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    59 N Main St Liberty, NY 12754
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    Property profile & analytics

    59 N Main St Liberty, NY 12754

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    • Office buildings
    • 18,000 SF
    • 0.24 lot acres
    For Sale
    $1,650,000
    View Listing →
    Historic Liberty Building For Sale For Sale
    $1,650,000
    18,000 SF

    Historic Liberty Building For Sale

    18,000 sq ft building in booming Catskills location.

    59 N Main St, Liberty, NY
    View Listing
    Property ID
    US63-6161064
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • LibertyX Bitcoin ATM / Atm
    • Latinos supermarket / Grocery & Convenience Store / Specialty Food Shop
    • Ron Lusker / Artist

    Property Details for 59 N Main St

    Year built
    1920
    Lot size
    0.24 lot acres
    Property size
    18,000 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    483601 108.-6-26
    APU
    483601108626

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $507,000
      Market price range: $508k - $1.59M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Sullivan
    State
    New York
    Longitude
    -74.7462
    Latitude
    41.8005

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $8,900
    $221,100
    $230,000
    -
    $18,031
    $447,933
    $465,964

    Comparable in this City

    • Value Estimation by Request
      4,804 SF

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    • Value Estimation by Request
      6,345 SF

      120 Main St

      OFFICE BUILDING • 6,345 SF
      120 Main St, Liberty, NY 12754-1861
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    • Value Estimation by Request
      2,520 SF

      5518 State Rte 55

      OFFICE BUILDING • 2,520 SF
      5518 State Rte 55, Liberty, NY 12754-2830
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    • Value Estimation by Request
      1,548 SF

      92 Sullivan Ave

      OFFICE BUILDING • 1,548 SF
      92 Sullivan Ave, Liberty, NY 12754
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    • Value Estimation by Request
      2,912 SF

      119 Main St

      OFFICE BUILDING • 2,912 SF
      119 Main St, Liberty, NY 12754-1862
      View Details
    • Value Estimation
      $1,175,000
      9,922 SF

      1-3 Cablevision Ctr Dr, Unit 7

      OFFICE BUILDING • 9,922 SF
      1-3 Cablevision Ctr Dr, Liberty, NY 12754
      View Details

    Similar Nearby for Sale

    • $350,000
      2,520 SF

      Liberty Office Building - Prime Location

      High-visibility office, 2520 sq ft, 0.67 acres
      5518 State Route 55, Liberty, NY 12754
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    • Contact for pricing
      18,000 SF

      Historic Liberty Building For Sale

      18,000 sq ft building in booming Catskills location.
      59 N Main St, Liberty, NY 12754
      View Details
    • $599,000
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      Mixed-Use Building in Liberty, NY

      Mixed-use property with five residential units and commercial storefront.
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    • $679,900

      Multifamily Property with Renovation Potential

      Two buildings, one income-producing, one with fire damage, renovation potential.
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    Similar Nearby for Lease

    • $3,333 /Mo

      Commercial Office Building For Rent

      Commercial office building for rent, suitable for various uses.
      5518 State Route 55, Liberty, NY 12754
      View Details
    • $3,500 /Mo

      Main Street Commercial Space Available

      Prime 5,000 sqft commercial space on Liberty's Main St.
      77 N Main St, Liberty, NY 12754
      View Details
    • $1,250 /Mo

      Two-Room Storefront for Rent

      Two-room storefront ideal for retail or office use.
      188 W Lake St, Liberty, NY 12754
      View Details
    • $3,000 /Mo
      7,841 SF

      Warehouse Space in Liberty, NY

      4000 sq ft warehouse space available for rent.
      325 N Main St, Liberty, NY 12754
      View Details
    View Listing
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    59 N Main St
    Liberty, NY 12754
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    59 N Main St, Liberty, NY, 12754
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