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Property profile & analytics
OFF-MARKET
Turn key restaurants
3928 Main St Stone Ridge, NY 12484-5603
Individually Owned
24-yr Hold
Free & Clear
Property ID
US63-3259610
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Total area
1,442 SF
Lot
1.8 ac (78,408 SF)
Zoning code
R3
APN
513400 69.2-4-28
UPID
US63-3259610
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
-
Hash Restaurant
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
Christopher Bowman · 24 yrs held
Christopher Bowman
since 2002
3 recorded transactions
Zoning & alternative use
R3 · Stone Ridge, 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 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
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
$197,000
Assessed 2023
Previous assessed
$197,000
+0.0% YoY
Assessed land
$49,000
Assessed improvement
$148,000
Land market value
$80,328
Improvement market value
$242,623
Total market value
$322,951
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
1
Total area
1,442 SF
Lot
1.8 ac (78,408 SF)
Zoning code
R3
APN
513400 69.2-4-28
UPID
US63-3259610
Jurisdiction
ULSTER
Zoning & alternative use
R3 · Stone Ridge, NYZoning R3 · permitted uses
R3 · Stone Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
1
Buildings
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Christopher Bowman
Individual
Free & Clear · 24 yrs held
Mailing address
DRAPENIERSTRAAT 9TH RD WZ HAARLAM 2011TH XX
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
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
Mar 17, 2017
—
Stoneridge Cafe LLC
—
Deed
related
$262,500 · Bank Of Greene Cnty
Jun 18, 2002
$145,000
Christopher Bowman
Scheringer,john
Grant Deed
—
—
—
Stoneridge Cafe LLC
—
Deed Of Trust
related
$262,500 · Bank Of Greene Cnty
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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