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Property profile & analytics
FOR SALE
Investment properties
106 Broadway Newburgh, NY 12550
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2772395
For Sale
1 / 2
$490,000
106 Broadway, Newburgh, NY 12550
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1896
Total area
4,136 SF
Lot
0.05 ac (1,980 SF)
Zoning code
BC
APN
331100 30-5-27
UPID
US63-2772395
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$545k
Owner & transaction history
106 Broadway LLC · 2 yrs held
106 Broadway LLC
since 2023
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
BC · Newburgh, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$855,000
+79.6%
Office building
$785,000
+65.6%
Auto repair, garage
$690,000
+45.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newburgh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburgh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$475,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$475,000
Current use
RETAIL STORES
$855,000
Change: +80% · Conversion: Easy
OFFICE BUILDING
$785,000
Change: +66% · Conversion: Easy
AUTO REPAIR, GARAGE
$690,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $550k (Sep 27 2023)
Last sale anchor
$550k
Sep 27 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$383,000
Assessed 2023
Previous assessed
$193,600
+97.8% YoY
Assessed land
$39,200
Assessed improvement
$343,800
Land market value
$39,200
Improvement market value
$343,800
Total market value
$383,000
Applied tax rate
331,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1896
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
4,136 SF
Lot
0.05 ac (1,980 SF)
Zoning code
BC
APN
331100 30-5-27
UPID
US63-2772395
Jurisdiction
ORANGE
Zoning & alternative use
BC · Newburgh, NY
Zoning BC · permitted uses
BC · Newburgh, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newburgh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$475,000
RETAIL STORES
Est. value
$855,000
OFFICE BUILDING
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$690,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1896
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
106 Broadway LLC
Entity
Free & Clear · 2 yrs held
Mailing address
106 BROADWAY, NEWBURGH, NY 12550-5514
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
106 Broadway LLC
—
Deed
related
$1,950,000 · Stearns Bank NA
Sep 27, 2023
$550,000
106 Broadway LLC
Guarien J Gil
Deed
—
Oct 4, 2005
—
Guarien J Gil
Gil,leomaris F
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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