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Property profile & analytics
OFF-MARKET
Office buildings
331 1st St Oswego, NY 13126-3621
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2890961
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1960
Total area
3,762 SF
Lot
0.12 ac (5,428 SF)
Zoning code
TB
APN
351200 128.71-04-17
UPID
US63-2890961
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
-
Glow Beauty Studio Hair Salon Nail Salon
-
Golden Soul CNY Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B R B Galloway Properties LLC · 9 yrs held
B R B Galloway Properties LLC
since 2016
1 recorded transaction
Zoning & alternative use
TB · Oswego, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ict. § 280-13 Traditional Neighborhood 2 (TN2) District. § 280-14 Suburban Residential (SR) District. § 280-15 Urban Residential (UR) District. § 280-16 Traditional Downtown (TD) District. § 280-17 Traditional Business (TB) District. § 280-18 Commercial Business (CB) District. § 280-19 Waterfront (WA) District. § 280-20 Maritime Heritage (MH) District. § 280…
Zone name
Traditional Business
General category
COMMERCIAL
Zone area
225.03 ac
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 Oswego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oswego 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$145,000
Assessed 2023
Previous assessed
$145,000
+0.0% YoY
Assessed land
$34,600
Assessed improvement
$110,400
Land market value
$41,687
Improvement market value
$133,012
Total market value
$174,699
Applied tax rate
351,200.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
1
Stories
1
Total area
3,762 SF
Lot
0.12 ac (5,428 SF)
Zoning code
TB
APN
351200 128.71-04-17
UPID
US63-2890961
Jurisdiction
OSWEGO
Zoning & alternative use
TB · Oswego, NYZoning TB · permitted uses
TB · Oswego, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ict. § 280-13 Traditional Neighborhood 2 (TN2) District. § 280-14 Suburban Residential (SR) District. § 280-15 Urban Residential (UR) District. § 280-16 Traditional Downtown (TD) District. § 280-17 Traditional Business (TB) District. § 280-18 Commercial Business (CB) District. § 280-19 Waterfront (WA) District. § 280-20 Maritime Heritage (MH) District. § 280-21 Industrial (IN) District. § 280-22 Planned Development (PD) District. Article
Zone name
Traditional Business
General category
COMMERCIAL
Zone area
225.03 ac
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
B R B Galloway Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2 FAIRVIEW TER, OSWEGO, NY 13126-4144
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2016
$720,000
B R B Galloway Properties LLC
D Thomas Properties LLC
Warranty Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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