Individually Owned Property summary
AI-generated overview
The property is a mixed-use building located in Gansevoort, New York, on a 0.43-acre lot. It contains approximately 5,130 square feet of space and includes both a metal building and a front building. The property is zoned for mixed use and was updated with a 200-amp electrical service. The metal building is in a maintained condition, while the front building has structural integrity but requires updating to bring it to current standards.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1960
Total area
2,730 SF
Lot
0.43 ac (18,731 SF)
Zoning code
07 - MIXED
APN
414600 103.8-1-46
UPID
US63-0228811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$145k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$135k
Owner & transaction history
since 2021
Last sale
$122,500
4 recorded transactions
Zoning & alternative use
07 - MIXED · Gansevoort, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$135k
Value range
$122k – $149k
±10% around blend
Estimated value / SF
$49 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
80
$122k
blend $135k
$149k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,730 SF
Lot area
0.43 ac
Year built
1960
Stories
1
APN
414600 103.8-1-46
Zoning
07 - MIXED
Assessed value
$189,700
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$234k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.7 mi away · 2,698 SF
5.7 mi away · 3,300 SF
5.8 mi away · 3,168 SF
5.8 mi away · 3,105 SF
7.6 mi away · 3,120 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$135k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 204 sales
$172
-71%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $49/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$122k
Move the market yield to see immediate price impact.
Value / SF
$45
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$154k
$110k
$86k
$9k
$172k
$122k
$95k
$9k
$189k
$135k
$105k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$475k
3.6 mi · Nov 2025 · $220/SF
Property tax & assessments
Property tax & assessments
Assessed value
$189,700
Assessed 2023
Previous assessed
$189,700
+0.0% YoY
Assessed land
$41,300
Assessed improvement
$148,400
Land market value
$65,556
Improvement market value
$235,555
Total market value
$301,111
Applied tax rate
414,401.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
2,730 SF
Lot
0.43 ac (18,731 SF)
Zoning code
07 - MIXED
APN
414600 103.8-1-46
UPID
US63-0228811
Jurisdiction
SARATOGA
Zoning & alternative use
07 - MIXED · Gansevoort, NYZoning 07 - MIXED · permitted uses
07 - MIXED · Gansevoort, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.43 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
07 - MIXED
Jurisdiction
Gansevoort, NY
Recorded code
07 - MIXED
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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