Manufacturing Workshop with Three-Phase
For Sale
$329,900
153 Shore Road, Swan Lake, NY 12783
Woodworking equipment and molding inventory accompany the workshop, with well and septic service in place.
Property Size1,200 SF
Lot Size27.00 Acres
Price / SF$274.92
Days on Market244
Property Features for 153 Shore Road
General Information
Standard status
Active
Size
1,200 SF
Lot size
27.00 Acres
Property subtype
Land
Zoning
AC
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Three-Phase Power
Yes
Taxes and HOA fees
Annual Taxes
$3,516
Amenities
Septic Tank, Electricity Connected, Other
Other
Privacy
Municipal
Public Maintained Road
No
Cleared, Irregular Lot, Level, Private, See Remarks, Sloped, Upland, Wooded
Building Details
Year Built
1970
Buildings
1
Building Size
1,200 SF
Listing Agency:
Malek Properties, Inc.
Listed By:
Carol Malek · License #31MA1121533
(845) 798-2300
Source:
Compass
Added: Feb 15
Changed: Oct 16
Last Checked: Oct 16 at 10:26AM
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 Malek Properties, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This manufacturing property includes a 1200+/- square foot workshop that has supported woodworking and picture frame production. The building is equipped with three-phase electric service and includes woodworking tools, picture frame manufacturing equipment, and an inventory of wood molding. Oil/kerosene forced-warm-air heat, a shallow well, and a small septic system are in use.
The property encompasses 27+ acres divided by Shore Road, with approximately 7+/- acres surrounding the workshop and approximately 20+/- acres across the road. The building parcel previously included a mobile home that has been removed. Any subdivision would be subject to town approval. The address is near the White Sulphur Springs business district, the Village of Liberty, Rt 17 access, Bethel Woods Center for the Arts, and area lakes.
The property encompasses 27+ acres divided by Shore Road, with approximately 7+/- acres surrounding the workshop and approximately 20+/- acres across the road. The building parcel previously included a mobile home that has been removed. Any subdivision would be subject to town approval. The address is near the White Sulphur Springs business district, the Village of Liberty, Rt 17 access, Bethel Woods Center for the Arts, and area lakes.
Key Highlights
- 27+ acres divided by Shore Road
- 1200+/- square foot workshop built in 1970
- Three‑phase electric service for manufacturing operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,206
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,120
$244.1K
Cap Rate 7%
$174,371
$174.4K
Cap Rate 9%
$135,622
$135.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$15.4K $12.84/SF
− Vacancy
−$1.0K −$0.87/SF
EGI
$14.4K $11.97/SF
− OpEx
−$2.2K −$1.80/SF
NOI
$12.2K $10.17/SF
Area
Sullivan County, NY
Vacancy
6.80%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,120
Cap Rate 7%
$174,371
Cap Rate 9%
$135,622
Alternative Uses
Best Use
Warehouse
$174.4K
$152.6K – $203.4K
NOI $12,206 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$143.6K
$125.7K – $167.5K
NOI $10,052 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$329.1K
$288.0K – $384.0K
NOI $23,040 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 12783, NY
1,388
Population
1,473
Households
0.9
Avg Household Size
50
Median Age
24%
College-Educated
88%
High-School Grad
31.7 sq mi
ZIP Area
44
Density / Sq Mi
$60,781
Median Household Income
$46,989
Median Earnings
$1,354
Median Rent
$209,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Woodworking equipment and molding inventory accompany the workshop, with well and septic service in place.
Where is this manufacturing property located?
The property is located at 153 Shore Road Swan Lake, NY.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 27+ acres divided by Shore Road; 1200+/- square foot workshop built in 1970; Three‑phase electric service for manufacturing operations
