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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Investment properties
237 Hudson St, Cornwall On Hudson, NY 12520-1529
Entity Owned
12-yr Hold
Free & Clear
Property ID
US63-4762472
Property summary
AI-generated overview
This exceptional 6,800 square foot retail storefront at 237 Hudson Street in Cornwall-on-Hudson, New York, presents a compelling investment opportunity. Located in the heart of downtown, this property boasts excellent visibility and exposure, ensuring high foot traffic. Currently fully leased and anchored by the United States Postal Service (USPS), this building offers a strong net operating income (NOI). The USPS lease includes off-street parking, providing convenient access for both tenants and customers. The property's prime location offers easy access to Route 9W and the United States Military Academy at West Point, further enhancing its appeal and potential for future growth. This is a rare chance to acquire a stable, income-producing retail property in a desirable location. The building is immediately available for sale, making it an attractive option for investors seeking a turnkey investment with a strong tenant and proven performance. Situated in Orange County, New York, with a zip code of 12520, this property is conveniently located at 41.4444397 latitude and -74.0151624 longitude. The building's size and location make it ideal for a variety of retail uses.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1950
Total area
8,216 SF
Lot
0.29 ac (12,632 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
332401 107-2-4
UPID
US63-4762472
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
-
Chez Ana Grocery & Convenience Store Specialty Food Shop
-
Drabic Steven P Land Surveyor
-
Step By Step Dance Studio Training Center
-
United States Postal Service Post Office Logistics Service
-
CK Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$730k
Owner & transaction history
Farella Family LLC · 12 yrs held
Farella Family LLC
since 2014
1 recorded transaction
Zoning & alternative use
02 - SINGLE RESIDENCE · Cornwall On Hudson, 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 Cornwall On Hudson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornwall On Hudson 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,165,000
Current use
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
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 2021Property tax & assessments
Tax year 2021
Assessed value
$633,800
Assessed 2023
Previous assessed
$633,800
+0.0% YoY
Assessed land
$104,000
Assessed improvement
$529,800
Land market value
$154,195
Improvement market value
$785,505
Total market value
$939,700
Applied tax rate
332,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
8,216 SF
Lot
0.29 ac (12,632 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
332401 107-2-4
UPID
US63-4762472
Jurisdiction
ORANGE
Zoning & alternative use
02 - SINGLE RESIDENCE · Cornwall On Hudson, NY
Zoning 02 - SINGLE RESIDENCE · permitted uses
02 - SINGLE RESIDENCE · Cornwall On Hudson, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cornwall On Hudson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Farella Family LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 96, MOUNTAINVILLE, NY 10953-0096
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2014
$675,000
Farella Family LLC
Abboud,tomi
Grant Deed
—
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.
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