Financial
Distress signals
Property profile

3700 Route 44 Millbrook, NY 12545

FOR LEASE
Other investment properties
Property ID
US63-0432619
8,800 SF 0.51 ac lot Built 1988
Last sale May 2023 · $715,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property provides modern office space at 3700 Route 44 in Millbrook, configured for flexible professional use. The suite includes three windowed offices for daylight and two interior offices for added privacy. The space can be arranged as a single office or configured as multiple offices, including an option to use four offices plus a conference room or to use five separate offices. Central air conditioning and heat serve the space, and high-speed internet service is available for tenant use. Furniture inclusion is optional.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$15k
Tax billed · 2020
Assessed value · 2023$669k
Assessed land$39k
Assessed improvement$631k
Effective rate2.18%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$740k
Submarket $/SF estimate$785k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 776.00% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 272 recorded sales of this use type
Observed band · Q1–Q3$81 – $198

Cap rate analysis

How does the asset earn?
776.00%
$13k 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?
HM
JurisdictionDUTCHESS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.1
Auto Parts Store8.4
Florist7.7

Location

3700 Route 44 Millbrook, NY 12545
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3265 Franklin, Millbrook, NY 12545 $2,000,000 Jul 2023 10,968 SF
3282-3284 Franklin, Millbrook, NY 12545 $1,325,000 Oct 2022 4,832 SF
22 Frnt, Millbrook, NY 12545-5948 $480,000 Dec 2021 3,110 SF
160 Church, Millbrook, NY 12545 $531,000 Jan 2021 4,304 SF
90 Stanford, Millbrook, NY 12545-5605 $275,000 Dec 2020 2,852 SF
3283 Franklin, Millbrook, NY 12545 $550,000 Jul 2019 5,340 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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