245 MAIN ST
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Location
245 MAIN ST
Mblu
338/ 1A/ 0/ /
Acct#
5199
Owner
HAMILTON ON MAIN LLC
Total Market Value
$30,753,200
PID
5199
Building Count
3
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$21,573,200$9,180,000$30,753,200

Owner of Record
OwnerHAMILTON ON MAIN LLC
Co-Owner
AddressPO BOX 1681
HICKSVILLE, NY 11802
Sale Price$56,000,000
Certificate
Book & Page 43588/338
Sale Date08/25/2004
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
HAMILTON ON MAIN LLC $56,000,000 43588/3381O08/25/2004
PILOT WATERTOWN APARTMTS LLC $36,530,000 35433/0811AL05/08/2002
PANNESI, P. ALFRED TRUSTEE $014526/32014526/3201AL01/29/1982

Building Information
Building 1 : Section 1
Year Built: 1966
Living Area: 52,080
Replacement Cost: $9,645,273
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$7,041,000
Building Attributes
FieldDescription
StyleAPRTMNT-HR
ModelCommercial
GradeAvg. (+)
Stories6
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar+gravel
Int Wall 1Plaster
Int Wall 2 
Int Floor 1Carpet
Int Floor 2 
Heat FuelGas
Heat TypeForced H/W
AC Percent0
Full Baths51
Half Baths0
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingAverage
% Sprinkler 
Half Bath RatingNone
Living Units51
Full Bath RatingAverage
Kitchens51
Bsmt Garage0
FoundationConcrete
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 43,400 43,400
BASBase Floor 8,680 8,680
UBMBasement, Unfinished 8,680 0
WDKDeck, Wood 3,240 0
   64,000 52,080
Building 2 : Section 1
Year Built: 1966
Living Area: 52,080
Replacement Cost: $9,692,812
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$7,075,800
Building Attributes : Bldg 2 of 3
FieldDescription
StyleAPRTMNT-HR
ModelCommercial
GradeAvg. (+)
Stories6
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar+gravel
Int Wall 1Plaster
Int Wall 2 
Int Floor 1Carpet
Int Floor 2 
Heat FuelGas
Heat TypeForced H/W
AC Percent0
Full Baths51
Half Baths0
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingAverage
% Sprinkler 
Half Bath RatingNone
Living Units51
Full Bath RatingAverage
Kitchens51
Bsmt Garage0
FoundationConcrete
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 43,400 43,400
BASBase Floor 8,680 8,680
FOPOpen Porch 3,240 0
UBMBasement, Unfinished 8,680 0
   64,000 52,080
Building 3 : Section 1
Year Built: 1966
Living Area: 52,080
Replacement Cost: $9,692,812
Building Percent Good: 73
Replacement Cost
Less Depreciation:
$7,075,800
Building Attributes : Bldg 3 of 3
FieldDescription
StyleAPRTMNT-HR
ModelCommercial
GradeAvg. (+)
Stories6
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar+gravel
Int Wall 1Plaster
Int Wall 2 
Int Floor 1Carpet
Int Floor 2 
Heat FuelGas
Heat TypeForced H/W
AC Percent0
Full Baths51
Half Baths0
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingAverage
% Sprinkler 
Half Bath RatingNone
Living Units51
Full Bath RatingAverage
Kitchens51
Bsmt Garage0
FoundationConcrete
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 43,400 43,400
BASBase Floor 8,680 8,680
FOPOpen Porch 3,240 0
UBMBasement, Unfinished 8,680 0
   64,000 52,080

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Pass Elev 1-3stop6.00 UNITS$39,0002
ELV1Pass Elev 1-3stop6.00 UNITS$39,0003
ELV1Pass Elev 1-3stop6.00 UNITS$39,0001

Land
Land Use
Use Code112C
DescriptionAPTS >8  
Zone
NeighborhoodAU
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.61
Frontage
Depth
Total Market Land$9,180,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving-Asphalt  70000.00 S.F$257,6001
LT2W/Double Light  4.00 UNITS$6,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$21,539,600$9,180,000$30,719,600
2024$21,342,600$8,874,000$30,281,700
2023$21,342,600$8,874,000$30,281,700

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