Financial
Distress signals
Property profile

96 Lake Ave Lake Luzerne, NY 12846

FOR SALE
Other investment properties
Property ID
US63-1472970
2,565 SF 0.13 ac lot Built 1975
Last sale Jan 2019 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a combined deli and market business location known as Joe’s Mini Mart, situated on Main Street in Lake Luzerne with high-traffic frontage. The offering includes the building and operating components associated with the deli/market use, along with the related fixtures and inventory as part of the business operations. The building has a total floor area of 2,565 square feet and contains retail and food-preparation refrigeration and cooking areas, including walk-in cooler

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

What does the county charge?
Assessed value · 2023$168k
Assessed land$45k
Assessed improvement$123k

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 8.30% cap applied$33k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
County average, outlier-cleaned · 172 recorded sales of this use type
Observed band · Q1–Q3$70 – $180
Qualifying comparables11

Cap rate analysis

How does the asset earn?
8.30%
$33k 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?
HC
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply10.4
Realty agency10.1
Auto Repair Shop9.1

Location

96 Lake Ave Lake Luzerne, NY 12846
County assessor Recorded deeds · not on file 11 qualifying comp sales 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
4 Brg, Lake Luzerne, NY 12846-6708 $150,000 Dec 2023 1,410 SF
2244 Call, Lake Luzerne, NY 12846 $119,000 Dec 2023 1,401 SF
1289 Lk, Lake Luzerne, NY 12846-3303 $184,500 Apr 2023 1,392 SF
11 Main, Lake Luzerne, NY 12846 $20,000 Oct 2021 3,213 SF
887 Lk, Lake Luzerne, NY 12846-3921 $270,000 Feb 2021 2,688 SF
11 Brg, Lake Luzerne, NY 12846-6707 $37,000 Nov 2019 5,288 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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