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Property profile & analytics
OFF-MARKET
Turn key restaurants
61 Brg St Corning, NY 14830-2231
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-0205888
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Total area
2,592 SF
Lot
0.09 ac (3,800 SF)
Zoning code
C
APN
460300 317.27-01-019.200
UPID
US63-0205888
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
-
Pudgie's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pudgies Corning LLC · 4 yrs held
Pudgies Corning LLC
since 2022
Last sale
$200,000
4 recorded transactions
Zoning & alternative use
C · Corning, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
0-17 Interpretation of district boundaries. § 240-18 Residential Low Density (R1). § 240-19 Residential Moderate Density (R2). § 240-20 Multiple Residence (MR). § 240-21 Residential Transition (RT). § 240-22 Commercial (C). § 240-23 Commercial/Light Industrial (CL). § 240-24 Business Development (BD). § 240-25 Industrial (I). § 240-26 Public-Conservation (PC…
Zone name
Commercial
General category
COMMERCIAL
Zone area
163.36 ac
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 Corning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corning 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$200,000
Assessed 2023
Previous assessed
$212,000
-5.7% YoY
Assessed land
$20,800
Assessed improvement
$179,200
Land market value
$20,800
Improvement market value
$179,200
Total market value
$200,000
Applied tax rate
460,300.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
2,592 SF
Lot
0.09 ac (3,800 SF)
Zoning code
C
APN
460300 317.27-01-019.200
UPID
US63-0205888
Jurisdiction
STEUBEN
Zoning & alternative use
C · Corning, NYZoning C · permitted uses
C · Corning, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
0-17 Interpretation of district boundaries. § 240-18 Residential Low Density (R1). § 240-19 Residential Moderate Density (R2). § 240-20 Multiple Residence (MR). § 240-21 Residential Transition (RT). § 240-22 Commercial (C). § 240-23 Commercial/Light Industrial (CL). § 240-24 Business Development (BD). § 240-25 Industrial (I). § 240-26 Public-Conservation (PC). Article V Planned Development District (PDD) § 240-27 Intent. § 240-28 Permitt
Zone name
Commercial
General category
COMMERCIAL
Zone area
163.36 ac
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Pudgies Corning LLC
Entity
Free & Clear · 4 yrs held
Mailing address
61 BRG ST, CORNING, NY 14830-2231
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Sep 6, 2023
—
Coty L Ferris
—
Deed
related
$787,500 · Community Bank NA
Jun 17, 2022
$200,000
Pudgies Corning LLC
Cavaco Properties Ltd
Warranty Deed
—
Apr 20, 2021
—
Coty Ferris
—
Deed
related
$175,000 · First Heritage Federal Credit Union
Apr 27, 2006
$185,000
Cavaco Properties Ltd
Holdings INC Clark & Cavaluzzi
Deed
—
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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