Property profile

37199 State Highway 23 Grand Gorge, NY 12434

FOR LEASE
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Property ID
US63-1859476
6,336 SF 0.44 ac Built 1960
Last sale Oct 2026·$490,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 6,336-square-foot mixed-use building on a 0.55-acre lot, featuring four residential apartments and renovated ground-level commercial space. The residential component consists of three second-floor two-bedroom apartments and one first-floor one-bedroom unit, with shared interior upgrades that include hardwood flooring, updated cabinetry and fixtures, updated appliances, Energy Star baseboard heat, and new lighting, along with shared areas finished with custom wainscoting, an…

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 · 2020

What does the county charge?
$4k
Tax billed · 2020
Assessed value · 2023$350k
Assessed land$17k
Assessed improvement$333k
Effective rate1.14%

Value estimate

· Nov 2026
$275k
$248k – $303k
CAP approach$940k
Submarket $/SF estimate$580k
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 1,056.90% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$32 – $103

Cap rate analysis

How does the asset earn?
1,056.90%
$21k 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?
01 - NOT ZONED
JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.1
Auto Parts Store8.1
Storage Facility8.1

Location

37199 State Highway 23 Grand Gorge, NY 12434
County assessor Recorded deeds · 3 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37257 State Hwy 23, Grand Gorge, NY 12434 $141,323 Nov 2022 2,736 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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