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Property profile & analytics
FOR SALE
Turn key restaurants
401 E 4Th St Watkins Glen, NY 14891
Individually Owned
1-yr Hold
Free & Clear
Property ID
US63-0204285
For Sale
1 / 31
$259,900
401 E 4Th St, Watkins Glen, NY 14891
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Total area
3,230 SF
Lot
0.17 ac (7,405 SF)
Zoning code
NA
APN
442401 65.14-1-3
UPID
US63-0204285
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
-
Skal tasting room & Kitchen 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
William Hill · 1 yrs held
William Hill
since 2024
Last sale
$300,000
5 recorded transactions
Zoning & alternative use
NA · Watkins Glen, 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 Watkins Glen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watkins Glen 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
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$1,703
Tax year 2020
Assessed value
$196,000
Assessed 2023
Previous assessed
$196,000
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$34,000
Assessed improvement
$162,000
Land market value
$44,156
Improvement market value
$210,389
Total market value
$254,545
Applied tax rate
442,401.0000
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
For Sale
Year built
1963
Heating
NONE
Buildings
1
Stories
2
Total area
3,230 SF
Lot
0.17 ac (7,405 SF)
Zoning code
NA
APN
442401 65.14-1-3
UPID
US63-0204285
Jurisdiction
SCHUYLER
Zoning & alternative use
NA · Watkins Glen, NY
Zoning NA · permitted uses
NA · Watkins Glen, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watkins Glen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
2
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
William Hill
Individual
Free & Clear · 1 yrs held
Mailing address
215 S GLN AVE, WATKINS GLEN, NY 14891-1105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 22, 2024
$137,868
William Hill
Skol Proeprty Flx LLC
Deed
—
Jul 21, 2023
$300,000
Skol Property Flx & LLC
Throwing Shaka & LLC
Warranty Deed
—
Jul 19, 2019
$175,000
Shaka LLC
Vdb Properties LLC
Warranty Deed
—
Jun 12, 2009
$137,000
Vdb Properties, LLC
Duane Hills
Deed
—
Jun 8, 2005
$100,000
Duane Hills
Mary Wasson
Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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