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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Gas stations
409 Main St, New Paltz, NY 12561-1606
Entity Owned
15-yr Hold
Free & Clear
Property ID
US63-2872660
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2003
Total area
3,518 SF
Lot
0.77 ac (33,541 SF)
Zoning code
B2
APN
513889 86.12-5-5
UPID
US63-2872660
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
-
Mobil Gas Station
-
Chestnut Mart Grocery & Convenience Store
-
Money Access ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Gty Ny Leasing INC · 15 yrs held
Gty Ny Leasing INC
since 2011
7 recorded transactions
Zoning & alternative use
B2 · New Paltz, 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 New Paltz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Paltz 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$545,000
Current use
COMMERCIAL (GENERAL)
$475,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$156 / 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
$1,712,200
Assessed 2023
Previous assessed
$1,712,200
+0.0% YoY
Assessed land
$133,900
Assessed improvement
$1,578,300
Land market value
$202,879
Improvement market value
$2,391,363
Total market value
$2,594,242
Applied tax rate
513,801.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
1
Stories
1
Total area
3,518 SF
Lot
0.77 ac (33,541 SF)
Zoning code
B2
APN
513889 86.12-5-5
UPID
US63-2872660
Jurisdiction
ULSTER
Zoning & alternative use
B2 · New Paltz, NY
Zoning B2 · permitted uses
B2 · New Paltz, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Paltz. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$475,000
OFFICE BUILDING
Est. value
$445,000
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
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
2003
Heating
NONE
Stories
1
Buildings
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Gty Ny Leasing INC
Entity
Free & Clear · 15 yrs held
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
—
Cpd Ny Energy Corp
—
Grant Deed
related
$74,628,036 · Manufacturers & Traders Tr
Mar 13, 2013
—
Gty Ny Leasing INC
—
Deed Of Trust
related
$25,000,000 · J P Morgan Chase Bank
Feb 2, 2011
—
Gty Ny Leasing INC
Cpd Ny Energy Corp
Grant Deed
—
Feb 2, 2011
$2,305,000
Cpd Ny Energy Corp
Exxonmobil Oil Corp
Grant Deed
—
Jun 10, 2003
$113,500
Bruce Littlefield
Hutcherson,diane
Grant Deed
$90,800 · Wells Fargo Home Mortgage INC
—
—
Cpd Ny Energy Corp
—
Deed Of Trust
related
$11,870,215 · Manufacturers & Traders Tr
—
—
Cpd Ny Energy Corp
—
Deed Of Trust
related
$6,000,000 · Manufacturers & Traders Tr
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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