Property summary
This fee-simple ownership opportunity presents a 18,375 square-foot shopping center in Painted Post, NY, boasting 94% occupancy and a strong 8.45% cap rate. The property, built in 1970 and renovated in 2020, features eleven units totaling 18,375 square feet, with one 1,128 square-foot unit currently available for lease. The asking price is $1,830,140, translating to $99.60 per square foot. The property generates a Net Operating Income (NOI) of $154,647. Recent capital improvements include… roof replacement and exterior siding. The center benefits from a diverse tenant mix, including medical and service-oriented businesses such as Rivoli Dental, Miracle Ear, and The Vision Center. Situated on a 0.27-acre lot, the property is zoned VC and enjoys a prime location near major retailers like Walmart, Home Depot, and ALDI, as well as significant residential areas, Corning Sullivan Park R&D Campus, and the Siemens Energy complex. The Village maintains parking, accessways, and sidewalks, eliminating landlord responsibilities in those areas. This well-maintained center offers a compelling investment opportunity with minimal vacancy and strong potential for future growth. The property is offered free and clear of any mortgage financing. Over 23,000 people reside within a five-mile radius.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 19,425 SF
- Lot area
- 0.27 ac
- Year built
- 1974
- Stories
- 1
- APN
- 464201 299.13-02-004.000
- Zoning
- 05 - COMMERCIAL
- Assessed value · 2023
- $385,000
- Office Building
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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