Property summary
AI-generated overview
A retail/restaurant space located at 105 Towners Road, Carmel, NY 10512, in Putnam County, situated on a 0.5545-acre lot. The unit is positioned on a high-visibility corner directly across from Lake Carmel and is configured for food service based on its prior use as an ice cream shop, with a modernized interior. Improvements include an installed commercial kitchen fume hood and a fire suppression system. The property provides exclusive use of an outdoor seating area and includes a large private parking lot. Zoning is R10, and the space is suited for uses such as a boutique cafe, bakery, pizzeria, specialty eatery, ice cream shop, or similar retail/food concepts.
Property profile
Verified
Property type
Commercial Building, Mail Order, Show Room (Non-Auto)
Year built
1961
Total area
7,950 SF
Lot
0.55 ac (24,156 SF)
Zoning code
R10
APN
372200 33.73-1-39
UPID
US63-1308311
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
since 2025
Last sale
$1.6M
2 recorded transactions
Zoning & alternative use
R10 · Carmel, NY
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
7,950 SF
Lot area
0.55 ac
Year built
1961
APN
372200 33.73-1-39
Zoning
R10
Assessed value
$565,000
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.36M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.4 mi away · 6,400 SF
18.8 mi away · 7,970 SF
24.1 mi away · 8,350 SF
5
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.55M
Move the market yield to see immediate price impact.
Value / SF
$195
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$98k
$1.95M
$1.39M
$1.09M
$109k
$2.17M
$1.55M
$1.21M
$119k
$2.39M
$1.70M
$1.33M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$875k
9.3 mi · Dec 2025 · $123/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$565,000
Assessed land
$67,108
Assessed improvement
$497,892
Land market value
$97,541
Improvement market value
$723,680
Total market value
$821,221
Applied tax rate
372,002.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial Building, Mail Order, Show Room (Non-Auto)
Status
Off-Market
Year built
1961
Total area
7,950 SF
Lot
0.55 ac (24,156 SF)
Zoning code
R10
APN
372200 33.73-1-39
UPID
US63-1308311
Zoning & alternative use
R10 · Carmel, NYZoning R10 · permitted uses
R10 · Carmel, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1961
Lot
0.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R10
Jurisdiction
Carmel, NY
Recorded code
R10
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R10 in Carmel, NY.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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