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Financial
Distress signals
Property profile

159 S Main St New City, NY 10956

FOR LEASE
Retail space
Property ID
US63-3515374
2,288 SF 0.35 ac lot Built 1970
Last sale Oct 2017 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes second-floor office space located at 159 S Main Street in New City, NY, with an approximate interior area of 650 square feet. The space is configured for professional office use and has access to surrounding businesses, restaurants, local services, and major roadways. It is suitable for administrative, consulting, or general office operations, and it is offered as a leasable office unit with utilities handled separately.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$105k
Assessed land$47k
Assessed improvement$58k

Value estimate

· Oct 2026
$400k
$360k – $440k
AI approach$415k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$5k
Operating expenses−$6k
NOI · 1,090.41% cap applied$19k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,090.41%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RS
JurisdictionROCKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop26.7
Wholesale Shop25.2
Auto Parts Store23.3

Location

159 S Main St New City, NY 10956
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 10 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
219 Main, New City, NY 10956-3317 $1,575,000 May 2025 2,400 SF
44 Main, New City, NY 10956-3719 $29,089,000 Oct 2022 68,532 SF
20 Squadron, New City, NY 10956-5200 $9,100,000 Jan 2022 62,040 SF
56 Congers, New City, NY 10956-5124 $825,000 Feb 2019 2,638 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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