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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
61 Sullivan St Wurtsboro, NY 12790-8221
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US63-3638643
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1977
Total area
6,702 SF
Lot
3.5 ac (152,460 SF)
Zoning code
C1R4
APN
484003 107.-1-10.2
UPID
US63-3638643
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
-
Jerry's Collision Center, Inc. Auto Repair Shop
-
Jerry's Autobidy Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$406k
Blend (final)
Blend
$550k
Owner & transaction history
61 Sullivan Street LLC
61 Sullivan Street LLC
since 2026
Last sale
$725,000
3 recorded transactions
Zoning & alternative use
C1R4 · Wurtsboro, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$675,000
+27.4%
Auto repair, garage
$600,000
+12.6%
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 Wurtsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wurtsboro 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Current use
RESTAURANT
$675,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$600,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $725k (Feb 2 2026)
Last sale anchor
$725k
Feb 2 2026
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
$82 / 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
$150,000
Assessed 2023
Previous assessed
$150,000
+0.0% YoY
Assessed land
$19,800
Assessed improvement
$130,200
Land market value
$52,800
Improvement market value
$347,200
Total market value
$400,000
Applied tax rate
484,601.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1977
Heating
NONE
Buildings
1
Stories
1
Total area
6,702 SF
Lot
3.5 ac (152,460 SF)
Zoning code
C1R4
APN
484003 107.-1-10.2
UPID
US63-3638643
Jurisdiction
SULLIVAN
Zoning & alternative use
C1R4 · Wurtsboro, NY
Zoning C1R4 · permitted uses
C1R4 · Wurtsboro, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wurtsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$530,000
RESTAURANT
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$600,000
OFFICE BUILDING
Est. value
$490,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Buildings
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
61 Sullivan Street LLC
Entity
Mailing address
133 GILLEN RD, MIDDLETOWN, NY 10940-6367
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$725,000
61 Sullivan Street LLC
Gillen Properties LLC
Deed
$543,750 · Wallkill Valley Fsla
Nov 6, 2020
—
Gillen Properties LLC
—
Deed
related
$212,050 · Wayne Bk
—
—
Gillen Properties LLC
—
Deed Of Trust
related
$212,050 · Wayne Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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