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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Banks
635 Broadway Kingston, NY 12401-3544
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-2507479
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1952
Total area
9,549 SF
Lot
0.3 ac (13,158 SF)
Zoning code
C-2
APN
510800 56.109-1-20
UPID
US63-2507479
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
-
Royaltown Insurance Co Insurance Agency
-
Midtown Jiu Jitsu Training Center Sports School
-
Any-Time Home Care Inc Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Sxs 635 Broadway Hldg LLC · 2 yrs held
Sxs 635 Broadway Hldg LLC
since 2024
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
C-2 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+41.6%
Auto repair, garage
$1.2M
+33.8%
Commercial (general)
$1.1M
+21.5%
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
$1,285,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$900,000
Current use
RESTAURANT
$1,275,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,205,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,090,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10% · vs last sale $1.29M (Jan 9 2024)
Last sale anchor
$1.29M
Jan 9 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
$135 / 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
$508,000
Assessed 2023
Previous assessed
$508,000
+0.0% YoY
Assessed land
$57,000
Assessed improvement
$451,000
Land market value
$93,443
Improvement market value
$739,344
Total market value
$832,787
Applied tax rate
510,800.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1952
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
9,549 SF
Lot
0.3 ac (13,158 SF)
Zoning code
C-2
APN
510800 56.109-1-20
UPID
US63-2507479
Jurisdiction
ULSTER
Zoning & alternative use
C-2 · Kingston, NY
Zoning C-2 · permitted uses
C-2 · Kingston, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$900,000
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$775,000
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1952
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Sxs 635 Broadway Hldg LLC
Entity
Mailing address
323 MARINE AVE APT 1B, BROOKLYN, NY 11209-8014
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
$1,285,000
Sxs 635 Broadway Hldg LLC
Cb 635 LLC
Warranty Deed
—
Oct 25, 2017
—
Cb 635 LLC
—
Deed
related
$350,000 · Rondout Savings Bank
Nov 10, 2015
$340,000
Cb 635 LLC
City Of Kingston Local Dev Corp
Grant 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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