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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    244 Main St Goshen, NY 10924-1998

    • Showrooms
    • 10,751 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0434482
    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

    • Gabbiano's Pizzeria & Restaurant / Restaurant
    • Harmony Hair Design / Hair Salon / Nail Salon
    • Brent Mentro - State Farm Insurance Agent / Insurance Agency
    • Goshen Pizza Tomato Pie / Restaurant
    • NAPA Auto Parts - Know How Auto Supply LLC / Auto Parts Store

    Property Details for 244 Main St

    Year built
    1940
    Lot size
    0.99 lot acres
    Property size
    10,751 SF
    Zone code
    4011
    Property type
    Showrooms
    APN
    333001 111-10-15
    APU
    3330011111015

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,560,000
      6.5%
      $1,440,000
      7%
      $1,335,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,141,000
      Market price range: $748k - $1.79M
      AI Estimate
      $963,000
      Market price range: $499k - $1.66M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,325,000
      Current use
      AUTO REPAIR, GARAGE
      $1,795,000
      Change: +36% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Orange
    State
    New York
    Longitude
    -74.33
    Latitude
    41.401
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, 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
    2021
    $0.00
    $92,900
    $447,500
    $540,400
    -
    $223,861
    $1,078,339
    $1,302,200

    Comparable in this City

    • Value Estimation
      $640,000
      7,852 SF

      36 St John St

      SHOW ROOM, WAREHOUSE • 7,852 SF
      36 St John St, Goshen, NY 10924-1541
      View Details
    • Value Estimation
      $635,000
      5,728 SF

      9 Quarry Rd

      SHOW ROOM, WAREHOUSE • 5,728 SF
      9 Quarry Rd, Goshen, NY 10924-6000
      View Details
    • Value Estimation by Request
      3,024 SF

      158 Greenwich Ave

      SHOW ROOM, WAREHOUSE • 3,024 SF
      158 Greenwich Ave, Goshen, NY 10924-2016
      View Details
    • Value Estimation by Request
      4,588 SF

      100 Canal St

      FINANCIAL BUILDING • 4,588 SF
      100 Canal St, Goshen, NY 10924-1850
      View Details
    • Value Estimation by Request
      672 SF

      50 Church St

      FINANCIAL BUILDING • 672 SF
      50 Church St, Goshen, NY 10924-2137
      View Details
    • Value Estimation by Request
      2,532 SF

      60 Matthews St

      FINANCIAL BUILDING • 2,532 SF
      60 Matthews St, Goshen, NY 10924-1961
      View Details

    Similar Nearby for Sale

    • $950,000

      Bank Building in Goshen For Sale

      Single-tenant bank building in Goshen, NY, leased until 2032.
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    • $2,700,000
      0.81 Acres

      Retail Complex in Goshen, NY

      High-visibility retail complex with income and value-add potential.
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      Goshen Retail Property - High Traffic

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      Goshen Commercial Land Package

      5.4 Acres, Highway Commercial Zoning
      2 Virginia Ln, Goshen, NY 10924
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    • Contact for pricing
      10.50 Acres

      Goshen Commercial Land - 10.5 Acres

      Prime Commercial Land: Lease/Sale. Ideal for Hotel, Bank, Fast Food.
      2531 Nys Rte 17m, Goshen, NY 10924
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    • $795,000
      4,725 SF

      Historic Goshen Building: Restaurant Ready

      Historic building in Goshen, NY, currently operating as a restaurant.
      62 W Main St, Goshen, NY 10924
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    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      New Retail Center Near Legoland

      New shopping center with retail and drive-thru opportunities.
      118 Clowes Ave, Goshen, NY 10924
      View Details
    • $1,700 /Mo

      Renovated Space in Goshen Village

      Newly renovated commercial space with high traffic exposure.
      12 N Church St, Goshen, NY 10924
      View Details
    • $2,500 /Mo

      Retail Space on Main Street

      Retail space for lease on Main Street.
      218 Main St, Goshen, NY 10924
      View Details
    • $12 SF/Yr

      Versatile Retail/Warehouse Space on 17M

      10,418 sqft retail/warehouse space with loading docks, prime location.
      2681 Route 17M, Goshen, NY 10924
      View Details
    • $17 SF/Yr

      Office and Retail Space Available

      Office and retail spaces for rent.
      10 Matthews St, Goshen, NY 10924
      View Details
    • $12 SF/Yr
      113,256 SF

      Versatile Flex Space in Goshen

      Adaptable 10,418 sqft space ideal for retail, warehouse, distribution.
      2681 Rte 17M -, Goshen, NY 10924
      View Details
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    244 Main St
    Goshen, NY 10924-1998
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    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
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