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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Investment properties
262 Main St Saugerties, NY 12477-1301
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-2732945
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
7,331 SF
Lot
0.13 ac (5,663 SF)
Zoning code
05 - COMMERCIAL
APN
514801 18.263-2-3
UPID
US63-2732945
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
-
Shale Hill Events Take-out & Catering Catering Service
-
Upstate Provisions Specialty Food Shop
-
Mariah G. Bishop, RN Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$938k
Blend (final)
Blend
$925k
Owner & transaction history
262 Village LLC · 2 yrs held
262 Village LLC
since 2024
Last sale
$925,000
6 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Saugerties, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+26.4%
Auto repair, garage
$1.4M
+21.8%
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
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,195,000
7%
$1,110,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,130,000
Current use
RESTAURANT
$1,430,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,380,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,000,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (Mar 4 2024)
Last sale anchor
$925k
Mar 4 2024
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
$126 / 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
$597,000
Assessed 2023
Previous assessed
$519,000
+15.0% YoY
Assessed land
$60,000
Assessed improvement
$537,000
Land market value
$60,000
Improvement market value
$537,000
Total market value
$597,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
3
Total area
7,331 SF
Lot
0.13 ac (5,663 SF)
Zoning code
05 - COMMERCIAL
APN
514801 18.263-2-3
UPID
US63-2732945
Jurisdiction
ULSTER
Zoning & alternative use
05 - COMMERCIAL · Saugerties, NYZoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Saugerties, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1900
Heating
NONE
Stories
3
Buildings
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
262 Village LLC
Entity
Mailing address
PO BOX 900, SAUGERTIES, NY 12477-0900
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2024
$925,000
262 Village LLC
262 Main St Saugerties Ll
Deed
$740,000 · Mid Hudson Valley FCU
Feb 18, 2020
$660,000
262 Main Street LLC
262 Main LLC
Deed
—
Feb 18, 2020
—
262 Main Street Saugerties LLC
—
Deed
related
$528,000 · Bank Of Greene Cnty
Jun 30, 2017
—
262 Main LLC
—
Deed
related
$337,500 · Ulster Svgs Bk
—
—
262 Main Street Saugerties LLC
—
Deed Of Trust
related
$528,000 · Bank Of Greene Cnty
—
—
262 Main LLC
—
Deed Of Trust
related
$337,500 · Ulster Svgs Bk
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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