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Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Refrigerated & Cold Storage
4496 State Rte 42, Kiamesha Lake, NY 12751
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-2442727
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1925
Total area
35,647 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CI
APN
484689 9.-1-41
UPID
US63-2442727
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
$4.04M
CAP Approach
CAP
$5.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.04M
Owner & transaction history
Monroe Cable Co INC · 4 yrs held
Monroe Cable Co INC
since 2022
Last sale
$4.2M
3 recorded transactions
Zoning & alternative use
CI · Kiamesha Lake, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+99.6%
Auto repair, garage
$3.2M
+76.5%
Commercial (general)
$2.8M
+56.7%
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 Kiamesha Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kiamesha Lake 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
$3,720,000
ML approach
$4,035,000
CAP Approach
CAP Return
Estimation
6%
$6,045,000
6.5%
$5,580,000
7%
$5,180,000
Alternative Use
Use
Estimation
RESTAURANT
$3,595,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,180,000
Change: +76% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,825,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$2,605,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±10% · vs last sale $4.20M (May 17 2022)
Last sale anchor
$4.20M
May 17 2022
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
$113 / 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
$600,000
Assessed 2023
Previous assessed
$600,000
+0.0% YoY
Assessed land
$120,000
Assessed improvement
$480,000
Land market value
$240,000
Improvement market value
$960,000
Total market value
$1,200,000
Applied tax rate
484,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1925
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
35,647 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CI
APN
484689 9.-1-41
UPID
US63-2442727
Jurisdiction
SULLIVAN
Zoning & alternative use
CI · Kiamesha Lake, NY
Zoning CI · permitted uses
CI · Kiamesha Lake, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kiamesha Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.6M
RESTAURANT
AUTO REPAIR, GARAGE
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
1925
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Monroe Cable Co INC
Entity
Free & Clear · 4 yrs held
Mailing address
18 SATMAR DR UNIT #301, MONROE, NY 10950-6053
Ownership since
2022
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
May 17, 2022
$4,200,000
Monroe Cable Co INC
Water Est LLC
Deed
—
Sep 11, 2019
$90,500
Water Estates LLC
Referee Of Sullivan County|boreal Water Collection
Trustees Deed
$700,000 · Ditmas Pk Cap LP
—
—
Boreal Water Collection INC
—
Deed Of Trust
related
$900,000 · Woodbridge Mtg Inv Fund 1 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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