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    Property profile & analytics

    168 Kingston Ave Wurtsboro, NY 12790

    • Auto shops
    • 1,440 SF
    • 0.37 lot acres
    For Sale
    View listing
    $449,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2615432
    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

    • Auto shops

    Property Details for 168 Kingston Ave

    Year built
    1987
    Lot size
    0.37 lot acres
    Property size
    1,440 SF
    Zone code
    C1
    Property type
    Auto shops
    APN
    484003 106.-1-5
    APU
    48400310615

    Description

    This exceptional 1,440 square foot retail property, situated on a 0.37-acre lot at the bustling intersection of State Route 209 and Sullivan Street in Wurtsboro, NY, presents a unique investment opportunity. Boasting extreme visibility and high traffic counts—nearly 6,000 vehicles daily on Route 209 and over 4,000 on Sullivan Avenue—this location is ideally positioned across from established businesses including gas stations, a convenience store, Dunkin' Donuts, and a restaurant/pub. The building, previously used as a car service business, sustained damage in an accident and requires either significant renovation or demolition and new construction. Ample parking is available, making it suitable for a wide range of uses, including retail, medical, pharmacy, takeout, salon, or professional offices. Its convenient location just a mile or so from NYS Route 17/I-86 offers easy access to a larger regional market. Wurtsboro itself is a thriving town in southern Sullivan County, minutes from the Orange County line and an hour from New York City. The property features oil-fueled heating and above-ground fuel tanks. This is a perfect opportunity for a business seeking high visibility and a strong customer base in the beautiful Sullivan County Catskills region. The high traffic counts and prime location make this a truly exceptional opportunity for a new business or a relocation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Wurtsboro
    County
    Sullivan
    State
    New York
    Longitude
    -74.4886
    Latitude
    41.5772

    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
    $18,700
    $14,100
    $32,800
    -
    $49,867
    $37,600
    $87,467

    Comparable in this City

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      $255,000
      1,008 SF

      3 Sarine Rd

      AUTO REPAIR, GARAGE • 1,008 SF
      3 Sarine Rd, Wurtsboro, NY 12790-5100
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    • Value Estimation
      $250,000
      1,000 SF

      89 Summitville Rd

      AUTO REPAIR, GARAGE • 1,000 SF
      89 Summitville Rd, Wurtsboro, NY 12790-8336
      View Details
    • Value Estimation
      $260,000
      3,200 SF

      3973 State Rte 209

      AUTO REPAIR, GARAGE • 3,200 SF
      3973 State Rte 209, Wurtsboro, NY 12790-4035
      View Details
    • Value Estimation
      $310,000
      1,520 SF

      629 Wurtsboro Mtn Rd

      AUTO REPAIR, GARAGE • 1,520 SF
      629 Wurtsboro Mtn Rd, Wurtsboro, NY 12790-2001
      View Details
    • Value Estimation
      $295,000
      1,710 SF

      167 Kingston Ave

      SERVICE STATION WITH FOOD MART • 1,710 SF
      167 Kingston Ave, Wurtsboro, NY 12790
      View Details
    • Value Estimation
      $280,000
      3,656 SF

      148-154 Main St

      SERVICE STATION WITH FOOD MART • 3,656 SF
      148-154 Main St, Wurtsboro, NY 12790
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Wurtsboro Auto Repair Shop

      Fully equipped auto repair and body shop on 3.5 acres.
      61 Sullivan St, Wurtsboro, NY 12790
      View Details
    • $125,000

      Wurtsboro Retail Property with Parking

      Retail property with large parking lot on State Route 209.
      4023 State Route 209, Wurtsboro, NY 12790
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    • $125,000
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      Wurtsboro Retail Space - High Visibility

      Prime Retail Space, 8 Acres, High Traffic
      4023 State Route 209, Wurtsboro, NY 12790
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    • $895,000
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      Wurtsboro Industrial Property

      6,000 SF Warehouse on 13.5 Acres
      1756 Us-209, Wurtsboro Hills, NY 12790
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    • $449,900
      1,440 SF

      High-Visibility Wurtsboro Retail Space

      Prime Corner Lot, High Traffic, Needs Renovation
      168 Kingston Ave, Wurtsboro, NY 12790
      View Details
    • $349,900
      0.21 Acres

      Wurtsboro Village Retail Opportunity

      Retail/office space in walkable village with additional storage building.
      77 Sullivan St, Wurtsboro, NY 12790
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo
      5,663 SF

      Wurtsboro Commercial Space For Lease

      Second-floor commercial space in historic downtown Wurtsboro.
      126 Sullivan St, Wurtsboro, NY 12790
      View Details
    • $16 SF/Yr

      Wurtsboro Retail Spaces For Lease

      Three retail/office spaces available in Stewart's Shop plaza.
      187 Kingston Ave, Wurtsboro, NY 12790
      View Details
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    Wurtsboro, NY 12790
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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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