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Property profile & analytics
OFF-MARKET
Investment properties
123 Academy Ave Middletown, NY 10940-5211
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-1330147
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Total area
2,863 SF
Lot
0.13 ac (5,700 SF)
Zoning code
C-2
APN
330900 40-7-11
UPID
US63-1330147
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
-
Cornerstone Dental Dental Office
-
Littner Thomas E DDS Dental Office
-
Houghtaling Susan Dental Office
-
Dr. Edward Drescher Dental Office
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
Valley 123 LLC · 2 yrs held
Valley 123 LLC
since 2024
Last sale
$325,000
4 recorded transactions
Zoning & alternative use
C-2 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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 2021Property tax & assessments
Tax year 2021
Assessed value
$33,600
Assessed 2023
Previous assessed
$33,600
+0.0% YoY
Assessed land
$6,500
Assessed improvement
$27,100
Land market value
$65,000
Improvement market value
$271,000
Total market value
$336,000
Applied tax rate
330,900.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
2
Total area
2,863 SF
Lot
0.13 ac (5,700 SF)
Zoning code
C-2
APN
330900 40-7-11
UPID
US63-1330147
Jurisdiction
ORANGE
Zoning & alternative use
C-2 · Middletown, NY
Zoning C-2 · permitted uses
C-2 · Middletown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Valley 123 LLC
Entity
Mailing address
901 2ND ST, PEEKSKILL, NY 10566-7403
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2024
$325,000
Valley 123 LLC
Littner Hldgs LLC
Deed
$243,750 · M & T Bank
Oct 9, 2002
—
Littner Holding Co LLC
Littner,thomas E
Quit Claim Deed
related
—
—
—
Littner Holding Co LLC
—
Deed Of Trust
related
$54,454 · City Of Middletown
—
—
Thomas E Littner
—
Deed Of Trust
related
$325,350 · Ftm Mortgage Co
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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