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Property profile & analytics
OFF-MARKET
Estimated value
$2,915,000
Medical Office Space
140 Hammond St 158, Port Jervis, NY 12771-2607
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2990299
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1959
Total area
20,914 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NMU
APN
331300 14-13-10
UPID
US63-2990299
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 Family Healthcare Medical Clinic
-
Dr. Zaharoula Maris, DMD Dental Office
-
Singaravelu Nila MD Physician
-
Brunn Stanley MD Physician
-
Anna Stratis Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.92M
Owner & transaction history
Cornerstone Family Healthcare · 7 yrs held
Cornerstone Family Healthcare
since 2019
5 recorded transactions
Zoning & alternative use
NMU · Port Jervis, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+47.1%
Office building
$2.2M
+22.4%
Auto repair, garage
$2.1M
+20.2%
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 Port Jervis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Jervis 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,780,000
Current use
RESTAURANT
$2,620,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$2,180,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,140,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,840,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.92M
Range $2.62M – $3.21M · ±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
$139 / 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
$1,512,869
Assessed 2023
Previous assessed
$234,800
+544.3% YoY
Assessed land
$23,650
Assessed improvement
$1,489,219
Land market value
$82,262
Improvement market value
$5,179,938
Total market value
$5,262,200
Applied tax rate
331,300.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1959
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
20,914 SF
Lot
1.1 ac (47,916 SF)
Zoning code
NMU
APN
331300 14-13-10
UPID
US63-2990299
Jurisdiction
ORANGE
Zoning & alternative use
NMU · Port Jervis, NY
Zoning NMU · permitted uses
NMU · Port Jervis, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Jervis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1959
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Cornerstone Family Healthcare
Individual
Mailing address
2570 US HWY 9TH STE #10, CORNWALL, NY 12518-1370
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2019
$475,000
Cornerstone Family Healthcare
Hudson Valley Fed Cu
Grant Deed
—
Feb 26, 2019
$577,481
Hudson Vly FCU
Middletown Cmnty Health Ctr In
Grant Deed
—
Jul 7, 2017
—
Middletown Cmnty Health Center
—
Grant Deed
related
$2,000,000 · Miscellaneous Govt Agcy
Nov 24, 2009
$260,000
Middletown Cmnty Health Ctr In
Bon Secours Cmnty Hos
Grant Deed
—
—
—
Middletown Cmnty Health Center
—
Deed Of Trust
related
$621,700 · Hudson Vly Cu
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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