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Property profile & analytics
OFF-MARKET
Office buildings
34 Gleneida Ave Carmel, NY 10512-1709
Entity Owned
22-yr Hold
Free & Clear
Property ID
US63-2565946
Property summary
AI-generated overview
This exceptional 5,731 square foot commercial building is situated on a 0.25-acre lot at 34 Gleneida Ave in the Hamlet of Carmel, NY. Boasting 75 feet of road frontage, this property enjoys unparalleled visibility with approximately 19,000 cars passing daily. Its strategic location directly across from Lake Gleneida provides stunning views and a highly desirable setting. The building's previous use as a Chevy dealership speaks to its robust construction and ample space. The property is served by public sewer and water. This unique opportunity is ideal for a variety of commercial ventures, including restaurants, fitness centers, retail stores, or theaters, catering to the growing Carmel community. The property currently lacks on-site parking
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
5,876 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
372000 44.18-1-28.1
UPID
US63-2565946
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
COUNTY PUTNAM
COUNTY PUTNAM
Zoning & alternative use
C · Carmel, NY
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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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 2020Property tax & assessments
Tax year 2020
Assessed value
$618,300
Assessed 2023
Previous assessed
$618,300
+0.0% YoY
Assessed land
$112,000
Assessed improvement
$506,300
Land market value
$112,000
Improvement market value
$506,300
Total market value
$618,300
Applied tax rate
372,002.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1930
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
5,876 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
372000 44.18-1-28.1
UPID
US63-2565946
Jurisdiction
PUTNAM
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C · Carmel, NY
Zoning C · permitted uses
C · Carmel, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
COUNTY PUTNAM
Individual
Free & Clear · 0 yrs held
Mailing address
40 GLENEIDA AVE, CARMEL, NY 10512-1705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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