Entity Owned 
For Lease
1 / 37
$16 SF/Yr
187 Kingston Ave, Wurtsboro, NY 12790
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Property summary
AI-generated overview
This exceptional 1.23-acre lot presents a unique opportunity for development in the desirable Wurtsboro, NY area. Located at 187 Kingston Avenue, this expansive parcel offers significant potential for a variety of projects. The property's size provides ample space for custom home construction, a small-scale commercial venture, or even a multi-family development, subject to local zoning regulations and approvals. The absence of existing structures allows for complete design flexibility, enabling the creation of a property tailored to specific needs and vision. Wurtsboro offers a blend of rural tranquility and convenient access to nearby amenities and transportation routes. This property is ideal for those seeking a blank canvas to build their dream project or capitalize on the growing demand for land in this attractive location. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, building codes, and potential development costs. The property is being offered as-is, where-is. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after area. Serious inquiries only.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1994
Total area
7,200 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C1
APN
484003 105.-2-7.2
UPID
US63-2549991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Restaurant
-
Training Center Sports School
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
since 2021
Last sale
$1.1M
2 recorded transactions
Zoning & alternative use
C1 · Wurtsboro, NY
Top alternative use upside
Restaurant
$725,000
+27.4%
Auto repair, garage
$640,000
+12.6%
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 9 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$985k
Value range
$887k – $1.08M
±10% around blend
Estimated value / SF
$137 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
90
Income certainty
100
$887k
blend $985k
$1.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,200 SF
Lot area
1.23 ac
Year built
1994
Stories
1
APN
484003 105.-2-7.2
Zoning
C1
Assessed value
$226,700
3
Income approach: direct capitalization
Partial preview
Income approach indication
$950k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.03M
@ 6.5% CAP return
$950k
@ 7% CAP return
$885k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$771k
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 7,450 SF
10.7 mi away · 9,340 SF
10.8 mi away · 6,654 SF
10.8 mi away · 6,732 SF
12.3 mi away · 5,238 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$985k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 165 sales
$79
+73%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $137/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+27%
vs current-use indication
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.30%
Selected cap rate for this investment properties
Derived from the Wurtsboro market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.30%
9.0%
NOI (est.)
$22k *
Last sale · Oct 2021
$1.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$345k
Move the market yield to see immediate price impact.
Value / SF
$48
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
5.80%6.30%6.80%
$20k
$337k
$310k
$288k
$22k
$375k
$345k
$320k
$24k
$412k
$379k
$351k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$725k
0.6 mi · Feb 2026 · $108/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$226,700
Assessed 2023
Previous assessed
$226,700
+0.0% YoY
Assessed land
$86,100
Assessed improvement
$140,600
Land market value
$229,600
Improvement market value
$374,933
Total market value
$604,533
Applied tax rate
484,601.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1994
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,200 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C1
APN
484003 105.-2-7.2
UPID
US63-2549991
Jurisdiction
SULLIVAN
Zoning & alternative use
C1 · Wurtsboro, NYZoning C1 · permitted uses
C1 · Wurtsboro, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Wurtsboro, NY
Recorded code
C1
Ownership Intelligence
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Ownership report
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.
They do not confirm beneficial ownership or intent to transact.
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