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    Property profile & analytics

    131 Main St Penn Yan, NY 14527-1227

    • Investment properties
    • 18,792 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US63-4200980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Keuka Candy Emporium & Keuka Emporium Event Venue / Candy Store / Bubble Tea Store
    • Carl J. Schwartz Jr. Esq / Attorney / Divorce Lawyer
    • Leap of Faith Studios / Ballet School

    Property Details for 131 Main St

    Year built
    1960
    Lot size
    0.11 lot acres
    Property size
    18,792 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    573001 49.67-2-59
    APU
    5730014967259

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $345,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $390,000
      Mixed-Use
      $450,000
      Hospitality
      $425,000
      Educational
      $340,000
      Residential Income
      $385,000
      Energy
      $390,000
      Income-Based Land
      $330,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.0537
    Latitude
    42.6618
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $6,086
    $7,100
    $220,800
    $227,900
    -
    $7,100
    $220,800
    $227,900

    Comparable in this City

    • Value Estimation by Request
      11,052 SF

      111 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,052 SF
      111 Elm St, Penn Yan, NY 14527-1411
      View Details
    • Value Estimation
      $280,000
      12,760 SF

      24 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,760 SF
      24 Main St, Penn Yan, NY 14527-1616
      View Details
    • Value Estimation
      $285,000
      8,442 SF

      100-102 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,442 SF
      100-102 Elm St, Penn Yan, NY 14527
      View Details
    • Value Estimation
      $270,000
      4,016 SF

      114-116 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,016 SF
      114-116 Elm St, Penn Yan, NY 14527
      View Details
    • Value Estimation
      $190,000
      2,502 SF

      104 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,502 SF
      104 Elm St, Penn Yan, NY 14527-1412
      View Details
    • Value Estimation
      $235,000
      3,000 SF

      20 Maiden Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 3,000 SF
      20 Maiden Ln, Penn Yan, NY 14527-1226
      View Details

    Similar Nearby for Sale

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      Commercial Land with Seneca Lake View

      3+ acre commercial land parcel with a well and lake view.
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      Land For Sale

      Commercial land available for sale.
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      Land For Sale

      Land available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      12,300 SF

      Industrial Space with Loading Docks

      Manufacturing and light industrial space available for rent.
      240 North Ave, Penn Yan, NY 14527
      View Details
    • $1,600 /Mo

      Professional Office Space For Rent

      Professional office space with parking and utilities included.
      270 Lake St, Penn Yan, NY 14527
      View Details
    • $24 SF/Yr
      1,250 SF

      Retail/Office Space in Penn Yan

      Prime retail or office space in a high-traffic tourist location.
      124 Elm St, Penn Yan, NY 14527
      View Details
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    131 Main St
    Penn Yan, NY 14527-1227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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