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Financial
Distress signals
Property profile

6208 State Highway 28 Fly Creek, NY 13337

FOR SALE
Other investment properties
Property ID
US63-4317487
7,889 SF 2.06 ac lot Built 1970
Last sale Sep 2020 · $255,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 6208 NY-28 in Fly Creek, Otsego County, is a mixed-use building located on a visible corner and includes two ground-floor commercial spaces and four upstairs residential rental units. The primary commercial space is configured as a restaurant and bar, with a dining area featuring tall ceilings, hardwood floors, and large windows, along with a professional kitchen, a handcrafted bar, and access to a large outdoor deck. The adjacent storefront operates with its own entrance and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$336k
Assessed land$95k
Assessed improvement$241k

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$305k
NOI build-up
Gross scheduled income$191k
Vacancy & credit loss−$10k
Operating expenses−$82k
NOI · 11.73% cap applied$100k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$31 – $111
Qualifying comparables6

Cap rate analysis

How does the asset earn?
11.73%
$100k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
01 - NOT ZONED
JurisdictionOTSEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Gym & Fitness7.1
Wine and Liquor Store6.9

Location

6208 State Highway 28 Fly Creek, NY 13337
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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