Financial
Distress signals
Property profile

701 Grant Ave Unit 1ST 1st Lake Katrine, NY 12449

FOR LEASE
Office buildings
Property ID
US63-2659857
309,120 SF 14.6 ac lot Built 1984
Last sale Aug 2024 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 40,000-square-foot office facility configured for business continuity and mission-critical operations, with features that include an uninterruptible power source, redundant fiber connectivity, and high-capacity electrical infrastructure. It is supported by supplemental data room cooling equipment and includes a pad site suitable for installing a backup generator. Interior work areas are arranged with pre-installed steel case workstations.

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.

Mortgages

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$9.25M
Assessed land$1.50M
Assessed improvement$7.75M

Value estimate

· Sep 2026
$4.00M
$3.60M – $4.40M
AI approach$4.00M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$89 – $198

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
37
JurisdictionULSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Law Firm10.4
Parking Facility9.8

Location

701 Grant Ave Unit 1ST, Unit 1st Lake Katrine, NY 12449
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
901 Grant, Lake Katrine, NY 12449 $1,925,000 Jul 2021 214,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
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?”
More about this property
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