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

    46 Oscawana Lk Rd Putnam Valley, NY 10579-3009

    • Investment properties
    • 1,150 SF
    • 0.60 lot acres
    OFF-MARKET
    Last Sale
    Feb 05, 2025
    $250,000
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-6017390
    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

    • Hudson Valley Community Services (HVCS) Putnum Valley / Social Services Organization
    • Putnam Arcs - Food Distribution Center / Food Bank

    Property Details for 46 Oscawana Lk Rd

    Year built
    1938
    Lot size
    0.60 lot acres
    Property size
    1,150 SF
    Zone code
    CC1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    372800 83.20-1-9
    APU
    372800832019

    Description

    This exceptional commercial property, located at 46 Oscawana Lake Road in Putnam Valley, New York, presents a unique investment opportunity. The 2,300 square foot building, constructed in 1938 and situated on a 0.6-acre lot, boasts a desirable CC1 zoning designation, ideal for a variety of commercial uses. Completely renovated in 2005, the property features updated electrical and plumbing systems, along with new windows and doors. The building comprises two stories, offering ample space for business operations. Convenient parking is available both in front and to the side of the building. The upper level is ADA compliant and accessible via two separate entrances. This turnkey property is listed at $250,000 and offers a prime location in a high-traffic area of Putnam Valley (zip code 10579), making it an attractive option for businesses seeking a well-maintained and conveniently located space in Putnam County, New York. The single-unit building is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $210,000
      ML approach
      $210,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $347,000
      Market price range: $149k - $348k
      AI Estimate
      $182,000
      Market price range: $109k - $182k

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

    Location Insight

    • Map
    • Local Demand
    City
    Putnam Valley
    County
    Putnam
    State
    New York
    Longitude
    -73.8745
    Latitude
    41.3387
    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
    $76,100
    $205,800
    $281,900
    -
    $76,100
    $205,800
    $281,900

    Comparable in this City

    • Value Estimation
      $70,000
      512 SF

      63 Morrissey Dr

      STORE/OFFICE (MIXED USE) • 512 SF
      63 Morrissey Dr, Putnam Valley, NY 10579
      View Details
    • Value Estimation
      $215,000
      660 SF

      14 Morrissey Dr

      STORE/OFFICE (MIXED USE) • 660 SF
      14 Morrissey Dr, Putnam Valley, NY 10579-3019
      View Details
    • Value Estimation
      $350,000
      1,232 SF

      22 Oscawana Lk Rd

      STORE/OFFICE (MIXED USE) • 1,232 SF
      22 Oscawana Lk Rd, Putnam Valley, NY 10579-3009
      View Details
    • Value Estimation by Request
      1,568 SF

      123 Lk Shr Rd

      STORE/OFFICE (MIXED USE) • 1,568 SF
      123 Lk Shr Rd, Putnam Valley, NY 10579
      View Details
    • Value Estimation
      $305,000
      1,949 SF

      15 Morrissey Dr

      STORE/OFFICE (MIXED USE) • 1,949 SF
      15 Morrissey Dr, Putnam Valley, NY 10579-3051
      View Details
    • Value Estimation
      $550,000
      1,992 SF

      129 Lk Shr Rd

      STORE/OFFICE (MIXED USE) • 1,992 SF
      129 Lk Shr Rd, Putnam Valley, NY 10579
      View Details

    Similar Nearby for Sale

    • $159,000
      6.54 Acres

      Land in Putnam Valley, NY

      6.54-acre lot approved for a 5-bedroom residence.
      82 Wiccopee Rd, Putnam Valley, NY 10579
      View Details
    • New
      $54,500
      1.98 Acres

      Putnam Valley Land Near Lake

      Residential land in private lake community, one hour from Manhattan.
      Moon Rd, Putnam Valley, NY 10579
      View Details
    • $175,000
      10.35 Acres

      Secluded 10+ Acre Land Parcel

      Private 10.35-acre parcel in Putnam Valley, ready for your vision.
      Wiccopee Rd, Putnam Valley, NY 10579
      View Details
    • $634,900

      Putnam Valley Specialty Property

      Specialty property available for sale in Putnam Valley, NY.
      687 Sprout Brook Rd, Putnam Valley, NY 10579
      View Details
    • $1,500,000

      Prime Market and Deli Location

      Turnkey market and deli in the heart of Putnam Valley.
      4 Oscawana Lake Rd, Putnam Valley, NY 10579
      View Details
    • $209,000
      Pending

      Remarkable Land Parcel in Putnam Valley

      17.4-acre parcel approved for a 5-bedroom home.
      Wiccopee Rd, Putnam Valley, NY 10579
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      3,397,680 SF

      Wooded Land in Putnam Valley

      78-acre wooded lot zoned for residential and other uses.
      Unassigned Wiccopee Rd, Putnam Valley, NY 10579
      View Details
    • $30 SF/Yr
      1,300 SF

      Putnam Valley Flex/Industrial Space

      Flex/Industrial space available for lease in Putnam Valley, NY.
      17 Peekskill Hollow Rd, Putnam Valley, NY 10579
      View Details
    • $1,650 /Mo
      125,017 SF

      Professional Office Space For Lease

      Private office in central Putnam Valley, ideal for professionals.
      21 Peekskill Hollow Rd, Putnam Valley, NY 10579
      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.
    46 Oscawana Lk Rd
    Putnam Valley, NY 10579-3009
    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.