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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Investment properties
5344 State Rte 23, Windham, NY 12496-5800
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-2125662
Property summary
AI-generated overview
This iconic Windham, NY, Main Street property offers a unique blend of commercial and retail space with three income-generating apartments. The 6,400 sq ft building, situated on a 0.18-acre lot, currently houses a thriving market and three 1-bedroom/1-bathroom apartments, all fully rented and generating substantial returns. High visibility and foot traffic ensure strong retail potential, attracting both locals and tourists. The spacious ground floor retail area is adaptable to various businesses, while the upstairs apartments provide a consistent rental income stream. This presents an excellent opportunity for investors seeking dual income, with potential for expansion or modification to suit individual needs. The property's mixed-use nature offers flexibility, allowing for owner-operator occupancy or purely rental income. Seller financing is available. An additional, separately subdivided back lot (not included in the sale but potentially available) offers further development possibilities with municipal water and sewer access. This property is more than just a building
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Total area
5,280 SF
Lot
0.18 ac (7,841 SF)
Zoning code
01 - NOT ZONED
APN
194600 78.19-1-12
UPID
US63-2125662
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
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Snowbird 1393 LLC · 1 yrs held
Snowbird 1393 LLC
since 2025
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Windham, 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 Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham 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
$1,105,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.20M (May 8 2025)
Last sale anchor
$1.20M
May 8 2025
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
$220 / 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
Property tax & assessments
Assessed value
$349,400
Assessed 2023
Previous assessed
$349,400
+0.0% YoY
Assessed land
$17,400
Assessed improvement
$332,000
Land market value
$26,769
Improvement market value
$510,769
Total market value
$537,538
Applied tax rate
194,601.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1975
Heating
NONE
Buildings
1
Stories
2
Total area
5,280 SF
Lot
0.18 ac (7,841 SF)
Zoning code
01 - NOT ZONED
APN
194600 78.19-1-12
UPID
US63-2125662
Jurisdiction
GREENE
Zoning & alternative use
01 - NOT ZONED · Windham, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Windham, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Windham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
2
Buildings
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Snowbird 1393 LLC
Entity
Mailing address
300 ROSS AVE, MELBOURNE BEACH, FL 32951-3222
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
$1,200,000
Snowbird 1393 LLC
Route 23 LLC
Deed
$200,000 · Route 23 LLC
Jan 31, 2022
$550,000
Route 23 LLC
Mario Todaro
Deed
—
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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