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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Investment properties
3555 Main St Stone Ridge, NY 12484-5612
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2234701
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1940
Total area
7,794 SF
Lot
5.24 ac (228,254 SF)
Zoning code
B1
APN
513400 61.20-5-5
UPID
US63-2234701
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
-
RidgeWell Fitness Gym & Fitness Center
-
Tesla Destination Charger Electric Vehicle Charging Station
-
AQUA Check LLC General Contractor
-
Stone Ridge Physical Therapy Physician
-
Robert Klein Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$995k
Owner & transaction history
Main Street Ridge LLC · 7 yrs held
Main Street Ridge LLC
since 2018
3 recorded transactions
Zoning & alternative use
B1 · Stone Ridge, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+15.4%
Auto repair, garage
$1.5M
+11.1%
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 Stone Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stone Ridge 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,375,000
6.5%
$1,270,000
7%
$1,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,320,000
Current use
RESTAURANT
$1,520,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,465,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$1,060,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$128 / 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
$565,000
Assessed 2023
Previous assessed
$565,000
+0.0% YoY
Assessed land
$70,000
Assessed improvement
$495,000
Land market value
$114,754
Improvement market value
$811,476
Total market value
$926,230
Applied tax rate
513,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1940
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
7,794 SF
Lot
5.24 ac (228,254 SF)
Zoning code
B1
APN
513400 61.20-5-5
UPID
US63-2234701
Jurisdiction
ULSTER
Zoning & alternative use
B1 · Stone Ridge, NY
Zoning B1 · permitted uses
B1 · Stone Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stone Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.1M
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
1940
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
5.24 ac
Current owner
From public records · entity-resolved
Main Street Ridge LLC
Entity
Mailing address
100 CROSBY ST RM #303, NEW YORK, NY 10012-4716
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2023
—
Main Street Ridge LLC
—
Deed
related
$150,000 · Ulster Savings Bank
Aug 29, 2018
$558,000
Main Street Ridge LLC
North Stone Ridge Prop
Deed
$496,000 · Ulster Savings Bank
Jun 5, 2018
—
North Stone Ridge Property INC
Ny Gen-test INC
Grant 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.
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