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Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Strip malls
55 Quaker Ave, Cornwall, NY 12518-2018
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-0940712
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
23,328 SF
Lot
1.8 ac (78,408 SF)
APN
332489 23-3-56
UPID
US63-0940712
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
Current use
Occupant on record · Public records
-
Subway Take-out & Catering
-
Sakura Restaurant
-
West Shore Salon Hair Salon
-
Homestead Funding Corp: Maria L. Crusco | NMLS# 2525802 Loan Service Bank
-
Natural Beauty Nail Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
$3.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
Hudson Properties 102 LLC · 3 yrs held
Hudson Properties 102 LLC
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+373.9%
Commercial (general)
$2.8M
+351.8%
Office building
$2.5M
+310.0%
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 Cornwall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornwall 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
$2,280,000
ML approach
$2,440,000
CAP Approach
CAP Return
Estimation
6%
$3,380,000
6.5%
$3,120,000
7%
$2,895,000
Alternative Use
Use
Estimation
RESTAURANT
$2,920,000
Change: +374% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,785,000
Change: +352% · Conversion: Easy
OFFICE BUILDING
$2,530,000
Change: +310% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,310,000
Change: +275% · Conversion: Difficult
RETAIL STORES
$2,050,000
Change: +233% · Conversion: Easy
MEDICAL BUILDING
$1,985,000
Change: +222% · Conversion: Difficult
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $2.50M (Jan 13 2023)
Last sale anchor
$2.50M
Jan 13 2023
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
$104 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$1,891,800
Assessed 2023
Previous assessed
$1,891,800
+0.0% YoY
Assessed land
$217,600
Assessed improvement
$1,674,200
Land market value
$322,604
Improvement market value
$2,482,096
Total market value
$2,804,700
Applied tax rate
332,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
23,328 SF
Lot
1.8 ac (78,408 SF)
APN
332489 23-3-56
UPID
US63-0940712
Jurisdiction
ORANGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Hudson Properties 102 LLC
Entity
Mailing address
55 QUAKER AVE STE #201, CORNWALL, NY 12518-2026
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
$2,500,000
Hudson Properties 102 LLC
Gruda Properties LLC
Deed
—
Jan 8, 2019
—
Gruda Properties LLC
—
Deed
related
$800,000 · Flushing Bk
Mar 27, 2017
$2,000,000
Gruda Properties LLC
72 Ridgewood Realty Corp
Grant Deed
—
Jun 4, 2010
$2,200,000
72 Ridgewood Realty Corp
Dan Z Cornwall Hldgs C
Grant Deed
—
Jul 8, 2005
—
Olivier Quaker Avenue LLC
Quaker Ave Dev LLC
Quit Claim Deed
related
—
Jun 28, 2004
$750,000
Dan Z Cornwall Holdings Corp
Danza Grp X LLC
Warranty Deed
related
—
Jun 1, 2004
$905,000
Quaker Avenue Dev LLC
Danza Group X LLC
Warranty Deed
—
Jun 1, 2004
—
Danza Group X LLC
D & G Group II LLC
Warranty Deed
related
—
—
—
Gruda Properties LLC
—
Deed Of Trust
related
$800,000 · Flushing Bk
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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