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    Kenneth Brownell, Amherst, NY

    License ID: 10491200498
    Vanguard Fine Llc
    Association
    New York State Commercial Association Of Realtors Inc

    Service Locations

    Massachusetts

    New York

    Contact details

    Phone:
    (518) 862-0861
    Office Address:
    1529 Western Ave Ste 102, Albany, NY, 12203

    Performance

    Listings
    36

    Listings

    For Sale (10)

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    • Contact for pricing

      4591 US RT 20, Richfield Springs, NY 13439

      Recreation land
      4591 Us Rt 20, Richfield Springs, NY 13439
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    • Contact for pricing

      Downtown Pittsfield Corner Acreage

      0.875 acre corner lot in Downtown Creative District.
      151 Fenn St, Pittsfield, MA 01201
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    • Contact for pricing
      77,820 SF

      Regional Shopping Center For Sale

      77,820 SF shopping center anchored by Big Lots.
      457 Dalton Ave, Pittsfield, MA 01201
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    • Contact for pricing

      1.3 Acre Commercial Site

      Cleared 1.3 acre commercial site in Brunswick, NY.
      713 Hoosick Rd, Troy, NY 12180
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    • Contact for pricing
      5,847 SF

      Pittsfield Restaurant and Retail Opportunity

      One-acre site with restaurant, suitable for retail or redevelopment.
      451 Dalton Ave, Pittsfield, MA 01201
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    • Contact for pricing

      142 Acres Vacant Land

      142 acres of vacant land in Selkirk, New York.
      Pictuay Rd, Selkirk, NY 12158
      View Details
    • $4,434,110
      15,630 SF

      Modern Retail Building in Rutland

      15,630 SF retail building with 100% occupancy in Rutland, VT.
      12 Us Route 7 S, Rutland, VT 05701
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    • $549,000

      Land in Richfield Springs Area

      Land with flexible development options in Richfield Springs, NY.
      4591 Us Highway 20, Richfield Springs, NY 13439
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    • $450,000

      Commercial Land in Growing Community

      1.5 acres of land with utilities in Chatham, NY.
      Hudson Ave, Chatham, NY 12037
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    • $2,200,000

      Corner Land in Creative District

      City corner land available in downtown's Creative District.
      151 Fenn St, Pittsfield, MA 01201
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    For Lease (26)

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      22,525 SF

      Renovated Retail Space Available

      Recently renovated retail space in a busy retail corridor.
      5640 State Highway 12, Norwich, NY 13815
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    • Contact for pricing
      1,500 SF

      Retail Space in Price Chopper Plaza

      Retail space for lease in Warrensburg, New York.
      16 Lk George Plz Rd, Warrensburg, NY
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    • Contact for pricing
      1,110 SF

      Retail Space in Colonie Center

      Neighborhood shopping center with excellent visibility and ample parking.
      1839 Ny-5, Colonie, NY
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    • $15 SF/Yr
      11,300 SF

      Office and Retail Spaces Available

      Multiple office suites and a retail space for lease.
      194 Washington Ave, Albany, NY 12210
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    • Contact for pricing

      Saranac Lake Drive-Thru Restaurant Space

      Freestanding 1,500 SF drive-thru space for lease.
      622 Lake Flower Ave, Saranac Lake, NY 12983
      View Details
    • Contact for pricing
      2,490 SF

      Retail Space Near Marist College

      Retail space in a densely populated area with high traffic.
      3532 Rd N, Poughkeepsie, NY
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    • $40 SF/Yr
      1,200 SF

      Retail Space on Western Avenue

      Retail space with freezer and cooler near UAlbany.
      1512 Western Ave, Albany, NY 12203
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    • Contact for pricing

      Retail Space in Renovated Plaza

      Retail space available in a recently renovated shopping center.
      5640 Ny-12, Norwich, NY 13815
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    • Contact for pricing

      Retail Space in Gateway Plaza

      Retail spaces available in busy shopping center with anchor tenants.
      2981 Ford Street Ext, Ogdensburg, NY 13669
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    • Contact for pricing

      Retail Center Space Available

      Retail spaces for lease in a high-traffic shopping center.
      830 County Road 64, Elmira, NY 14903
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    • Contact for pricing

      Colonie Retail Space for Rent

      Neighborhood shopping center in Colonie, New York, with available spaces.
      1839 Central Ave, Albany, NY 12205
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    • Contact for pricing

      Retail Space in Power Center

      Retail spaces available in Shop Rite anchored power center.
      10 Winslow Gate Rd, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Retail Space Near Downtown

      Retail space available in downtown Pittsfield, Massachusetts.
      18 1St St, Pittsfield, MA 01201
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    • Contact for pricing

      Prime Retail Space in Albany

      Retail space in Albany, near hospital and residential area.
      500 Northern Blvd, Albany, NY 12204
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    • Contact for pricing
      10,000 SF

      Retail Space in Big Flats

      Retail space available in a large shopping center.
      831-845 County Road 64, Elmira, NY 14903
      View Details
    • Contact for pricing
      4,220 SF

      Retail Space Near Arnot Mall

      Inline retail spaces available in busy shopping complex.
      950 County Road 64, Elmira, NY 14903
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    • $14 SF/Yr
      5,000 SF

      Retail Space in Ballston Spa

      Retail space for lease in Saratoga County, Ballston Spa.
      2031 Doubleday Ave, Ballston Spa, NY 12020
      View Details
    • Contact for pricing
      1,191 SF

      Retail Space on Saratoga Road

      Retail space available in a busy, well-maintained plaza.
      5-7 Saratoga Rd, Glenville, NY 12302
      View Details
    • $20 SF/Yr
      4,000 SF

      Retail Building on Heavily-Traveled Road

      Freestanding 4,000 SF retail building at signalized intersection.
      490 Pittsfield Rd, Lenox, MA 01240
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    • $20,833
      5,884 SF

      Prime Retail Space on Wolf

      Retail space with high visibility and redevelopment potential.
      107 Wolf Rd, Albany, NY 12205
      View Details
    • Contact for pricing
      172,050 SF

      Retail Space Near Arnot Mall

      Retail space available in a busy shopping center.
      950 County Rte 64, Big Flats, NY 14814
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    • Contact for pricing

      Retail Center with Redevelopment Potential

      574,215 SF retail center with excellent visibility and access.
      830 County Rte 64, Elmira, NY 14814
      View Details
    • Contact for pricing

      Renovated Retail Space in Norwich

      Recently renovated retail space in a busy retail corridor.
      5640 Ny-12, Norwich, NY 13815
      View Details
    • Contact for pricing

      Community Shopping Center Retail Space

      Retail spaces for lease in Cheektowaga's Thruway Plaza.
      2195 Harlem Rd, Cheektowaga, NY 14225
      View Details
    • Contact for pricing

      Saranac Lake Drive-Thru Restaurant Space

      Freestanding 1,500 SF drive-thru space in Saranac Lake, NY.
      622 Lake Flower Ave, Saranac Lake, NY 12983
      View Details
    • Contact for pricing

      High-Visibility Retail Space Available

      Retail space with freezer/cooler, high exposure location near university.
      1512 Western Ave, Albany, NY 12203
      View Details

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    Kenneth Brownell, Amherst, NY
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    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.

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    Kenneth Brownell, Amherst, NY
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