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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Retail space
587 State Rte 55, Eldred, NY 12732-5036
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-5050801
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
9,100 SF
Lot
1.31 ac (57,064 SF)
Zoning code
HC
APN
483400 13.-4-15.3
UPID
US63-5050801
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.67M
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Rosner Custom Sound INC · 4 yrs held
Rosner Custom Sound INC
since 2021
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
HC · Eldred, 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 Eldred submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eldred 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
$1,585,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$1,830,000
6.5%
$1,690,000
7%
$1,570,000
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±10% · vs last sale $1.77M (Nov 18 2021)
Last sale anchor
$1.77M
Nov 18 2021
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
$186 / 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
$916,300
Assessed 2023
Previous assessed
$916,300
+0.0% YoY
Assessed land
$37,500
Assessed improvement
$878,800
Land market value
$58,594
Improvement market value
$1,373,125
Total market value
$1,431,719
Applied tax rate
483,401.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,100 SF
Lot
1.31 ac (57,064 SF)
Zoning code
HC
APN
483400 13.-4-15.3
UPID
US63-5050801
Jurisdiction
SULLIVAN
Zoning & alternative use
HC · Eldred, NY
Zoning HC · permitted uses
HC · Eldred, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eldred. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Rosner Custom Sound INC
Entity
Free & Clear · 4 yrs held
Mailing address
1138 31ST AVE, LONG ISLAND CITY, NY 11106-4812
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2021
$1,770,000
Rosner Custom Sound INC
Aden Brook Holdings LLC
Warranty Deed
—
Mar 26, 2019
$1,387,429
Aden Brook Holdings LLC
Bes Rhn LLC
Grant Deed
related
$1,040,500 · Wallkill Vly Fed'l S&l
Dec 9, 2015
$38,000
Bes Rhn LLC
Fattorusso Properties INC
Grant Deed
related
—
—
—
Bes Rhn LLC
—
Deed Of Trust
related
$1,047,000 · Td Bk NA
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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