County
    Westchester
    State
    New York
    Longitude
    -73.9348
    Latitude
    41.2989
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $75
    $0.00
    $75
    -
    $6,148
    $0.00
    $6,148

    Comparable in this City

    • Value Estimation by Request
      4.07 Acres

      3700 Old Crompond Rd

      VACANT COMMERCIAL LAND • 2,560 SF
      3700 Old Crompond Rd, Cortlandt Manor, NY 10567-7221
      View Details
    • Value Estimation by Request
      0.27 Acres

      Old Crompond Rd

      VACANT COMMERCIAL LAND • 1,600 SF
      Old Crompond Rd, Cortlandt Manor, NY 10567
      View Details
    • Value Estimation by Request
      0.60 Acres

      3901 Crompond Rd

      VACANT COMMERCIAL LAND • 0.60 Acres
      3901 Crompond Rd, Cortlandt Manor, NY 10567-7216
      View Details
    • Value Estimation by Request
      1.49 Acres

      1127 Oregon Rd

      VACANT COMMERCIAL LAND • 1.49 Acres
      1127 Oregon Rd, Cortlandt Manor, NY 10567-1027
      View Details
    • Value Estimation by Request
      0.55 Acres

      2 Red Ml Rd

      VACANT COMMERCIAL LAND • 0.55 Acres
      2 Red Ml Rd, Cortlandt Manor, NY 10567-1462
      View Details
    • Value Estimation by Request
      0.72 Acres

      3471 Crompond Rd

      VACANT COMMERCIAL LAND • 1,081 SF
      3471 Crompond Rd, Cortlandt Manor, NY 10567-7222
      View Details

    Similar Nearby for Sale

    • New
      $199,000
      Pending

      Approved Land in Cortlandt Manor

      Vacant lot with approvals for a 4-bedroom home.
      14 Amalfi Dr, Cortlandt Manor, NY 10567
      View Details
    • Contact for pricing
      Pending

      Cortlandt Manor Land Opportunity

      Land in Westchester County with future potential.
      Buttonwood Ave, Cortlandt Manor, NY 10567
      View Details
    • $1,250,000
      4.90 Acres

      Cortlandt Manor Development Land

      4.9 Acres, Prime Commercial Site
      1117 Oregon Rd, Cortlandt, NY 10567
      View Details
    • $68,000
      Pending

      Spacious Land in Cortlandt Manor

      1.171 acres of residential land, a rare opportunity in Cortlandt Manor.
      68 Somerset Ln, Cortlandt Manor, NY 10567
      View Details
    • $145,000
      0.71 Acres

      Land in Cortlandt Manor, NY

      Two contiguous lots suitable for single-family home construction.
      101 Croton Park Rd, Cortlandt Manor, NY 10567
      View Details
    • $50,000
      Pending

      Three Buildable Lots in Cortlandt

      Three adjacent parcels totaling 0.852 acres in Cortlandt Manor, NY.
      10 Dale Ave, Cortlandt Manor, NY 10567
      View Details

    Similar Nearby for Lease

    • $2,300 /Mo

      Cortlandt Manor Professional Office Space

      First-floor office suite with reception and waiting area for lease.
      2127 Crompond 105, Cortlandt Manor, NY 10567
      View Details
    • $5,000 /Mo

      Cortlandt Manor Retail Space Available

      Retail space available for lease in Cortlandt Manor, NY.
      1220 Oregon Rd, Cortlandt Manor, NY 10567
      View Details
    • $2,650 /Mo

      Remodeled Office Space for Rent

      Modern, renovated office space in Cortlandt Manor, convenient location.
      49 Conklin Ave, Cortlandt Manor, NY 10567
      View Details
    • $6,500 /Mo
      11,326 SF

      Route 202/35 Retail Opportunity

      Retail space with high traffic and flexible zoning.
      3711 Crompond Rd, Cortlandt Manor, NY 10567
      View Details
    • Contact for pricing
      6,998 SF

      Cortlandt Retail Space For Lease

      Prime Retail, Multiple Suites Available
      2050 Main St, Cortlandt, NY 10567
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Albany Post Rd
    Cortlandt Manor, NY 10567
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.