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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Turn key restaurants
3250 Rte 9d Cold Spring, NY 10516-2620
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-1713569
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Total area
9,271 SF
Lot
2.04 ac (88,862 SF)
Zoning code
R80
APN
372689 37.-2-14
UPID
US63-1713569
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
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
People Of The State Of New York · 4 yrs held
People Of The State Of New York
since 2022
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
R80 · 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
$1,995,000
ML approach
$2,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $1.71M (Jun 22 2021)
Last sale anchor
$1.71M
Jun 22 2021
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
$204 / 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
$481,580
Assessed 2023
Previous assessed
$481,580
+0.0% YoY
Assessed land
$291,700
Assessed improvement
$189,880
Land market value
$828,223
Improvement market value
$539,125
Total market value
$1,367,348
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Heating
NONE
Buildings
1
Stories
2
Total area
9,271 SF
Lot
2.04 ac (88,862 SF)
Zoning code
R80
APN
372689 37.-2-14
UPID
US63-1713569
Jurisdiction
PUTNAM
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R80 · Cold Spring, NYZoning R80 · permitted uses
R80 · 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
1956
Heating
NONE
Stories
2
Buildings
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
People Of The State Of New York
Individual
Free & Clear · 4 yrs held
Mailing address
40 GLENEIDA AVE, CARMEL, NY 10512-1705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
$1,710,000
People Of The State Of New York
Open Space Institute Land Trust INC
Correction Deed
related
—
Jun 22, 2021
$1,710,000
People Of The State Of New York
Open Space Institute Land Trust INC
Deed
—
Mar 20, 2020
$1,875,000
Open Space Inst Land Trust INC
Inncredible Caterers X LLC
Grant Deed
—
—
—
Inn Credible Caterers Vi LLC
—
Deed Of Trust
related
$400,000 · Hudson United Bank
—
—
Inn Credible Caterers Vi LLC
—
Loan Modification
related
$107,428 · Td Bk NA
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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