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    Property profile & analytics

    2038 State Rte 32 Modena, NY 12548-5013

    • Investment properties
    • 11,375 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Jan 28, 2021
    $100,000
    Location Intelligence
    Property ID
    US63-3435196
    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

    • Investment properties

    Property Details for 2038 State Rte 32

    Year built
    1940
    Lot size
    0.67 lot acres
    Property size
    11,375 SF
    Zone code
    BD40
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    514200 101.1-2-14.2
    APU
    51420010112142

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $135,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $180,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $140,000
      Retail
      $160,000
      Mixed-Use
      $130,000
      Hospitality
      $145,000
      Educational
      $130,000
      Residential Income
      $130,000
      Energy
      $145,000
      Income-Based Land
      $160,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Modena
    County
    Ulster
    State
    New York
    Longitude
    -74.1078
    Latitude
    41.6634
    CBSA code
    28740
    CBSA name
    KINGSTON, 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
    $65,100
    $404,900
    $470,000
    -
    $106,721
    $663,771
    $770,492

    Comparable in this City

    • Value Estimation
      $475,000
      1,920 SF

      2107-2109 Rt 32

      OFFICE/RESIDENTIAL (MIXED USE) • 1,920 SF
      2107-2109 Rt 32, Modena, NY 12548
      View Details
    • Value Estimation
      $290,000
      2,400 SF

      2019 State Rte 32

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      2019 State Rte 32, Modena, NY 12548-5017
      View Details
    • Value Estimation
      $450,000
      4,480 SF

      1741-1743 Rt 44

      OFFICE/RESIDENTIAL (MIXED USE) • 4,480 SF
      1741-1743 Rt 44, Modena, NY 12548
      View Details
    • Value Estimation
      $455,000
      6,103 SF

      1914-1918 Rt 44

      OFFICE/RESIDENTIAL (MIXED USE) • 6,103 SF
      1914-1918 Rt 44, Modena, NY 12548
      View Details
    • Value Estimation
      $305,000
      4,392 SF

      1979-1981 Rt 44

      OFFICE/RESIDENTIAL (MIXED USE) • 4,392 SF
      1979-1981 Rt 44, Modena, NY 12548
      View Details
    • Value Estimation by Request
      4,800 SF

      2105 State Rte 32

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      2105 State Rte 32, Modena, NY 12548-5213
      View Details

    Similar Nearby for Sale

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      19.30 Acres Commercial Land Available

      Commercial land with mixed-use steel building and junkyard license.
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    • $1,100,000
      9,900 SF

      Established Modena Office Building For Sale

      9,900 SF office building with long-term leasing history.
      2044 Ny-32, Modena, NY 12548
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    • $250,000
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      High-Visibility Modena Commercial Land

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      2022 State Route 32, Modena, NY 12548
      View Details
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    Modena, NY 12548-5013
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    Realmo Value Estimation

    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.

    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.

    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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