Renovated Retail/Commercial Building on
4 Bona Ventura Ave Wallkill, NY 12589
4 Bona Ventura Ave, Wallkill, NY, 12589
$1,299,000
For Sale
$1,299,000
Newly renovated 6,000+ SF building on high-traffic corner.
Property Size6,000 SF
Lot Size1.00 Acre
Price / SF$216.50
Days on Market89
Property Features for 4 Bona Ventura Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing Agency
KRUMPFER REALTY GROUP, LLC
(845) 558-0075
Listed by
Joseph Krumpfer
(845) 558-0075
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:29 pm Checked: Jul 20 at 7:36 am
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 KRUMPFER REALTY GROUP, LLC
Investment Insights
Based on property information with market context.
This newly renovated retail/commercial building offers over 6,000 square feet of space on a 1.0-acre parcel. Situated on a prime, high-traffic corner at Route 208 and Bona Ventura Avenue, the property benefits from exceptional visibility and accessibility. The fully renovated building is suitable for cafes, breweries, pub-style restaurants, social clubs, and destination retail concepts. The open layout features high exposed wood beam ceilings and full roll-up glass bay doors that open directly to the patio, creating seamless indoor/outdoor flow. Renovations totaling $850,000 have been completed, including a new roof and siding, updated plumbing and electrical systems, new HVAC systems, new floors and walls, and renovated upstairs office space. On-site parking is available, along with adjacent public parking. The location has a bike score of 55, indicating it is bikeable, and a walk score of 52, indicating it is somewhat walkable.
Key Highlights
- Prime high‑traffic corner location at Route 208 & Bona Ventura Avenue with exceptional visibility and accessibility.
- Fully renovated 6,000+ SF building with $850,000 in recent renovations, including new roof, siding, plumbing, electrical, HVAC, floors, and walls.
- Open layout with high exposed wood beam ceilings and full roll‑up glass bay doors opening to a patio, creating seamless indoor/outdoor flow.
Local Financial Insights For Specialty 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 | $108.0k | $18.00 |
| − Vacancy | −$4.5k | −$0.76 |
| EGI | $103.5k | $17.24 |
| − OpEx | −$25.9k | −$4.31 |
| NOI | $77.6k | $12.93 |
6,000 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$970.0K – $1.29M
NOI $77,598 @ 7.0% cap · market cap 5.97%
Second Best
Retail
$1.02M
$893.0K – $1.19M
NOI $71,442 @ 7.0% cap · market cap 5.50%
Theoretical Best
Multifamily LT 5
$56.11M
$49.10M – $65.46M
NOI $3,927,741 @ 7.0% cap · market cap 302.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Beck's Wallkill
Building Supply
UPS Authorized Shipping ...
Courier Service
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FAQs
What type of property is this?
Retail space - Newly renovated 6,000+ SF building on high-traffic corner.
Where is this retail space located?
The property is located at 4 Bona Ventura Ave Wallkill, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Prime high‑traffic corner location at Route 208 & Bona Ventura Avenue with exceptional visibility and accessibility.; Fully renovated 6,000+ SF building with $850,000 in recent renovations, including new roof, siding, plumbing, electrical, HVAC, floors, and walls.; Open layout with **high exposed wood beam ceilings and full roll‑up glass bay doors** opening to a patio, creating seamless indoor/outdoor flow.
