Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    195 Broad St Johnson City, NY 13790-1448
    Property profile & analytics

    195 Broad St, Johnson City, NY 13790-1448

    View on Map
    • Investment properties
    • 1,998 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Mar 9, 2022
    $45,000
    Property ID
    US63-5876785
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 195 Broad St

    Year built
    1965
    Lot size
    0.08 lot acres
    Zone code
    USF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    034603 143.33-1-25
    APU
    3460314333125

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 9, 2022 $45,000 Jjo 921 LLC Karen L Okenica Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Broome
    State
    New York
    Longitude
    -75.957
    Latitude
    42.1228
    CBSA code
    13780
    CBSA name
    BINGHAMTON, 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
    0
    $0.00
    $450
    $2,900
    $3,350
    -
    $13,006
    $83,815
    $96,821

    Comparable in this City

    • Value Estimation by Request
      3,900 SF

      225 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      225 Grand Ave, Johnson City, NY 13790-2620
      View Details
    • Value Estimation by Request
      2,929 SF

      200 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      200 Grand Ave, Johnson City, NY 13790-2619
      View Details
    • Value Estimation by Request
      3,999 SF

      93-95 Harry L Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      93-95 Harry L Dr, Johnson City, NY 13790
      View Details
    • Value Estimation by Request
      2,522 SF

      121 Harry L Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      121 Harry L Dr, Johnson City, NY 13790-1561
      View Details
    • Value Estimation by Request
      4,200 SF

      237 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      237 Main St, Johnson City, NY 13790-2475
      View Details
    • Value Estimation by Request
      6,750 SF

      130 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      130 Main St, Johnson City, NY 13790-2426
      View Details

    Similar Nearby for Sale

    • $500,000

      Main Street Mixed-Use Opportunity

      Mixed-use property near UHS Wilson Medical Center.
      Johnson St, Johnson City, NY 13790
      View Details
    • $195,000

      Downtown Johnson City Commercial Opportunity

      Mixed-use building in downtown Johnson City with retail/office/residential potential.
      19 Arch St, Johnson City, NY 13790
      View Details
    • $1,225,000

      Mixed-Use Building Near University

      Mixed-use property with redevelopment potential near Binghamton University.
      257 Main St, Johnson City, NY 13790
      View Details
    • $199,900

      Johnson City Multifamily Investment Opportunity

      Four-unit property with value-add potential in Johnson City.
      Johnson St, Johnson City, NY 13790
      View Details
    • $249,900

      Multifamily Investment in Johnson City

      7,452 SF multifamily property with 13 units in Johnson City.
      Johnson St, Johnson City, NY 13790
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo

      Downtown Johnson City Retail Space

      Street-level commercial space in downtown Johnson City, ready for build-out.
      290 Main Street Ter, Johnson City, NY 13790
      View Details
    • $10 SF/Yr
      12,500 SF

      Johnson City Office Space Available

      12,500 SF office suite in a professional building.
      711 Innovation Way, Johnson City, NY 13790
      View Details
    • Contact for pricing
      12,500 SF

      Available Office Space in Johnson

      Divisible office space with building signage available along I-86.
      701 Innovation Way, Johnson City, NY 13790
      View Details
    • Contact for pricing

      New Development Office Space Available

      Finished ground floor office space in new multi-family development.
      333 Grand Ave, Johnson City, NY 13790
      View Details
    • $3 SF/Yr

      Versatile Office Space in Johnson City

      10,418 SF office space in Johnson City's redevelopment corridor.
      400 Riverside Dr, Johnson City, NY 13790
      View Details
    • $11 SF/Yr
      2,250 SF

      Move-In Ready Office/Flex Space

      2,250 SF office/flex space, renovated in 2024, easy access.
      117 Oakdale Rd, Johnson City, NY 13790
      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.
    195 Broad St
    Johnson City, NY 13790-1448
    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

    Thank You for Inquiry
    195 Broad St, Johnson City, NY, 13790
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!