New search
Property profile & analytics
OFF-MARKET
Auto shops
156 Salem St, Port Ewen, NY 12466-7700
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-2106350
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1959
Total area
1,980 SF
Lot
0.4 ac (17,424 SF)
Zoning code
BC
APN
512200 56.59-6-46.100
UPID
US63-2106350
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edward J Flick · 5 yrs held
Edward J Flick
since 2021
7 recorded transactions
Zoning & alternative use
BC · Port Ewen, 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 Port Ewen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Ewen 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$300,000
Assessed 2023
Previous assessed
$300,000
+0.0% YoY
Assessed land
$43,700
Assessed improvement
$256,300
Land market value
$70,484
Improvement market value
$413,387
Total market value
$483,871
Applied tax rate
510,800.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1959
Heating
HOT WATER
Buildings
2
Stories
1
Rooms
8
Bathrooms
2
Total area
1,980 SF
Lot
0.4 ac (17,424 SF)
Zoning code
BC
APN
512200 56.59-6-46.100
UPID
US63-2106350
Jurisdiction
ULSTER
Zoning & alternative use
BC · Port Ewen, NY
Zoning BC · permitted uses
BC · Port Ewen, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Ewen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
HOT WATER
Stories
1
Buildings
2
Rooms
8
Bathrooms
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Edward J Flick
Individual
Mailing address
156 SALEM ST, PORT EWEN, NY 12466-7700
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2021
—
Edward J Flick
Edward J Flick
Deed
related
$140,000 · Wallkill Valley Fsla
—
—
Edward J Flick
—
Deed Of Trust
related
$38,500 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$42,300 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$12,000 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$36,700 · Rondout Savings Bank
—
—
Edward H Flick
—
Deed Of Trust
related
$45,000 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$40,000 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$15,000 · Rondout Savings Bank
—
—
Edward J Flick
—
Deed Of Trust
related
$40,000 · Rondout Savings 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.
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?”
You own 156 Salem St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
