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    5147 State Route 213 Olivebridge, NY 12461

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    For Sale
    $485,000

    Mixed-use property with commercial space and renovated apartment.

    Lot size:
    0.79 Acres

    Property Features for 5147 State Route 213

    General Information

    Lot size
    0.79 Acres

    Building Details

    Year built
    1920

    Source: Berardi Realty Agent Louis Naccarato

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Postal Lease

    This mixed-use property is located in Olivebridge, New York, and is suitable for either owner-occupancy or use as an income property. The first floor features 1,850 square feet of commercial space currently leased to the US Postal Service. Additional features include a loading dock, ample parking, and a 75 square foot indoor utility room. The top floor contains a renovated 1,150 square foot, 3-bedroom apartment with a 275 square foot deck. The apartment also includes access to the backyard and over 500 square feet of easily accessible storage space in the walk-up attic. A large, two-car detached garage with overhead doors is located outside, along with a large yard. The property is less than 20 minutes west of Kingston and the New York State Thruway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Daycare Center Veterinary Clinic Bed & Breakfast Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Olivebridge
    County
    Ulster
    State
    New York
    Longitude
    -74.215855
    Latitude
    41.9279234

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and renovated apartment.
    Where is this mixed-use property located?
    The property is located at 5147 State Route 213 Olivebridge, NY.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - 1,850 sq ft commercial space leased to the US Postal Service providing immediate income.; - Renovated 1,150 sq ft, 3-bedroom apartment with a **275 sq ft deck**.; - Mixed-use property suitable for owner-occupation or strictly as an income property.
    (845) 633-0733
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    5147 State Route 213 Olivebridge, NY 12461
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    Olivebridge, NY 12461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5147 State Route 213 Olivebridge, NY 12461
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