New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,555,000
Motels
590 Fairview St, Johnson City, NY 13790-1480
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-0126198
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1989
Total area
16,320 SF
Lot
2.5 ac (108,900 SF)
Zoning code
USF
APN
034603 143.05-1-5
UPID
US63-0126198
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
-
Red Roof Inn Binghamton - Johnson City Hotel & Motel
-
CSI Software (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.56M
Owner & transaction history
Empire State Hotels LLC · 1 yrs held
Empire State Hotels LLC
since 2024
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
USF · Johnson City, 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 Johnson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnson City 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
$4,555,000
ML approach
$4,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.56M
Range $4.10M – $5.01M · ±10% · vs last sale $4.56M (Sep 11 2024)
Last sale anchor
$4.56M
Sep 11 2024
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
$279 / 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
Property tax & assessments
Assessed value
$93,420
Assessed 2023
Previous assessed
$102,671
-9.0% YoY
Assessed land
$19,800
Assessed improvement
$73,620
Land market value
$572,254
Improvement market value
$2,127,746
Total market value
$2,700,000
Applied tax rate
34,602.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
16,320 SF
Lot
2.5 ac (108,900 SF)
Zoning code
USF
APN
034603 143.05-1-5
UPID
US63-0126198
Jurisdiction
BROOME
Zoning & alternative use
USF · Johnson City, NY
Zoning USF · permitted uses
USF · Johnson City, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Johnson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Empire State Hotels LLC
Entity
Mailing address
590 FAIRVIEW ST, JOHNSON CITY, NY 13790-1480
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 11, 2024
$4,275,000
Empire State Hotels LLC
Party1 Fairview Hotels LLC
Deed
—
Apr 6, 2020
$4,200,000
Fairview Hotels LLC
Bny Ents LLC
Grant Deed
$925,000 · Peapack Gladstone Bk
Apr 6, 2020
—
Fairview Hotels LLC
—
Deed
related
$3,825,000 · Peapack Gladstone Bank
Jun 19, 2019
$3,400,000
Bny Ents LLC
Rri II LLC
Grant Deed
—
Jun 19, 2019
—
Bny Ents LLC
—
Deed
related
$2,931,020 · Syracuse Hospitality LLC
Mar 17, 2011
$5,209,310
Rri II LLC
R Roof V LLC
Deed
$105,976 · Deutsche Bank Trust Co America
Sep 21, 2007
—
R-roof V LLC
Red Roof Inns INC
Grant Deed
related
—
—
—
Bny Ents LLC
—
Loan Modification
related
$2,931,020 · Syracuse Hospitality LLC
—
—
Rri II LLC
—
Loan Modification
related
$130,000,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 590 Fairview St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
