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Financial
Distress signals
Property profile

9 Park Pl Corning, NY 14830

FOR SALE
Office buildings
Property ID
US63-1590201
13,673 SF 5.5 ac lot Built 1916
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Knoll, a landmark property in Corning, NY, presents a unique investment opportunity. This 13,673 square foot, three-story Class B executive office building, built in 1916, sits on a 5.5-acre lot. Formerly the largest residence in Corning and owned by the Houghton family, this iconic estate boasts 22 rooms, including 14 bedrooms and 11 bathrooms. Modern amenities include central air conditioning, three-phase electric, and 14 fireplaces (many converted to gas). The property features a 30'…

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$960k
Assessed land$165k
Assessed improvement$795k

Value estimate

· Oct 2026
$520k
$468k – $572k
AI approach$335k
Submarket $/SF estimate$723k
NOI build-up
Gross scheduled income$205k
Vacancy & credit loss−$113k
Operating expenses−$48k
NOI · 4.61% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$66/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$30 – $106

Cap rate analysis

How does the asset earn?
4.61%
$44k 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?
R1
usage; interpretation. § 240-14 Definitions. Article IV Zoning Districts § 240-15 Establishment of zoning districts. § 240-16 Zoning Map....
General categoryRESIDENTIAL
JurisdictionSTEUBEN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand index
Wholesale Shop17.2
Building Supply15.9
Auto Repair Shop15.6

Location

9 Park Pl Corning, NY 14830
County assessor Recorded deeds · not on file 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
218 Denison E, Corning, NY 14830-2813 $965,000 Jan 2025 3,516 SF
10 1st, Corning, NY 14830-2628 $157,055 Dec 2024 11,246 SF
34 Pulteney, Corning, NY 14830-2211 $485,000 May 2023 14,780 SF
11849 Corning, Corning, NY 14830-3695 $1,800,000 Apr 2023 16,000 SF
33 Denison W, Corning, NY 14830-2613 $900,000 Dec 2020 29,752 SF
26 Brg, Corning, NY 14830-2207 $145,000 Oct 2019 17,124 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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