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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Warehouses

136 Bracken Rd Montgomery, NY 12549-2600

20,480 SF 1.7 ac lot Built 1986
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US63-0616586
Property summary
AI-generated overview

This single-story, 17,820-square-foot industrial building offers a unique blend of warehouse and office space, ideal for a single tenant. Located on Bracken Road, the property boasts 4,175 square feet of executive office space, complete with a reception area, bathrooms, and a conference room. The warehouse area features two sections: a main area with a ceiling height of 13 feet (sloping to 11 feet) and a secondary area with 11-foot ceilings (sloping to 9 feet). A convenient side room includes a walk-in cooler and freezer. Three loading docks (two with levelers) and one drive-in door ensure efficient loading and unloading. The property benefits from three-phase electric power. Recent improvements include a new gutter system, insulation with protective sheathing in the warehouse, and a renovated parking lot accommodating 40 vehicles. The building sits on 1.7 acres of land and is zoned for General Industry, allowing for a wide range of uses. This is a NNN lease; the tenant is responsible for rent and all operating expenses, with estimated pass-throughs of $2 per square foot. The property enjoys exceptional access to major transportation arteries, including I-84 (4.5 miles), I-87 (7.5 miles), and Stewart International Airport (5.5 miles).

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Total area 20,480 SF
Lot 1.7 ac (74,052 SF)
Zoning code I1
APN 334289 30-1-65.1
UPID US63-0616586
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
  • Canteen Vending Services Big Box & Wholesale Store
  • Four Season's Vending Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.35M
Owner & transaction history
136 Bracken Road LLC · 14 yrs held
136 Bracken Road LLC
since 2012
7 recorded transactions
2022
Price N/A
2012
$1.2M
2002
$700,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.9M +9.1%
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