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Property profile & analytics
FOR LEASE
Banks
273 Wall St 2m Kingston, NY 12401
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-5871880
For Lease
1 / 9
$550,000
273 Wall St,Unit 2m, Kingston, NY 12401
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1972
Total area
12,072 SF
Lot
0.25 ac (11,060 SF)
Zoning code
C-2
APN
510800 48.331-7-6
UPID
US63-5871880
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
-
Melanson Law Office P.C. Law Firm
-
Diane Wald, LCAT Crisis Center Medical Clinic
-
Citizens ATM Atm
-
Citizens Bank Loan Service
-
Alex Kampf Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$550k
Owner & transaction history
Tappen House Dev LLC · 9 yrs held
Tappen House Dev LLC
since 2017
4 recorded transactions
Zoning & alternative use
C-2 · Kingston, 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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$46 / 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
$592,000
Assessed 2023
Previous assessed
$592,000
+0.0% YoY
Assessed land
$123,000
Assessed improvement
$469,000
Land market value
$201,639
Improvement market value
$768,853
Total market value
$970,492
Applied tax rate
510,800.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1972
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
12,072 SF
Lot
0.25 ac (11,060 SF)
Zoning code
C-2
APN
510800 48.331-7-6
UPID
US63-5871880
Jurisdiction
ULSTER
Zoning & alternative use
C-2 · Kingston, NY
Zoning C-2 · permitted uses
C-2 · Kingston, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Tappen House Dev LLC
Entity
Free & Clear · 9 yrs held
Mailing address
161 CHRYSTIE ST, NEW YORK, NY 10002-2885
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2017
$1,400,000
Tappen House Dev LLC
Mccarthy William M
Trustees Deed
—
Jun 25, 2008
$6,500
273 Kingston Realty Corp
American Financial Trs INC
Grant Deed
—
Dec 19, 2005
$930,581
American Financial Trs INC
Citizens Bank NA
Grant Deed
—
Dec 19, 2005
—
Citizens Bank NA
Charter One Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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