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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Manufacturing properties
115 Broadway, Kingston, NY 12401
Entity Owned
Free & Clear
Property ID
US63-3254369
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
23,030 SF
Lot
3.53 ac (153,767 SF)
Zoning code
GC
APN
512200 56.52-1-14
UPID
US63-3254369
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
$2.35M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Hudson Prospect Ny LLC
Hudson Prospect Ny LLC
since 2025
3 recorded transactions
Zoning & alternative use
GC · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+186.6%
Auto repair, garage
$2.9M
+170.9%
Commercial (general)
$2.6M
+145.9%
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
$2,210,000
ML approach
$2,350,000
CAP Approach
CAP Return
Estimation
6%
$2,255,000
6.5%
$2,080,000
7%
$1,930,000
Alternative Use
Use
Estimation
RESTAURANT
$3,070,000
Change: +187% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,900,000
Change: +171% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,635,000
Change: +146% · Conversion: Difficult
OFFICE BUILDING
$1,875,000
Change: +75% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,675,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$1,535,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$1,460,000
Change: +36% · Conversion: Moderate
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±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
$96 / 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
Property tax & assessments
Assessed value
$600,000
Assessed 2023
Previous assessed
$600,000
+0.0% YoY
Assessed land
$95,000
Assessed improvement
$505,000
Land market value
$153,226
Improvement market value
$814,516
Total market value
$967,742
Applied tax rate
510,800.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
PARTIAL
Buildings
2
Stories
3
Total area
23,030 SF
Lot
3.53 ac (153,767 SF)
Zoning code
GC
APN
512200 56.52-1-14
UPID
US63-3254369
Jurisdiction
ULSTER
Zoning & alternative use
GC · Kingston, NY
Zoning GC · permitted uses
GC · Kingston, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
1970
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
3.53 ac
Current owner
From public records · entity-resolved
Hudson Prospect Ny LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 903, RIFTON, NY 12471-0903
Ownership since
2025
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
Dec 26, 2025
—
Hudson Prospect Ny LLC
Community Mfg Soln LLC
Deed
—
May 24, 2022
$2,000,000
Community Mfg Soln LLC
Preserv Ridge LLC
Deed
—
Dec 21, 2015
$500,000
Preservation Ridge LLC
Sagitt Realty Corp
Grant Deed
$450,000 · Private Individual
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.
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