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Property profile & analytics
FOR SALE
Commercial real estate
112 Spring St, South Salem, NY 10590
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-6204355
For Sale
1 / 13
$1,650,000
112 Spring St, South Salem, NY 10590
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1928
Total area
1,728 SF
Lot
0.37 ac (16,117 SF)
Zoning code
SC-RB
APN
553000 10542-005-0030
UPID
US63-6204355
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
-
Rug Cleaning South Salem Carpet Cleaning Service
-
Lily's Deli and Market Food Market Restaurant
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
South Salem Deli LLC · 21 yrs held
South Salem Deli LLC
since 2005
6 recorded transactions
Zoning & alternative use
SC-RB · South Salem, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 South Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Salem 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Assessed value
$36,800
Assessed 2023
Previous assessed
$36,800
+0.0% YoY
Assessed land
$8,000
Assessed improvement
$28,800
Land market value
$114,613
Improvement market value
$412,607
Total market value
$527,220
Applied tax rate
552,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1928
Heating
HOT WATER
Stories
2
Total area
1,728 SF
Lot
0.37 ac (16,117 SF)
Zoning code
SC-RB
APN
553000 10542-005-0030
UPID
US63-6204355
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
SC-RB · South Salem, NY
Zoning SC-RB · permitted uses
SC-RB · South Salem, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
HOT WATER
Stories
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
South Salem Deli LLC
Entity
Free & Clear · 21 yrs held
Mailing address
SPG ST, NORTH SALEM, NY 10560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2005
$1,225,000
South Salem Deli LLC
Doren,bruno J & Renate M
Grant Deed
—
Apr 12, 2005
—
Hoboken Ents 2 LLC
—
Deed Of Trust
related
$2,200,000 · Fundex Capital Corp
—
—
South Salem Deli LLC
—
Loan Modification
related
$800,000 · Mahopac Bk
—
—
South Salem Deli LLC
—
Deed Of Trust
related
$800,000 · Richard J Coburn
—
—
Conklin Holdings LLC
—
Deed Of Trust
related
$6,915,000 · Fundex Capital Corp
—
—
South Salem Deli LLC
—
Deed Of Trust
related
$200,000 · Michael Carpenito
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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