New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,570,000
Motels
1106 Rte 9w, Fort Montgomery, NY 10922-7710
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-5468604
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Total area
47,625 SF
Lot
4.69 ac (204,192 SF)
Zoning code
B
APN
333689 12-1-23
UPID
US63-5468604
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
Current use
Occupant on record · Public records
-
Holiday Inn Express & Suites West Point-Fort Montgomery, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.52M
Comparable Approach
Comparable
$5.63M
Blend (final)
Blend
$5.57M
Owner & transaction history
Krish Realty INC · 8 yrs held
Krish Realty INC
since 2017
3 recorded transactions
Zoning & alternative use
B · Fort Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+77.0%
Commercial (general)
$5.2M
+55.0%
Office building
$5.2M
+53.2%
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 Fort Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Montgomery 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,970,000
6.5%
$5,515,000
7%
$5,120,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,370,000
Current use
RESTAURANT
$5,965,000
Change: +77% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,225,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$5,160,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,715,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$4,185,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$4,055,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$5.57M
Range $5.01M – $6.13M · ±10%
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
$117 / 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
$6,004,000
Assessed 2023
Previous assessed
$6,004,000
+0.0% YoY
Assessed land
$550,600
Assessed improvement
$5,453,400
Land market value
$793,941
Improvement market value
$7,863,559
Total market value
$8,657,500
Applied tax rate
333,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2000
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
47,625 SF
Lot
4.69 ac (204,192 SF)
Zoning code
B
APN
333689 12-1-23
UPID
US63-5468604
Jurisdiction
ORANGE
Zoning & alternative use
B · Fort Montgomery, NY
Zoning B · permitted uses
B · Fort Montgomery, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.4M
RESTAURANT
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.2M
OFFICE BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$4.7M
RETAIL STORES
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.1M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2000
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
4.69 ac
Current owner
From public records · entity-resolved
Krish Realty INC
Entity
Free & Clear · 8 yrs held
Mailing address
7 RUBINSTEIN CT, SPRING VALLEY, NY 10977-1821
Ownership since
2017
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
Aug 22, 2017
—
Krish Realty INC
West Point Realty INC
Quit Claim Deed
related
—
Oct 19, 2016
—
West Point Realty INC
—
Deed
related
$5,600,000 · Walker & Dunlop LLC Walker & Dunlop LLC
—
—
West Point Realty INC
—
Loan Modification
related
$5,600,000 · Walker & Dunlop LLC Walker & Dunlop LLC
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?”
You own 1106 Rte 9w?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
