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Property profile & analytics
OFF-MARKET
Warehouses
406 9th Ave, Watervliet, NY 12189-3524
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-3478866
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Total area
3,120 SF
Lot
0.45 ac (19,602 SF)
Zoning code
04 - FARM
APN
012689 44.11-1-26
UPID
US63-3478866
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
-
Diamond Facility Services General Contractor
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
Diamond Facility Ents LLC · 8 yrs held
Diamond Facility Ents LLC
since 2018
5 recorded transactions
Zoning & alternative use
04 - FARM · Watervliet, 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 Watervliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watervliet 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
$240,000
Assessed 2023
Previous assessed
$240,000
+0.0% YoY
Assessed land
$19,200
Assessed improvement
$220,800
Land market value
$37,648
Improvement market value
$432,952
Total market value
$470,600
Applied tax rate
11,800.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
2
Stories
1
Total area
3,120 SF
Lot
0.45 ac (19,602 SF)
Zoning code
04 - FARM
APN
012689 44.11-1-26
UPID
US63-3478866
Jurisdiction
ALBANY
Zoning & alternative use
04 - FARM · Watervliet, NY
Zoning 04 - FARM · permitted uses
04 - FARM · Watervliet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watervliet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Buildings
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Diamond Facility Ents LLC
Entity
Mailing address
406 9TH AVE, WATERVLIET, NY 12189-3524
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2018
$328,000
Diamond Facility Ents LLC
Thomas Realty Ents LLC
Warranty Deed
$136,000 · Al Tech Trust Fund
Oct 17, 2008
$315,000
Thomas Realty Enterprises LLC
Dpg Properties LLC
Trustees Deed
—
Aug 10, 2006
—
Augstell Studio LLC
Augstell,robert
Quit Claim Deed
related
—
Aug 10, 2006
$275,000
Dpg Properties LLC
Augstell Studio LLC
Warranty Deed
—
—
—
Thomas Realty Ents LLC
—
Deed Of Trust
related
$220,000 · Manufacturers Traders & Trust
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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