Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    160 Van Ness St Newburgh, NY 12550-4745

    • Showrooms
    • 900 SF
    • 0.24 lot acres
    OFF-MARKET
    Last Sale
    Jun 26, 2024
    $340,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-6261923
    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

    • Mid Valley Properties Management / Property Management Company

    Property Details for 160 Van Ness St

    Year built
    1930
    Lot size
    0.24 lot acres
    Property size
    900 SF
    Zone code
    RL
    Property type
    Showrooms
    APN
    331100 28-1-38
    APU
    33110028138

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0255
    Latitude
    41.502
    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
    $117,200
    $233,800
    $351,000
    -
    $117,200
    $233,800
    $351,000

    Comparable in this City

    • Value Estimation
      $1,245,000
      8,972 SF

      33 Robinson Ave

      SHOW ROOM, WAREHOUSE • 8,972 SF
      33 Robinson Ave, Newburgh, NY 12550
      View Details
    • Value Estimation by Request
      1,848 SF

      74 Colden Hl Rd

      SHOW ROOM, WAREHOUSE • 1,848 SF
      74 Colden Hl Rd, Newburgh, NY 12550-2322
      View Details
    • Value Estimation by Request
      924 SF

      766 Broadway

      SHOW ROOM, WAREHOUSE • 924 SF
      766 Broadway, Newburgh, NY 12550-6549
      View Details
    • Value Estimation by Request
      1,640 SF

      5186 Rte 9w

      SHOW ROOM, WAREHOUSE • 1,640 SF
      5186 Rte 9w, Newburgh, NY 12550-1488
      View Details
    • Value Estimation
      $760,000
      8,538 SF

      407 Plank Rd

      SHOW ROOM, WAREHOUSE • 8,538 SF
      407 Plank Rd, Newburgh, NY 12550-2406
      View Details
    • Value Estimation by Request
      1.00 Acre

      29 Plank Rd

      SHOW ROOM, WAREHOUSE • 1.00 Acre
      29 Plank Rd, Newburgh, NY 12550-2111
      View Details

    Similar Nearby for Sale

    • $249,000

      Mixed-Use Property in Downtown Newburgh

      Investment opportunity: apartment and deli in vibrant downtown location.
      317 Liberty St, Newburgh, NY 12550
      View Details
    • $400,000
      1.20 Acres

      Retail Pad Near Interstate I-84

      Unimproved retail land with site plan near Interstate I-84.
      245 Route 17K, Newburgh, NY 12550
      View Details
    • $3,300,000

      Newburgh Mixed-Use Commercial Property

      Mixed-use building with retail frontage and warehouse space for sale.
      453 Broadway, Newburgh, NY 12550
      View Details
    • $540,000

      Mixed-Use Townhouse on Liberty Street

      Three-unit mixed-use townhome, fully renovated and move-in ready.
      12 Liberty St, Newburgh, NY 12550
      View Details
    • $2,650,000

      Fully Leased Commercial Property

      Commercial property with established tenants in a high-traffic area.
      471 Broadway, Newburgh, NY 12550
      View Details
    • $399,999
      0.06 Acres

      Renovated Mixed-Use Triplex in Newburgh

      Mixed-use triplex with storefront and two apartments in Newburgh.
      12 Liberty St, Newburgh, NY 12550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,032 SF

      Retail Space on Route 300

      Grocery-anchored strip center with national co-tenants and pylon signage.
      1431-1433 Route 300, Newburgh, NY 12550
      View Details
    • $1,650 /Mo

      Newburgh Commercial Space For Lease

      Turnkey commercial space in Newburgh's thriving historic district.
      41 Liberty St, Newburgh, NY 12550
      View Details
    • $2,500 /Mo
      121,968 SF

      Retail/Office Space in Newburgh

      2500 SqFt retail/office space in Lakeside Plaza.
      136 Lake St, Newburgh, NY 12550
      View Details
    • $1,500 /Mo
      900 SF

      Newburgh Retail Space Available

      Retail space available in Newburgh, New York.
      19 Front St, Newburgh, NY 12550
      View Details
    • $3,000 /Mo

      Downtown Newburgh Storefront for Rent

      1500 sq ft storefront in historic downtown Newburgh.
      86 Broadway, Newburgh, NY 12550
      View Details
    • $20 SF/Yr
      1,200 SF

      Renovated Storefront in Mixed-Use Building

      Renovated storefront suitable for various businesses in Newburgh, NY.
      162 Broadway, Newburgh, NY 12550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    160 Van Ness St
    Newburgh, NY 12550-4745
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.