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    437 Rte 209 Huguenot, NY 12746-5128
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    Property profile & analytics

    437 Rte 209, Huguenot, NY 12746-5128

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    • Investment properties
    • 1,344 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US63-3759542
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 437 Rte 209

    Year built
    1967
    Lot size
    1.00 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    332800 38-2-2.12
    APU
    332800382212

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 9, 2016 $395,000 Mgondal Holdings LLC Riordan,joseph K & Rosemary Grant Deed · related $342k · Joseph K & Rosemary Riordan
    Jan 15, 2009 — Joseph Riordan Riordan,joseph Quit Claim Deed · related —
    Sep 28, 2007 — Joseph K Riordan Riordan,joseph Quit Claim Deed · related —

    Description

    This exceptional commercial property at 437 Route 209, Huguenot, NY, presents a unique investment opportunity. The 1,344 square foot building sits on a one-acre lot and is being sold as a package deal with the adjacent property at 435 Route 209. This combined offering provides over 380 feet of road frontage on a high-traffic road, maximizing visibility and accessibility. The building, formerly a deli, is adaptable to a variety of service-related businesses, thanks to its current zoning. The sale includes most fixtures and equipment, significantly reducing start-up costs and providing a turnkey operation. The adjacent property, a functioning Post Office, is under a secure 10-year triple net lease, guaranteeing a consistent income stream. This package deal offers a rare combination of immediate income generation and significant potential for future growth. The property's location and versatile nature make it an ideal investment for entrepreneurs seeking a profitable venture with minimal initial investment. The substantial road frontage ensures high visibility, attracting a large customer base. This is a truly exceptional opportunity to acquire a well-positioned commercial property with a proven track record and significant income potential. Don't miss this chance to own a piece of Huguenot's thriving commercial landscape. The asking price for this combined property is $599,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huguenot
    County
    Orange
    State
    New York
    Longitude
    -74.6307
    Latitude
    41.4208
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $20,000
    $61,800
    $81,800
    -
    $53,301
    $164,699
    $218,000

    Comparable in this City

    • Value Estimation by Request
      8,844 SF

      343 Rte 209

      WAREHOUSE, STORAGE
      343 Rte 209, Huguenot, NY 12746-5306
      View Details
    • Value Estimation
      $2,625,000
      30,484 SF

      15 Big Pond Rd

      MANUFACTURING (LIGHT)
      15 Big Pond Rd, Huguenot, NY 12746-5003
      View Details
    • Value Estimation by Request
      1.20 Acres

      616 Rte 209

      STORAGE YARD (JUNK, SALVAGE)
      616 Rte 209, Huguenot, NY 12746
      View Details
    • Value Estimation by Request
      1,884 SF

      35 Grange Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      35 Grange Rd, Huguenot, NY 12746
      View Details
    • Value Estimation by Request
      2,552 SF

      443 Rte 209

      RESTAURANT
      443 Rte 209, Huguenot, NY 12746-5128
      View Details
    • Value Estimation by Request
      17.30 Acres

      430 Rte 209

      MANUFACTURING (LIGHT)
      430 Rte 209, Huguenot, NY 12746
      View Details
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    Huguenot, NY 12746-5128
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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