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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    151 Greenwich Ave Goshen, NY 10924

    • Investment properties
    • 1,836 SF
    • 0.81 lot acres
    For Sale
    View listing
    $2,700,000
    Value Estimations
    Cap Rate Potential
    5.5%
    Investment properties
    Location Intelligence
    Property ID
    US63-6159986
    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

    • Orange County Bagel / Bagel Shop / Breakfast Restaurant
    • Beer World Inc / Beer Store
    • LibertyX Bitcoin ATM / Atm

    Property Details for 151 Greenwich Ave

    Year built
    1978
    Lot size
    0.81 lot acres
    Property size
    1,836 SF
    Zone code
    4011
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    333001 112-12-6
    APU
    333001112126

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $290,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $265,000
      6.5%
      $245,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $306,000
      Market price range: $128k - $306k
      AI Estimate
      $283,000
      Market price range: $85.3k - $283k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $225,000
      Current use
      RETAIL STORES
      $380,000
      Change: +68% Conversion: Easy
      OFFICE BUILDING
      $350,000
      Change: +54% Conversion: Easy
      AUTO REPAIR, GARAGE
      $305,000
      Change: +36% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Orange
    State
    New York
    Longitude
    -74.3257
    Latitude
    41.4004
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, 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
    2021
    $0.00
    $69,500
    $491,500
    $561,000
    -
    $167,469
    $1,184,331
    $1,351,800

    Comparable in this City

    • Value Estimation
      $310,000
      972 SF

      874 Pulaski Hwy

      STORE/OFFICE (MIXED USE) • 972 SF
      874 Pulaski Hwy, Goshen, NY 10924-6055
      View Details
    • Value Estimation
      $265,000
      324 SF

      190 Main St

      STORE/OFFICE (MIXED USE) • 324 SF
      190 Main St, Goshen, NY 10924-1919
      View Details
    • Value Estimation
      $350,000
      2,556 SF

      2686-2688 State Rte 17m

      STORE/OFFICE (MIXED USE) • 2,556 SF
      2686-2688 State Rte 17m, Goshen, NY 10924
      View Details
    • Value Estimation
      $220,000
      1,320 SF

      213 Greenwich Ave

      STORE/OFFICE (MIXED USE) • 1,320 SF
      213 Greenwich Ave, Goshen, NY 10924-2011
      View Details
    • Value Estimation
      $370,000
      2,926 SF

      2836 Rte 17m

      STORE/OFFICE (MIXED USE) • 2,926 SF
      2836 Rte 17m, Goshen, NY 10924
      View Details
    • Value Estimation
      $240,000
      1,479 SF

      52 Church St

      STORE/OFFICE (MIXED USE) • 1,479 SF
      52 Church St, Goshen, NY 10924
      View Details

    Similar Nearby for Sale

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      9.60 Acres

      Goshen Commercial Land - Prime Location

      High-traffic, mixed-use development opportunity.
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    • $575,000
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      Two-parcel bundle with residential and commercial potential in Goshen, NY.
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    • $1,675,000
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      Commercially Zoned Land in Goshen, NY

      6.96-acre commercially zoned development site with high visibility.
      1657 Route 17M, Goshen, NY 10924
      View Details
    • $398,000
      23.00 Acres

      23 Acres Land in Goshen

      Three adjacent lots totaling 23 acres with road frontage.
      45 Cross Rd, Goshen, NY 10924
      View Details
    • $450,000
      2.00 Acres

      Goshen Industrial Land - $450K

      2-Acre Industrial Development Site
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    • $500,000
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      Goshen Retail Property - High Traffic

      Profitable Business, High Visibility, 2.8 Acres
      2841 Route 17M, Goshen, NY 10924
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    Similar Nearby for Lease

    • $850 /Mo

      Updated Office Space on 17A

      Bright office space with storefront entrance in Goshen, NY.
      1955 State Route 17A, Goshen, NY 10924
      View Details
    • $850 /Mo

      Updated Office Space For Rent

      Bright office spaces with storefront entrance, convenient location.
      1955 1, Goshen, NY 10924
      View Details
    • Contact for pricing
      3,500 SF

      New Retail Center Near Legoland

      New shopping center with retail and drive-thru opportunities.
      118 Clowes Ave, Goshen, NY 10924
      View Details
    • $15 SF/Yr
      213,444 SF

      Office Space in Goshen, NY

      Office space for rent in a high-traffic Goshen location.
      3 Hatfield Ln, Goshen, NY 10924
      View Details
    • $1,500 /Mo
      15,012 SF

      Spacious Office Suite in Goshen

      Four-room office suite with utilities and WiFi included.
      305 Main Street Ext, Goshen, NY 10924
      View Details
    • $2,000 /Mo
      2,400 SF

      Versatile Barn in Goshen, NY

      2,400 SF barn for lease, ideal for agricultural use.
      37 Cross Rd, Goshen, NY 10924
      View Details
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    151 Greenwich Ave
    Goshen, NY 10924
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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