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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Strip malls
136 Lk St, Newburgh, NY 12550-5245
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-4143282
Property summary
AI-generated overview
This exceptional 2,500 square foot commercial space, located at 136 Lake Street #3 in Newburgh, NY, presents a fantastic opportunity for businesses seeking a high-visibility location. Situated in Lakeside Plaza, this single-tenant unit is immediately available and boasts a desirable retail/office configuration. Built in 1974, the space benefits from a recent fit-out as a coffee shop and bookstore, featuring a small kitchen, ample counter space, and large windows that flood the bright, open area with natural light. The layout offers considerable flexibility to adapt to a variety of business needs. A covered entry adds convenience for customers and employees. The property enjoys high traffic and exceptional visibility from Route 32, ensuring significant exposure to potential clients. The address is 136 Lake St, Newburgh, NY 12550. This is an ideal location to establish or expand your business. The entire 2,500 square feet is currently vacant.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Total area
26,880 SF
Lot
2.8 ac (121,968 SF)
Zoning code
RH
APN
331100 33-7-29.1
UPID
US63-4143282
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
-
orange county wine and liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Planned Parenthood - Newburgh Health Center Medical Clinic
-
Super Kennedy Fried Chicken Restaurant
-
Live In The Moment Events Event Planning Wedding Service
-
White Atmoss CBD and Vape Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$605k
Blend (final)
Blend
$605k
Owner & transaction history
Lakeside Plaza Assc · 4 yrs held
Lakeside Plaza Assc
since 2022
1 recorded transaction
Zoning & alternative use
RH · Newburgh, 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 Newburgh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburgh 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
Method
Estimation
Statistic approach
by Request
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Current use
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$23 / SF
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
$1,344,000
Assessed 2023
Previous assessed
$1,232,000
+9.1% YoY
Assessed land
$437,500
Assessed improvement
$906,500
Land market value
$437,500
Improvement market value
$906,500
Total market value
$1,344,000
Applied tax rate
331,100.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
26,880 SF
Lot
2.8 ac (121,968 SF)
Zoning code
RH
APN
331100 33-7-29.1
UPID
US63-4143282
Jurisdiction
ORANGE
Zoning & alternative use
RH · Newburgh, NY
Zoning RH · permitted uses
RH · Newburgh, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newburgh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Lakeside Plaza Assc
Individual
Mailing address
7 APTA WAY #101, MONROE, NY 10950-9431
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Lakeside Plaza Assc
Lakeside Plaza Assc
Deed
related
$1,400,000 · M & T Bank
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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