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Property summary
This exceptional mixed-use property in Arlington, NY, presents a compelling investment opportunity. Located at 796 Main St, this 5,379 square foot, two-story building boasts a 100% occupancy rate with a current NOI of $50,726 and a pro-forma NOI of $62,725, reflecting a 7.00% cap rate and a pro-forma cap rate of 8.65%. The property features a thriving restaurant occupying the first floor, complete with an indoor beer garden and commercial kitchen, and two residential units on the second… floor, one of which has been fully renovated in 2023. The building sits on a .34-acre lot (14,810 sq ft) and includes 10 parking spaces with convenient Main Street access. Built in 1916, the property benefits from ATC zoning, allowing for diverse uses. The current lease is a modified lease with a remaining term of 0.5 years, expiring May 31, 2025, and includes a 3% annual rent bump. The asking price is $725,000 ($134.78/sq ft). This property offers significant upside potential due to below-market apartment rents and a strong, established restaurant tenant. Its prime location near Vassar College and the Arlington Town Center ensures consistent demand and strong rental income. The property is a fee simple ownership with APN 134689-6161-08-806808.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,379 SF
- Lot area
- 0.34 ac
- Year built
- 1916
- Stories
- 2
- APN
- 134689 6161-08-806808-0000
- Zoning
- ATC
- Assessed value · 2023
- $475,500
- Annual tax · 2020
- $23,882
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The district recognizes the Arlington area as a unique blend of residential and business land uses in close proximity to Vassar College. Land uses include established single-family, two-family, and multifamily developmen…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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