New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Banks
500 Main St, Little Falls, NY 13365-1444
Entity Owned
25-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0644289
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1917
Total area
31,612 SF
Lot
0.63 ac (27,405 SF)
Zoning code
C1
APN
210900 114.68-6-33
UPID
US63-0644289
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
-
Mastromoro Norman L Law Firm
-
Julie Perlanski,M.D. Pediatrician Physician
-
H & H Accounting Tax Preparation
-
MVHS Medical Group - Little Falls Medical Office Medical Laboratory Medical Group
-
Roza Karabanov Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
BURRELL BUILDING LLC
BURRELL BUILDING LLC
Zoning & alternative use
C1 · Little Falls, 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 Little Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Falls 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$38,824
Tax year 2020
Assessed value
$216,000
Assessed 2023
Previous assessed
$216,000
+0.0% YoY
Effective rate
17.97%
On assessed value
Assessed land
$7,200
Assessed improvement
$208,800
Land market value
$53,333
Improvement market value
$1,546,667
Total market value
$1,600,000
Applied tax rate
210,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1917
Heating
NONE
Buildings
1
Stories
5
Total area
31,612 SF
Lot
0.63 ac (27,405 SF)
Zoning code
C1
APN
210900 114.68-6-33
UPID
US63-0644289
Jurisdiction
HERKIMER
Zoning & alternative use
C1 · Little Falls, NY
Zoning C1 · permitted uses
C1 · Little Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Little Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Heating
NONE
Stories
5
Buildings
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
BURRELL BUILDING LLC
Entity
Free & Clear · 0 yrs held
Mailing address
185 GENESEE ST, UTICA, NY 13501-2102
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
