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Property profile & analytics
OFF-MARKET
Office buildings
2296 Saranac Ave Lake Placid, NY 12946-3375
Individually Owned
Free & Clear
Property ID
US63-3676030
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1988
Total area
4,012 SF
Lot
0.48 ac (20,909 SF)
Zoning code
05 - COMMERCIAL
APN
154001 42.142-4-3.105
UPID
US63-3676030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Briggs Law Firm LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kiya Schaffer
Kiya Schaffer
since 2026
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Lake Placid, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$10,354
Tax year 2020
Assessed value
$639,900
Assessed 2023
Previous assessed
$603,683
+6.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$222,300
Assessed improvement
$417,600
Land market value
$222,300
Improvement market value
$417,600
Total market value
$639,900
Applied tax rate
154,002.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Buildings
1
Stories
2
Total area
4,012 SF
Lot
0.48 ac (20,909 SF)
Zoning code
05 - COMMERCIAL
APN
154001 42.142-4-3.105
UPID
US63-3676030
Jurisdiction
ESSEX
Zoning & alternative use
05 - COMMERCIAL · Lake Placid, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Lake Placid, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Placid. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
2
Buildings
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Kiya Schaffer
Individual
Free & Clear · 0 yrs held
Mailing address
2296 SARANAC AVE, LAKE PLACID, NY 12946-3375
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$190,000
Kiya Schaffer
Sasha Schaffer
Warranty Deed
related
—
Aug 11, 2023
—
Martha H Bournique
Martha H Bournique
Deed
related
—
Aug 7, 2019
—
Ronald J Briggs
Ronald J Briggs
Deed
related
—
Jul 5, 2019
$25,000
Jo Ann Husslein Ret
Manuel E Norat
Deed
—
Feb 22, 2018
$190,000
Jennifer L Gilbert
Mapes Joan R Est
Executors Deed
—
Feb 22, 2018
$2,100,000
Ryan P Kelly
Adam J Abodeely
Warranty Deed
—
Oct 3, 2017
—
Ronald Briggs
Timothy Smith
Deed
—
Apr 20, 2011
—
Timothy Smith
Ronald Briggs
Intrafamily Transfer
related
—
May 14, 2009
—
Ronald Briggs
Ronald Briggs
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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