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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Hotels
25 Partition St, Saugerties, NY 12477-1826
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-4229719
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2012
Total area
41,213 SF
Lot
7.9 ac (344,124 SF)
Zoning code
2
APN
514801 18.279-3-10.111
UPID
US63-4229719
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
-
Diamond Mills Hotel Hotel & Motel
-
The Tavern at Diamond Mills is now BLACKBARN Hudson Valley Restaurant
-
Hudson Valley Detours Resort
-
BLACKBARN Hudson Valley Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.39M
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$3.14M
Owner & transaction history
Partition St Project LLC
Partition St Project LLC
since 2025
3 recorded transactions
Zoning & alternative use
2 · Saugerties, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.2M
+134.6%
Commercial (general)
$4.9M
+118.8%
Restaurant
$4.5M
+102.2%
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 Saugerties submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugerties 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%
$3,670,000
6.5%
$3,390,000
7%
$3,145,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,220,000
Current use
AUTO REPAIR, GARAGE
$5,205,000
Change: +135% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,855,000
Change: +119% · Conversion: Difficult
RESTAURANT
$4,485,000
Change: +102% · Conversion: Difficult
OFFICE BUILDING
$4,115,000
Change: +86% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,640,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$2,750,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$2,615,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±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
$76 / 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
Property tax & assessments
Assessed value
$4,794,500
Assessed 2023
Previous assessed
$4,280,500
+12.0% YoY
Assessed land
$541,000
Assessed improvement
$4,253,500
Land market value
$541,000
Improvement market value
$4,253,500
Total market value
$4,794,500
Applied tax rate
514,801.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2012
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
41,213 SF
Lot
7.9 ac (344,124 SF)
Zoning code
2
APN
514801 18.279-3-10.111
UPID
US63-4229719
Jurisdiction
ULSTER
Zoning & alternative use
2 · Saugerties, NY
Zoning 2 · permitted uses
2 · Saugerties, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugerties. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
2012
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
7.9 ac
Current owner
From public records · entity-resolved
Partition St Project LLC
Entity
Free & Clear · 0 yrs held
Mailing address
319 MAIN ST, SAUGERTIES, NY 12477-1330
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Partition St Project LLC
Leading Edge Dev LLC
Deed
—
Apr 18, 2006
$175,000
Partition Street Project LLC
Leading Edge Developers LLC
Grant Deed
$350,000 · Struzzieri Properties INC
Jun 17, 2004
$162,000
Leading Edge Developers LLC
Grossman,albert B
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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