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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Automotive properties
28 Old Postal Rd Cold Spring, NY 10516
Individually Owned
2-yr Hold
Free & Clear
Property ID
US63-2382226
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1950
Total area
900 SF
Lot
0.78 ac (33,977 SF)
Zoning code
R4022
APN
372689 27.11-1-17
UPID
US63-2382226
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
Nathan H Lyons · 2 yrs held
Nathan H Lyons
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
R4022 · Cold Spring, NY
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 Cold Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cold Spring 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
$1,255,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.76M (Oct 24 2023)
Last sale anchor
$1.76M
Oct 24 2023
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
$1,906 / 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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$85,750
Assessed 2023
Previous assessed
$85,750
+0.0% YoY
Assessed land
$80,100
Assessed improvement
$5,650
Land market value
$227,428
Improvement market value
$16,042
Total market value
$243,470
Applied tax rate
372,601.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1950
Heating
STEAM
Buildings
1
Stories
1
Bathrooms
1
Total area
900 SF
Lot
0.78 ac (33,977 SF)
Zoning code
R4022
APN
372689 27.11-1-17
UPID
US63-2382226
Jurisdiction
PUTNAM
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4022 · Cold Spring, NYZoning R4022 · permitted uses
R4022 · Cold Spring, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Current Chapter PDF
Building & site characteristics
From public records
Year built
1950
Heating
STEAM
Stories
1
Buildings
1
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Nathan H Lyons
Individual
Free & Clear · 2 yrs held
Mailing address
3175 RTE 9TH 9, COLD SPRING, NY 10516-3914
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
—
Nathan H Lyons
Nathan H Lyons
Intrafamily Transfer
related
—
Jul 21, 2022
$1,760,000
Pascale Hutz
David Farhadi
Bargain And Sale Deed
—
May 28, 2015
$240,000
Lyons Realty Co
Garewal Karan
Grant Deed
—
May 28, 2015
—
Karan Garewal
County Of Putnam
Quit Claim Deed
—
Sep 27, 2012
$101,000
Karen Garewal
Route 9 Associates LLC
Trustees Deed
—
May 8, 2009
—
Route 9 Associates LLC
Town Of Philipstown
Quit Claim Deed
related
—
Jul 11, 2006
$24,721
County Of Putnam
Garewal,karan
Warranty Deed
—
Jul 11, 2006
$345,000
Route 9 Associates LLC
Garewal,karan
Warranty Deed
$300,000 · Karan Garewal
Jun 15, 2005
$24,721
County Of Putnam
Garewal,karan
Grant Deed
—
Jul 9, 2004
$200,001
Karan Garewal
Referee Of Putnam County
Trustees Deed
—
—
—
Frederic Underhill
—
Deed Of Trust
related
$270,750 · Option One Mortgage Corp
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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