Mixed-Use Property with Four-Bay
New
For Sale
$1,495,000
152 Bedell Avenue, Highland, NY 12528
Commercial Sale, Highland, NY
Property Size15,299 SF
Lot Size3.90 Acres
Price / SF$97.72
Days on Market2
Property Features for 152 Bedell Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RR1.5
Parking features
Driveway, Parking Lot
Lot features
Back Yard, Front Yard, Part Wooded, Paved
Elementary school
Highland Elementary School
Middle school
Highland Middle School
High school
Highland Park Community School
Elementary school district
Highland
Middle school district
Highland
High school district
Highland
Standard status
Active
APN
4200-095.003-0003-013.001-0000
Lot size
3.90 Acres
Additional Details
Property Use
Fitness and Wellness / Workshop and Storage
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16264
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Ductless
Water source
Private
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Syndi R. Acampora
(845) 377-9588
Added: Nov 4
Last Checked: Nov 5 at 7:06AM
MLS# 1067914
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 152 Bedell Avenue in Highland, this mixed-use property contains approximately 15,299 square feet across a fitness and wellness facility and workshop and storage areas. The fitness space measures 8,638 square feet and includes a reception area, workout floor with high ceilings, indoor recreation court, offices, separate locker rooms with showers, and an upstairs yoga studio with exposed beams. The 6,661-square-foot workshop and storage area includes a four-bay garage.
The property occupies approximately 3.9 acres and is zoned RR1.5. Building features include spray foam insulation, three-phase electric, heating and cooling systems, commercial flooring, private water, and septic service. The layout may accommodate fitness, wellness, recreation, studio, office, workshop, or storage uses, subject to zoning and municipal approvals.
The property occupies approximately 3.9 acres and is zoned RR1.5. Building features include spray foam insulation, three-phase electric, heating and cooling systems, commercial flooring, private water, and septic service. The layout may accommodate fitness, wellness, recreation, studio, office, workshop, or storage uses, subject to zoning and municipal approvals.
Key Highlights
- Approximately 15,299 SF of combined fitness, workshop, and storage space
- 8,638 SF fitness and wellness facility with an indoor recreation court
- 6,661 SF of workshop and storage space with a four‑bay garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,693
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,473,860
$2.5M
Cap Rate 7%
$1,767,043
$1.8M
Cap Rate 9%
$1,374,367
$1.4M
Market Conditions
NOI Build-Up for 15,299 SF
Gross rent
$152.4K $9.96/SF
− Vacancy
−$6.9K −$0.45/SF
EGI
$145.5K $9.51/SF
− OpEx
−$21.8K −$1.43/SF
NOI
$123.7K $8.09/SF
Area
Ulster County, NY
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,473,860
Cap Rate 7%
$1,767,043
Cap Rate 9%
$1,374,367
Alternative Uses
Best Use
Mixed Use
$2.31M
$2.02M – $2.70M
NOI $161,787 @ 7.0% cap · market cap 10.82%
Second Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,693 @ 7.0% cap · market cap 8.27%
Theoretical Best
Multifamily LT 5
$143.07M
$125.19M – $166.92M
NOI $10,015,084 @ 7.0% cap · market cap 669.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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Business Placement
Demographics for 12528, NY
14,089
Population
6,332
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
94%
High-School Grad
44.9 sq mi
ZIP Area
314
Density / Sq Mi
$89,096
Median Household Income
$57,626
Median Earnings
$1,642
Median Rent
$337,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fitness and wellness space is paired with workshop and storage areas for a range of business functions.
Where is this mixed-use property located?
The property is located at 152 Bedell Avenue Highland, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 15,299 SF of combined fitness, workshop, and storage space; 8,638 SF fitness and wellness facility with an indoor recreation court; 6,661 SF of workshop and storage space with a four‑bay garage
