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Financial
Distress signals
Property profile

24 Water St Hammondsport, NY 14840

FOR SALE
Motels
Property ID
US63-4315268
5,080 SF 0.74 ac lot Built 1970
Last sale Apr 1996 · $415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
24 Water St, Hammondsport, NY 14840 For Sale
$2,700,000 5,080 SF
24 Water St, Hammondsport, NY 14840
View Listing

Property summary

AI-generated overview

The Keuka Lakeside Inn is a waterfront hospitality property on the shores of Keuka Lake with over 230 feet of lake frontage. The property includes a renovated 17-room inn, a 20-slip marina, and a private boat launch, along with an additional lake-view residence on the site. The inn’s guest accommodations and the surrounding grounds have been subject to recent improvements, supporting day-to-day operation of both lodging and marina-related uses together with the residential component. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$863k
Assessed land$595k
Assessed improvement$268k

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$56k
Operating expenses−$24k
NOI · 0.80% cap applied$22k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
0.80%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionSTEUBEN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop9.0
Electrical Service8.9
Auto Parts Store8.7

Location

24 Water St Hammondsport, NY 14840
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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Saved
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