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Financial
Distress signals
Property profile

118 Main St Elmira, NY 14904

OFF-MARKET
Other investment properties
Property ID
US63-3386578
2,790 SF 0.03 ac lot Built 1950
Last sale Feb 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a three-story brick building in Elmira, New York, with a total building area of 3,720 square feet situated on a 0.0281-acre lot. The structure is configured with retail use on the first floor and residential apartments on the upper floors, and it has been vacant for several years. The property is zoned UMU and is located near other businesses, supporting potential for a range of compatible uses consistent with the zoning designation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$45k
Assessed land$5k
Assessed improvement$40k

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$245k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$25 – $48
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMU
General categoryMIXED_USE
JurisdictionCHEMUNG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency12.9
HVAC Service10.6
Smoke and Vape Shop9.7

Location

118 Main St Elmira, NY 14904-1309
County assessor Recorded deeds · 1 transfer 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
915 Pennsylvania, Elmira, NY 14904-2633 $47,000 Apr 2025 2,661 SF
129 Chemung, Elmira, NY 14904-1407 $65,500 Apr 2024 2,914 SF
403 Main, Elmira, NY 14904-1313 $80,000 Aug 2023 3,188 SF
449 Pennsylvania, Elmira, NY 14904 $187,000 Jul 2023 2,508 SF
356 Franklin, Elmira, NY 14904-1655 $75,000 May 2023 2,698 SF
900 Broadway, Elmira, NY 14904-2541 $100,000 May 2021 2,516 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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