Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5015 Rte 17th, Unit 5021 New Hampton, NY 10958-4809
    Back to Search
    Property profile & analytics

    5015 Rte 17th, Unit 5021 New Hampton, NY 10958-4809

    View on Map
    • Automotive properties
    • 14,544 SF
    • 15.80 lot acres
    Off-Market
    Property ID
    US63-6181003
    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
    $2,110,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 5015 Rte 17th

    Year built
    1980
    Lot size
    15.80 lot acres
    Property size
    14,544 SF
    Zone code
    MC 2
    Property type
    Automotive properties
    APN
    335600 6-1-57.22
    APU
    335600615722

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,196,000
      Market price range: $691k - $2.20M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,430,000
      Current use
      RETAIL STORES
      $3,000,000
      Change: +24% Conversion: Difficult
      OFFICE BUILDING
      $2,765,000
      Change: +14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,060,000
      Change: -15% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Orange
    State
    New York
    Longitude
    -74.4166
    Latitude
    41.4085
    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
    $477,100
    $5,604,700
    $6,081,800
    -
    $1,037,174
    $12,184,126
    $13,221,300

    Comparable in this City

    • Value Estimation
      $765,000
      2,784 SF

      5044 Rte 17m

      VEHICLE SALES, RENTALS • 2,784 SF
      5044 Rte 17m, New Hampton, NY 10958-4808
      View Details
    • Value Estimation
      $620,000
      3,849 SF

      4922 Rte 17m

      VEHICLE SALES, RENTALS • 3,849 SF
      4922 Rte 17m, New Hampton, NY 10958-4818
      View Details
    • Value Estimation by Request
      810 SF

      5058 Rte 17m

      VEHICLE SALES, RENTALS • 810 SF
      5058 Rte 17m, New Hampton, NY 10958-4808
      View Details
    • Value Estimation
      $1,995,000
      39,744 SF

      310 County Rte 12

      VEHICLE SALES, RENTALS • 39,744 SF
      310 County Rte 12, New Hampton, NY 10958
      View Details
    • Value Estimation by Request
      2,400 SF

      5008 Rte 17m

      VEHICLE SALES, RENTALS • 2,400 SF
      5008 Rte 17m, New Hampton, NY 10958-4808
      View Details
    • Value Estimation
      $2,745,000
      22,144 SF

      4953 Rte 17m

      VEHICLE SALES, RENTALS • 22,144 SF
      4953 Rte 17m, New Hampton, NY 10958
      View Details

    Similar Nearby for Sale

    • $1,950,000
      38.00 Acres

      Picturesque Farm with Updated Farmhouse

      Gentleman's farm on 38 acres with updated main residence.
      231 Celery Ave, New Hampton, NY 10958
      View Details
    • $49,000
      0.26 Acres

      Residential Lot in New Hampton

      0.26-acre residential lot with road access in Orange County.
      Lynch Ave, New Hampton, NY 10958
      View Details
    • $599,900
      2.30 Acres

      Two Homes on One Parcel

      Two homes on one parcel in a rural setting.
      155 Pierce Cir, New Hampton, NY 10958
      View Details
    • $1,200,000
      5.50 Acres

      Multifamily Property with Commercial Potential

      Income-producing multifamily property on 5+ acres with commercial potential.
      97 Deblock Rd, New Hampton, NY 10958
      View Details
    • $474,900
      40.70 Acres

      Secluded Hilltop Estate Lot

      Private 40.7-acre estate lot with ponds and stream.
      Co Rt 12, New Hampton, NY 10958
      View Details
    • $250,000
      2.60 Acres

      New Hampton Land Parcel

      Flat, surveyed land suitable for equipment parking or storage.
      2709 Route 17M, New Hampton, NY 10958
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo

      New Hampton Retail Opportunity

      Retail space in high-traffic New Hampton location for lease.
      4932 Route 17M, Middletown, NY 10958
      View Details
    • $6,000 /Mo
      47,916 SF

      Middletown Commercial Space For Lease

      High-traffic location ideal for quick-service or takeout concepts.
      4932 Route 17M, Middletown, NY 10958
      View Details
    • $3,500 /Mo

      Warehouse with Office and Mezzanine

      3042 SF warehouse with office space for rent.
      384 Onion Ave, New Hampton, NY 10958
      View Details
    • $3,000 /Mo

      Professional Office Space For Rent

      Office space with private offices and conference room available for rent.
      2713 Route 17M, New Hampton, NY 10958
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5015 Rte 17th, Unit 5021
    New Hampton, NY 10958-4809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5015 Rte 17th, New Hampton, NY, 10958
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!