Realmo Analytics

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Property profile

355 Smith Ridge Rd South Salem, NY 10590

FOR SALE
Turn key restaurants
Property ID
US63-3615180
2.11 ac lot
Last sale Feb 2016 · $1,480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-acre site in South Salem, Westchester County, positioned along a major thoroughfare near the New York–Connecticut border. It is planned as a combined restaurant and mixed-use facility with an upgraded commercial kitchen featuring new appliances and a hood system, dining areas sized for more than 100 guests, a wine bar, and a private event room, along with an outdoor dining patio. The design includes an expanded basement area for additional storage and operational space,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$58k
Assessed land$18k
Assessed improvement$40k

Value estimate

· Nov 2026
$380k
$342k – $418k
AI approach$380k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$5k
Operating expenses−$26k
NOI · 3.10% cap applied$77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$527/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$321 – $690

Cap rate analysis

How does the asset earn?
3.10%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R1
JurisdictionWESTCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.1
Dental Office12.5
Law Firm12.2

Location

355 Smith Ridge Rd South Salem, NY 10590
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1156 Rte 35, South Salem, NY 10590-1105 $4,050,000 Mar 2023 1,546 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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