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    Property profile & analytics
    OFF-MARKET Estimated value $565,000
    Showrooms

    5394 State Rte 23, Windham, NY 12496

    5,456 SF 0.1 ac lot Built 1960
    Trust Owned 13-yr Hold Free & Clear
    Property ID
    US63-3004239
    Property summary
    AI-generated overview

    This meticulously renovated, 5,456 sq ft mixed-use property in Windham, NY, presents a unique investment opportunity. Located on the main street, minutes from the Windham Mountain Club, this circa 1899 building boasts four fully renovated units, each offering modern amenities while retaining historical charm. The expansive upper unit, once a vaudeville house and movie theater, features a 16x9 foot entertainment screen, a chef's kitchen with a bar and wine cooler, a restored 15-foot pressed tin ceiling, and refinished original maple and fir floors. This unit includes two bedrooms and one bath. A second upper-level unit, with its own exterior entry, offers two bedrooms and one bath. The main level includes two additional units: one with three bedrooms and one bath, and another with two bedrooms and two baths, featuring a golf simulator and entertainment area. Mountain views are visible from several locations. All units are income-producing, offering immediate returns. This turnkey property combines historical significance with modern upgrades, ensuring both tenant satisfaction and strong investment potential in a vibrant village setting. The 0.1-acre lot provides convenient access to local attractions, restaurants, shops, and outdoor recreation.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1960
    Total area 5,456 SF
    Lot 0.1 ac (4,356 SF)
    Zoning code 01 - NOT ZONED
    APN 194600 78.18-1-12
    UPID US63-3004239
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $618k
    Blend (final) Blend
    $565k
    Owner & transaction history
    Maldonado,kevin & Melissa Trus Trust · 13 yrs held
    Maldonado,kevin & Melissa Trus Trust
    since 2012
    1 recorded transaction
    2012
    $165,000
    Zoning & alternative use
    01 - NOT ZONED · Windham, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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