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    Mixed-Use Building with Three Units Title is generated by Realmo AI

    107 Railroad Avenue, Middleburgh, NY 12122

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    Claim this Listing
    For Sale
    $419,000

    COMMERCIAL - Middleburgh, NY

    Property size:
    2,516 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $166/SF
    Added:
    Aug 28, 2025
    Days on Market:
    308
    Last Refresh:
    Jul 1 at 10:06 am

    Property Features for 107 Railroad Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Exterior features
    Lighting, Private Entrance
    Appliances
    Refrigerator, Free-Standing Electric Range
    Standard status
    Active
    APN
    43380110615
    Size
    2,516 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3286

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Steam, Oil
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Flooring type
    Concrete, Vinyl, Wood, Carpet
    Building materials
    Frame, Stone, Vinyl Siding, Wood Siding
    Roof type
    Metal

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    Pearl Torres
    Pearl Torres

    Listing agent Pearl Torres License #30BO0794669

    Listing office Keller Williams Realty HV Nort 15 Taylor Street, Kingston, NY

    Listing date Aug 28, 2025

    MLS# 20254002

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,516 SF mixed‑use building in Middleburgh, NY with 3 revenue‑generating units and long‑term tenants in place
    • 1,258 SF 2‑bedroom apartment included in the 3‑unit setup (tenant occupied, would like to stay)
    • Two storefronts included: Value Village Wine & Liquor and a pet groomer, both with long‑term tenants (would like to stay)
    • Value Village Wine & Liquor included in sale: operating for 36+ years; business grosses 525K+ annually with 100K inventory
    • Inventory and business equipment included: POS system, mini split A/C, security cameras, and signage/business name
    • Combined NOI 69,751 and listed 15.53 cap rate; public water and public sewer; built in 1920 with metal roof

    Overview

    This mixed-use building totals 2,516 square feet and is configured with three revenue-generating units. The property includes a spacious 2-bedroom apartment of 1,258 square feet, currently occupied by a long-term tenant who would like to stay. There are also two storefront spaces. Value Village Wine & Liquor is included as part of the sale and operates with long-term continuity, and a separate pet groomer storefront is also occupied by a long-term tenant who would like to stay.

    The wine & liquor business is described as a long-established, community-present operation with signage and the business name included in the sale. Included items for a turnkey transition include a POS system, mini split heating and air conditioning, security cameras, and other business components noted in the listing, along with $100,000 in inventory and distributor-related items. The property is zoned Commercial and is located at 107 Railroad Avenue in Middleburgh, New York (Schoharie County).

    For buyers seeking an owner-occupied setup or an addition to a rental portfolio, the building’s current occupancy includes an apartment plus two retail uses. The listing reports combined NOI of $69,751 and a 15.53 cap rate for the overall property, with 24-hour notice required for showings.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.8k $18.60
    − Vacancy −$3.4k −$1.34
    EGI $43.4k $17.26
    − OpEx −$13.0k −$5.18
    NOI $30.4k $12.08
    2,516 SF · lease $18.60/SF/yr · vacancy 7.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $434.3K
    $380.0K – $506.7K (±1% cap)
    NOI $30,400 @ 7.0% cap · market cap 7.26%
    Second Best
    Apartment 5plus
    $367.1K
    $321.3K – $428.3K (±1% cap)
    NOI $25,700 @ 7.0% cap · market cap 6.13%
    Theoretical Best
    Office A
    $663.8K
    $580.8K – $774.4K (±1% cap)
    NOI $46,465 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middleburgh
    County
    Schoharie
    State
    New York
    Longitude
    -74.334143
    Latitude
    42.598524

    FAQs

    What type of property is this?
    Residential income property - Fully leased mixed-use property with apartment and two storefronts, including a long-tenanted wine & liquor store.
    Where is this residential income property located?
    The property is located at 107 Railroad Avenue Middleburgh, NY.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: 2,516 SF mixed‑use building in Middleburgh, NY with 3 revenue‑generating units and long‑term tenants in place; 1,258 SF 2‑bedroom apartment included in the 3‑unit setup (tenant occupied, would like to stay); Two storefronts included: Value Village Wine & Liquor and a pet groomer, both with long‑term tenants (would like to stay)
    More about this property
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