Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Office buildings
401 Main St Montour Falls, NY 14865-9624
Entity Owned
17-yr Hold
Free & Clear
Property ID
US63-1597264
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1860
Total area
21,330 SF
Lot
0.55 ac (23,958 SF)
Zoning code
NA
APN
442801 86.07-9-51
UPID
US63-1597264
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
-
Dr. Theresa A. Spaulding, MD Pediatrician Physician
-
North New York Cafe & Coffee Shop Bar & Pub
-
STATEMENTS Accounting & Consulting Services Consultant
-
Montour House Apartment Building
-
Infinity Hair Salon Hair 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
$1.11M
Owner & transaction history
Montour Falls House, LLC · 17 yrs held
Montour Falls House, LLC
since 2008
3 recorded transactions
Zoning & alternative use
NA · Montour Falls, 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 Montour Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montour Falls 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
$52 / 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
$874,000
Assessed 2023
Previous assessed
$874,000
+0.0% YoY
Assessed land
$21,000
Assessed improvement
$853,000
Land market value
$28,767
Improvement market value
$1,168,493
Total market value
$1,197,260
Applied tax rate
442,001.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1860
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
21,330 SF
Lot
0.55 ac (23,958 SF)
Zoning code
NA
APN
442801 86.07-9-51
UPID
US63-1597264
Jurisdiction
SCHUYLER
Zoning & alternative use
NA · Montour Falls, NY
Zoning NA · permitted uses
NA · Montour Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montour Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1860
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.55 ac
Current owner
From public records · entity-resolved
Montour Falls House, LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1803 CASTLE GDNS RD, VESTAL, NY 13850-1136
Ownership since
2008
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
Oct 17, 2008
$7,225
Montour Falls House, LLC
Village Of Montour Falls
Deed
—
Oct 4, 2007
$6,528
Vill. Of Montour Falls
Edward Solomon
Deed
—
Aug 30, 2007
$5,949
County Of Schuyler
Edward Solomon
Foreclosure
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
