Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    51 Brg St Catskill, NY 12414-1623
    Property profile & analytics

    51 Brg St, Catskill, NY 12414-1623

    View on Map
    • Investment properties
    • 3,787 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Sep 10, 2024
    $95,000
    Property ID
    US63-5868877
    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 51 Brg St

    Year built
    1960
    Lot size
    0.40 lot acres
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    192601 172.05-6-64
    APU
    19260117205664

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 10, 2024 — 51 West Bridge Corp Ida Cippitelli Irt Quit Claim Deed · related $200k · Housing Prtnr 72 LLC
    Oct 29, 2010 — Wase,michelle Tr Cippitelli,ida Quit Claim Deed · related —
    Jul 7, 2008 — Ida Cipitelli Labonte,albert H Grant Deed · related —
    Mar 16, 2004 $95,000 Albert H Labonte Stegall,donald Warranty Deed —

    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
    Catskill
    County
    Greene
    State
    New York
    Longitude
    -73.8702
    Latitude
    42.2164

    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
    0
    $0.00
    $12,800
    $75,000
    $87,800
    -
    $35,310
    $206,897
    $242,207

    Comparable in this City

    • Value Estimation by Request
      1,768 SF

      221 Jefferson Hts

      OFFICE/RESIDENTIAL (MIXED USE)
      221 Jefferson Hts, Catskill, NY 12414-2111
      View Details
    • Value Estimation by Request
      4,686 SF

      329 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      329 Main St, Catskill, NY 12414-1823
      View Details
    • Value Estimation by Request
      6,630 SF

      377 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      377 Main St, Catskill, NY 12414-1450
      View Details
    • Value Estimation by Request
      1,984 SF

      400 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      400 Main St, Catskill, NY 12414-1326
      View Details
    • Value Estimation by Request
      1,344 SF

      277 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      277 Main St, Catskill, NY 12414-1540
      View Details
    • Value Estimation by Request
      6,702 SF

      454-456 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      454-456 Main St, Catskill, NY 12414
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,300 SF

      Mixed-Use Property in Downtown Catskill

      Mixed-use property with storefront and apartment in thriving downtown.
      414 Main St, Catskill, NY 12414
      View Details
    • Contact for pricing
      12,640 SF

      Historical Brick Building on Main

      Historical mixed-use building with storefront on Catskill's Main Street.
      447 Main St, Catskill, NY 12414
      View Details
    • Contact for pricing
      7,896 SF

      Catskill Mixed-Use Investment Opportunity

      Two buildings with eight units in thriving Catskill, NY.
      296 Main St, Catskill, NY 12414
      View Details
    • $699,000
      12,640 SF

      Historical Brick Building on Main

      Historical mixed-use building with storefront on Main Street in Catskill.
      447 Main St, Catskill, NY 12414
      View Details
    • $6,500,000
      450,000 SF

      Catskill Mountain Resort Investment

      Luxury Hotel & Commercial Complex
      4858 Route 32, Catskill, NY 12414
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,730 SF

      Unique Catskill Live/Work Space

      Tri-level 2,000 SF space suitable for various uses.
      139 Jefferson Hts, Catskill, NY 12414
      View Details
    • Contact for pricing

      Waterfront Hospitality and Flex Space

      Rare waterfront hospitality and flex space in dynamic cultural community.
      125 Water St, Catskill, NY 12414
      View Details
    • Contact for pricing
      816 SF

      Catskill Village Remodeled Office Units

      Remodeled office units in historic Catskill building for rent.
      335 10Th St, Catskill, NY 12414
      View Details
    • Contact for pricing
      816 SF

      Catskill Office Space Available

      Office units available for rent in Catskill, New York.
      335 10Th St, Catskill, NY 12414
      View Details
    • Contact for pricing

      Main Street Commercial Space

      Customizable commercial space in the heart of Catskill.
      385 Main St, Catskill, NY 12414
      View Details
    • Contact for pricing
      2,362 SF

      High-Visibility Commercial Space Available

      2,362 sq ft commercial space with high traffic exposure.
      175 W Bridge St, Catskill, NY 12414
      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.
    51 Brg St
    Catskill, NY 12414-1623
    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
    51 Brg St, Catskill, NY, 12414
    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!