Brick Retail Building with Long
1557 Main St Pleasant Valley, NY 12569
For Sale
$550,000
Brick retail building features 241 ft of frontage on Main St and includes newer roof, hot water boiler, and pellet stove.
Property Size2,525 SF
Price / SF$217.82
Days on Market1724
Property Features for 1557 Main St
General Information
- Standard status
- Active
- Size
- 2,525 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
HOULIHAN LAWRENCE INC. LG
(845) 464-5854
Listed By:
NORM MACKAY
(845) 464-5854
Source:
Xome
Added: Nov 4, 2021
Changed: Jul 23
Last Checked: Jul 23 at 9:47AM
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 HOULIHAN LAWRENCE INC. LG
Investment Insights
Based on property information with market context.
Brick retail building offering approximately 2,525 sq. ft. with a storefront configuration and substantial on-site storage, including an attic and basement. The property is described as being in beautiful condition, with a newer roof. Heating includes a 3-zone oil hot water boiler in the basement, and a pellet stove on the main floor.
Located in a village center on Main St with 241 ft of frontage, the site is positioned next to the West Rd intersection on Route 44, which is noted in the remarks as supporting very high traffic.
Additional features include a hot water boiler system in the basement and ongoing storage capacity throughout the building’s attic and basement spaces.
Located in a village center on Main St with 241 ft of frontage, the site is positioned next to the West Rd intersection on Route 44, which is noted in the remarks as supporting very high traffic.
Additional features include a hot water boiler system in the basement and ongoing storage capacity throughout the building’s attic and basement spaces.
Key Highlights
- Brick retail building with 2,525 sq ft in the Pleasant Valley village center
- 241 ft frontage on Main St (Rt 44) next to the West Rd intersection
- Newer asphalt shingle roof
Financial Insights For 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 | $48.2k | $19.08 |
| − Vacancy | −$2.0k | −$0.80 |
| EGI | $46.2k | $18.28 |
| − OpEx | −$13.8k | −$5.48 |
| NOI | $32.3k | $12.80 |
2,525 SF · lease $19.08/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$461.5K
$403.8K – $538.5K
NOI $32,307 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$760.1K
$665.1K – $886.8K
NOI $53,205 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
pv Bicycle Shop
(Bike/Boat/Book/etc) Store
Outdoor Cover Warehouse
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Peony Design Studio — 1583 Main St, Pleasant Valley, NY 12569
FAQs
What type of property is this?
Storefront property - Brick retail building features 241 ft of frontage on Main St and includes newer roof, hot water boiler, and pellet stove.
Where is this storefront property located?
The property is located at 1557 Main St Pleasant Valley, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Brick retail building with 2,525 sq ft in the Pleasant Valley village center; 241 ft frontage on Main St (Rt 44) next to the West Rd intersection; Newer asphalt shingle roof
