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Financial
Distress signals
Property profile

1140 Sullivan St Elmira, NY 14901

FOR LEASE
Manufacturing properties
Property ID
US63-3237052
82,162 SF 5.3 ac lot Built 1973
Last sale Jul 2019 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1140 Sullivan St, Elmira, NY 14901 For Lease
$735,000 86,892 SF available
1140 Sullivan St, Elmira, NY 14901
View Listing

Property summary

AI-generated overview

This exceptional 86,892 square foot creative office building in Elmira, NY, offers 10,700 square feet of immediately available space, divisible to a minimum of 3,100 square feet. The single-story building, zoned Light Industrial (APN 79.19-7-4), boasts a flexible design adaptable to various business needs. Multiple space configurations are possible, allowing for customization to suit specific requirements. The space is move-in ready, featuring a blend of private offices, open work areas,…

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.

Debts

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$747k
Assessed land$57k
Assessed improvement$690k

Value estimate

· Oct 2026
$735k
$662k – $809k
AI approach$735k
Submarket $/SF estimate$1.32M
NOI build-up
Gross scheduled income$1.25M
Vacancy & credit loss−$150k
Operating expenses−$275k
NOI · 16,683,272.73% cap applied$826k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
16,683,272.73%
$826k 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?
IA
This district is intended to create, preserve and enhance industrial areas devoted primarily to manufacturing establishments, research es...
General categoryINDUSTRIAL
JurisdictionCHEMUNG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm12.5
Spa & Massage11.1
Dental Office10.9

Location

1140 Sullivan St Elmira, NY 14901
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

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15 Industrial Park, Elmira, NY 14901-1723 $215,000 Feb 2022 6,050 SF
3225 Lowr Maple, Elmira, NY 14901-9512 $247,000 Jun 2021 19,200 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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