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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Warehouses
488 State Rte 295 Chatham, NY 12037-3714
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-4520170
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
2003
Total area
3,000 SF
Lot
6.14 ac (267,458 SF)
Zoning code
B
APN
102689 47.2-1-39
UPID
US63-4520170
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
$3.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.24M
Owner & transaction history
Fultonbsh Chny 1 LLC · 4 yrs held
Fultonbsh Chny 1 LLC
since 2022
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
B · Chatham, 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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatham 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
$3,845,000
ML approach
$3,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±10% · vs last sale $3.17M (Jul 14 2022)
Last sale anchor
$3.17M
Jul 14 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
$1,080 / 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
$1,600,000
Assessed 2023
Previous assessed
$1,600,000
+0.0% YoY
Assessed land
$71,000
Assessed improvement
$1,529,000
Land market value
$76,344
Improvement market value
$1,644,086
Total market value
$1,720,430
Applied tax rate
103,801.0000
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
3
Stories
1
Total area
3,000 SF
Lot
6.14 ac (267,458 SF)
Zoning code
B
APN
102689 47.2-1-39
UPID
US63-4520170
Jurisdiction
COLUMBIA
Zoning & alternative use
B · Chatham, NY
Zoning B · permitted uses
B · Chatham, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Buildings
3
Lot
6.14 ac
Current owner
From public records · entity-resolved
Fultonbsh Chny 1 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 PRESIDENTIAL BLVD STE #201, BALA CYNWYD, PA 19004-1007
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
$3,172,297
Fultonbsh Chny 1 LLC
Hjb Holdings LLC
Deed
—
Apr 3, 2015
$940,000
Hjb Holdings LLC
Chatham Creekwood LLC
Grant Deed
related
—
Mar 4, 2009
—
Crkwood INC
Virtual Equity Co INC
Grant Deed
$882,429 · Bank Of Greene County
Mar 21, 2007
—
Virtual Equity Co INC
—
Trustees Deed
related
$150,000 · Robert & Barbara Cohen
Apr 5, 1999
—
Christian Schulze
Vazac,walter A
Grant Deed
$64,966 · Homestead Funding Corp
—
—
Hjb Holdings LLC
—
Loan Modification
related
$825,000 · Bank Of Greene Cnty
—
—
Hjb Holdings LLC
—
Deed Of Trust
related
$1,125,000 · Bank Of Greene Cnty
—
—
Virtual Equity Co INC
—
Deed Of Trust
related
$400,000 · Robert & Barbara Cohen
—
—
Creekwood INC
—
Deed Of Trust
related
$1,320,000 · Bank Of Greene County
—
—
Virtual Equity Co INC
—
Deed Of Trust
related
$300,000 · Max A Bervy
—
—
Virtual Equity Co INC
—
Deed Of Trust
related
$250,000 · Robert & Barbara Cohen
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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