550 RESEARCH PKWY
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Location
550 RESEARCH PKWY
Mblu
0918/ 324C/ 0006/ 0000/
Acct#
15691
Owner
SKY 103 LLC
Total Market Value
$12,770,500
Appraisal
$18,243,300
PID
15691
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$14,464,800$3,778,500$18,243,300
Assessment
Valuation YearImprovementsLandTotal
2025$10,125,500$2,645,000$12,770,500

Owner of Record
OwnerSKY 103 LLC
Co-Owner
Address425 E 52ND ST
NEW YORK, NY 10022
Sale Price$11,611,600
Book & Page 284/227
Sale Date03/02/2018
Instrument99
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
SKY 103 LLC$11,611,600284/2279903/02/2018
CT 550 RESEARCH PARKWAY LLC$05208/1299905/30/2017

Building Information
Building 1 : Section 1
Year Built: 1968
Living Area: 326,732
Replacement Cost: $21,360,356
Building Percent Good: 66
Replacement Cost
Less Depreciation:
$14,097,800
Building Attributes
FieldDescription
StyleInd Mfg
ModelComm/Ind
GradeC+
Stories1
Occupancy1
Exterior Wall 1Concr/Cinder
Exterior Wall 2Single Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2Minimum
Interior Floor 1Carpet
Interior Floor 2Concrete
Heat FuelOil
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseIndustrial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height18.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 320,332 320,332
AOFOFFICE 6,400 6,400
CANCANOPY 804 0
LDKLDK 5,820 0
   333,356 326,732

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
SPANSOLAR PANELS3826.00 UNIT$0$01
MEZ3W/PARTITIONS4200.00 SF$131,100$91,8001

Land
Land Use
Use Code301
DescriptionIndustrial  
NeighborhoodI1
Land Line Valuation
Size (Acres)25.19
Total Market Land$2,645,000
Appraised Value$3,778,500

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING100000.00 S.F.$165,600$115,9001
SHD1SHED224.00 S.F.$2,800$2,0001
SHD1SHED864.00 S.F.$10,800$7,6001
FN11FENCE-5' CHAIN4910.00 L.F$56,700$39,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$7,665,900$2,788,200$10,454,100
2023$7,665,900$2,788,200$10,454,100

Assessment
Valuation YearImprovementsLandTotal
2024$5,366,130$1,951,740$7,317,870
2023$5,366,130$1,951,740$7,317,870

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