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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Investment properties
425 Rte 211th E Middletown, NY 10940-2119
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3522483
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1998
Total area
4,800 SF
Lot
0.51 ac (22,050 SF)
Zoning code
HC
APN
335200 53-4-9
UPID
US63-3522483
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.45M
Owner & transaction history
Jsnn Middletown LLC · 1 yrs held
Jsnn Middletown LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
HC · Middletown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$990,000
+34.5%
Office building
$915,000
+24.0%
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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$1,450,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$990,000
Change: +34% · Conversion: Easy
OFFICE BUILDING
$915,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.45M (Sep 12 2024)
Last sale anchor
$1.45M
Sep 12 2024
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
$302 / 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 2021Property tax & assessments
Tax year 2021
Assessed value
$197,000
Assessed 2023
Previous assessed
$197,000
+0.0% YoY
Assessed land
$100,000
Assessed improvement
$97,000
Land market value
$689,645
Improvement market value
$668,955
Total market value
$1,358,600
Applied tax rate
330,900.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,800 SF
Lot
0.51 ac (22,050 SF)
Zoning code
HC
APN
335200 53-4-9
UPID
US63-3522483
Jurisdiction
ORANGE
Zoning & alternative use
HC · Middletown, NY
Zoning HC · permitted uses
HC · Middletown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$990,000
OFFICE BUILDING
Est. value
$915,000
RETAIL STORES
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Jsnn Middletown LLC
Entity
Mailing address
214 REYNOLDS RD, JOHNSON CITY, NY 13790-1387
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
$1,450,000
Jsnn Middletown LLC
Sb Cml Rlty LLC
Deed
$945,000 · Cml Rlty
Mar 17, 2022
—
Sb Cml Realty LLC
—
Deed
related
$414,928 · Bank Rhode Island
Apr 28, 2017
$2,100,000
Sb Cml Realty LLC
Berlin LLC
Grant Deed
$1,020,000 · Bank Rhode Island
Sep 1, 2016
—
Berlin LLC
—
Deed
related
$614,588 · Orange Cnty Tr
—
—
Berlin LLC
—
Deed Of Trust
related
$529,000 · Orange County Trust Co
—
—
Berlin LLC
—
Deed Of Trust
related
$614,588 · Orange Cnty Tr
—
—
Berlin LLC
—
Loan Modification, Consolidation And Extension
related
$3,300,000 · Orange Cnty Tr
—
—
Berlin LLC
—
Deed Of Trust
related
$1,200,000 · Questech Financial LLC
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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