Entity Owned Property summary
AI-generated overview
This thriving Israeli restaurant in Chester, NY, presents a unique investment opportunity. Located at 115 Main St., this 7,813 sq ft. property sits on a 0.37-acre lot and boasts a strong reputation, evidenced by over 400 five-star Google reviews and a loyal social media following exceeding 2000. The business operates with 20 full-time employees and benefits from an under-market-value lease with 20 years remaining, and zero debt. All equipment, furniture, and a custom-designed food truck are included in the sale. The chef-designed kitchen prioritizes efficiency, and the restaurant comfortably seats 76 inside, with additional outdoor seating. Ample parking is available on-site and on the street. The property is zoned B1 and features 220-volt power. The restaurant's current success, coupled with its established customer base and diverse revenue streams (including wholesale to local markets), positions it for continued growth and a rapid return on investment. This is a single-tenant property with significant potential for expansion.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Total area
7,813 SF
Lot
0.37 ac (15,960 SF)
Zoning code
B1
APN
332201 111-2-42
UPID
US63-0129885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$785k
Blend (final)
Blend
$895k
Owner & transaction history
since 2022
Last sale
$843,000
7 recorded transactions
Zoning & alternative use
B1 · Chester, NY
Top alternative use upside
Auto repair, garage
$1.3M
+54.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$895k
Value range
$806k – $985k
±10% around blend
Estimated value / SF
$115 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$806k
blend $895k
$985k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,813 SF
Lot area
0.37 ac
Year built
1940
Stories
2
APN
332201 111-2-42
Zoning
B1
Assessed value
$326,600
Annual tax
$4,581
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.05M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.14M
@ 6.5% CAP return
$1.05M
@ 7% CAP return
$970k
4
Sales comparison
Partial preview
Sales approach indication
$791k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.7 mi away · 8,532 SF
16.7 mi away · 6,400 SF
18.3 mi away · 6,702 SF
24.6 mi away · 5,760 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$895k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 15 sales
$108
+6%
Submarket 15 sales
$108
+6%
County 447 sales
$142
-19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $115/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+54%
vs current-use indication
Commercial (general) · current use
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
7.60%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.60%
9.0%
NOI (est.)
$59k *
Last sale · Jan 2022
$843k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$776k
Move the market yield to see immediate price impact.
Value / SF
$99
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
7.10%7.60%8.10%
$53k
$748k
$699k
$656k
$59k
$831k
$776k
$729k
$65k
$914k
$854k
$801k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$450k
4.2 mi · Sep 2025 · $69/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$4,581
Tax year 2021
Assessed value
$326,600
Assessed 2023
Previous assessed
$326,600
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$64,600
Assessed improvement
$262,000
Land market value
$157,564
Improvement market value
$639,036
Total market value
$796,600
Applied tax rate
332,201.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Heating
NONE
Buildings
1
Stories
2
Total area
7,813 SF
Lot
0.37 ac (15,960 SF)
Zoning code
B1
APN
332201 111-2-42
UPID
US63-0129885
Jurisdiction
ORANGE
Zoning & alternative use
B1 · Chester, NYZoning B1 · permitted uses
B1 · Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Stories
2
Buildings
1
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B1
Jurisdiction
Chester, NY
Recorded code
B1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B1 in Chester, 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.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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