Technical
Financial
Distress signals
Property profile

592 Rte 22 Pawling, NY 12564

OFF-MARKET
Other investment properties
Property ID
US63-0341469
15,000 SF 1.22 ac lot Built 2007
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a three-story Class A commercial plaza located on Route 22 in Pawling at the corner of Route 22 and Pine Drive. A 2,700-square-foot office suite occupies the top floor and is configured with an open floor plan, hardwood flooring, and abundant natural light from windows on three sides. The suite includes both front and rear entrances, a reception area with granite countertops, two private offices, and a conference room with pocket doors. Amenities within the suite include a private bathroom and a fully equipped kitchen with stainless steel appliances (including a full-sized refrigerator, dishwasher, and microwave), plus white custom cabinetry and granite countertops. Building-wide features include an ADA-accessible main lobby, elevator service, two staircases, a backup generator, a public restroom on the lower level, and a private rear patio area; parking is available in an on-site lot accommodating approximately 50 vehicles. The site has traffic-signal access for convenient entry and visibility and is within walking distance of the Village of Pawling and the Metro-North train station, with access to I-684 and I-84.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2007
Total area 15,000 SF
Lot 1.22 ac (53,143 SF)
Zoning code B2
APN 134001 7057-17-236132-0000
UPID US63-0341469

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

592 Rte 22 Pawling, NY 12564-1219
Pawling metro Census 110005 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$415k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Pawling, NY
Top alternative use upside
Auto repair, garage $2.4M +17.0%

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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