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Jeffersonville Commercial Building with Apartment
For Sale
$649,000

5013 State Route 52, Jeffersonville, NY 12748

Commercial building with three units plus residential apartment for sale.

Property Size6,896 SF
Lot Size0.43 Acres
Days on Market265

Property Features for 5013 State Route 52

General Information

Standard status Active
Size 6,896 SF
Lot size 0.43 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,258

Building Details

Building Size 6,896 SF
Year Built 1945
Units 3
Listing Agency:
Listed By: Susan P. Busing
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 20 at 8:58AM

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 Susan P. Busing

Investment Insights

Based on property information with market context.

This commercial building, approximately 6,896 square feet, features level and paved loading access to State Highway Route 52. Located in Jeffersonville, NY, the building contains three commercial units and one residential apartment. Unit 1 is currently operating as an auto body repair and painting shop. Unit 2 is occupied by an insurance office. Unit 3 is a vacant storefront. The second floor houses a residential apartment with three bedrooms and one bath, including a sunporch. The building has been updated with a newer roof, exterior painting, and heating units. Situated on New York State Route 52, the property offers high visibility and is located approximately one quarter mile from the Village of Jeffersonville. The property has level paved access for unloading large trucks and ample parking. The auto body repair shop has been in this location for decades and is available for additional sale. The property is located in the Western Sullivan Catskills, approximately 2 hours from New York City.

Key Highlights

  • Large 6,896 Sq.Ft commercial building with 3 commercial units plus 1 residential apartment.
  • Direct, level, paved loading access to State Highway Route 52.
  • High visibility location on NY State Route 52, near the Village of Jeffersonville.

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,767
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.90%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,155,340 $1.2M
Cap Rate 7%
$825,243 $825.2K
Cap Rate 9%
$641,856 $641.9K
Market Conditions
NOI Build-Up for 6,896 SF 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.
Gross rent
$88.5K $12.84/SF
− Vacancy
−$6.0K −$0.87/SF
EGI
$82.5K $11.97/SF
− OpEx
−$24.8K −$3.59/SF
NOI
$57.8K $8.38/SF
Area
Sullivan County, NY
Vacancy
6.80%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,155,340
Cap Rate 7%
$825,243
Cap Rate 9%
$641,856

Alternative Uses

Best Use
Office B
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,820 @ 7.0% cap · market cap 14.92%
Second Best
Retail
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,240 @ 7.0% cap · market cap 12.83%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M (±1% cap)
NOI $132,403 @ 7.0% cap · market cap 20.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12748, NY

1,890
Population
1,022
Households
1.8
Avg Household Size
50
Median Age
36%
College-Educated
93%
High-School Grad
23.6 sq mi
ZIP Area
80
Density / Sq Mi
$75,500
Median Household Income
$47,500
Median Earnings
$967
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Siggy's Autobody 5013 NY-52, Jeffersonville, NY 12748

Frequently Asked Questions

What type of property is this?
Auto shop - Commercial building with three units plus residential apartment for sale.
Where is this auto shop located?
The property is located at 5013 State Route 52 Jeffersonville, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Large 6,896 Sq.Ft commercial building with 3 commercial units plus 1 residential apartment.; Direct, level, paved loading access to State Highway Route 52.; High visibility location on NY State Route 52, near the Village of Jeffersonville.
More about this property
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