Mixed-Use Building with
For Sale
$899,999
12 Scotchtown Avenue, Goshen, NY 10924
A ground-floor commercial unit and two apartments combine commercial and residential space in one renovated property.
Property Size4,675 SF
Price / SF$192.51
Days on Market68
Property Features for 12 Scotchtown Avenue
General Information
Standard status
Active
Size
4,675 SF
Property subtype
Commercial
Zoning
4023
Financials
Asking Price
$899,999
Cap Rate
8.6%
Additional Details
Mixed-Use Components
retail, residential
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$18,228
Building Details
Building Size
4,675 SF
Buildings
1
Stories
3
Units
3
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Aoife T Freeman
(917) 656-0040
Source:
Clairedleone
Added: Aug 19
Changed: Oct 25
Last Checked: Oct 23 at 3:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
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Investment Insights
Based on property information with market context.
At 12 Scotchtown Avenue in Goshen, this 4,675-square-foot mixed-use property includes a 2,020-square-foot commercial unit at ground level and two apartments above. The building has been renovated, with one apartment specifically noted as recently updated. The commercial space is owner-occupied.
The property is in Goshen, New York, near shopping, schools, restaurants, and government buildings. Zoning is listed as 4023.
The property is in Goshen, New York, near shopping, schools, restaurants, and government buildings. Zoning is listed as 4023.
Key Highlights
- 4,675‑square‑foot mixed‑use property
- Ground‑floor commercial space measures 2,020 square feet
- Two residential apartments occupy the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,902
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,040
$1.1M
Cap Rate 7%
$812,886
$812.9K
Cap Rate 9%
$632,244
$632.2K
Market Conditions
NOI Build-Up for 4,675 SF
Gross rent
$84.2K $18.00/SF
− Vacancy
−$2.9K −$0.61/SF
EGI
$81.3K $17.39/SF
− OpEx
−$24.4K −$5.22/SF
NOI
$56.9K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,040
Cap Rate 7%
$812,886
Cap Rate 9%
$632,244
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,448 @ 7.0% cap · market cap 9.72%
Second Best
Retail
$812.9K
$711.3K – $948.4K
NOI $56,902 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,836 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Explore this area
Business Placement
Demographics for 10924, NY
14,006
Population
5,178
Households
2.7
Avg Household Size
44
Median Age
42%
College-Educated
90%
High-School Grad
40.1 sq mi
ZIP Area
349
Density / Sq Mi
$114,567
Median Household Income
$64,567
Median Earnings
$1,668
Median Rent
$433,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor commercial unit and two apartments combine commercial and residential space in one renovated property.
Where is this mixed-use property located?
The property is located at 12 Scotchtown Avenue Goshen, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 4,675‑square‑foot mixed‑use property; Ground‑floor commercial space measures 2,020 square feet; Two residential apartments occupy the upper level
