Property profile

5394 State Rte 23 Windham, NY 12496

OFF-MARKET
Showrooms
Property ID
US63-3004239
5,456 SF 0.1 ac lot Built 1960
Trust Owned 13-yr Hold Free & Clear
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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

Location

5394 State Rte 23 Windham, NY 12496
Windham metro Census 80301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$618k
Blend (final) Blend
$285k

Owner & transaction history

since 2012
1 recorded transaction
2012
$165,000

Zoning & alternative use

01 - NOT ZONED · Windham, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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