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Property profile & analytics
FOR LEASE
Warehouses
146 S Robinson Ave B Newburgh, NY 12550
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-1743743
For Lease
1 / 23
$3,500/Mo
146 S Robinson Ave,Unit B, Newburgh, NY 12550
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1958
Total area
7,324 SF
Lot
0.8 ac (34,848 SF)
Zoning code
IND
APN
331100 43-1-19
UPID
US63-1743743
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
-
Bottles For Bucks Inc. Recycling Center
-
Accu-Tile General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
146-160 Robinson Bh LLC · 4 yrs held
146-160 Robinson Bh LLC
since 2021
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
IND · Newburgh, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+149.8%
Office building
$1.4M
+130.4%
Auto repair, garage
$1.2M
+102.2%
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 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
$1,205,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,510,000
Change: +150% · Conversion: Moderate
OFFICE BUILDING
$1,395,000
Change: +130% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,225,000
Change: +102% · Conversion: Easy
COMMERCIAL (GENERAL)
$840,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.11M (Jul 30 2021)
Last sale anchor
$1.11M
Jul 30 2021
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
$158 / 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
$400,000
Assessed 2023
Previous assessed
$364,800
+9.6% YoY
Assessed land
$252,500
Assessed improvement
$147,500
Land market value
$252,500
Improvement market value
$147,500
Total market value
$400,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1958
Heating
NONE
Buildings
1
Stories
1
Total area
7,324 SF
Lot
0.8 ac (34,848 SF)
Zoning code
IND
APN
331100 43-1-19
UPID
US63-1743743
Jurisdiction
ORANGE
Zoning & alternative use
IND · Newburgh, NY
Zoning IND · permitted uses
IND · 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
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$840,000
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1958
Heating
NONE
Stories
1
Buildings
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
146-160 Robinson Bh LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1274 49TH ST STE #212, BROOKLYN, NY 11219-3011
Ownership since
2021
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
Jul 30, 2021
$1,105,000
146-160 Robinson Bh LLC
146-160 Robinson Ave LLC
Deed
—
Dec 10, 2019
$800,000
146-160 Robinson Ave LLC
Pgj Management LLC
Deed
—
Oct 5, 2015
—
George S Baltsas
Baltsas Trust
Quit Claim Deed
related
—
May 13, 2009
—
George Baltsas
Baltsas,stavros
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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