Highland Commercial Building For
17 Milton Ave, Highland, NY 12528
For Sale
Contact for pricing
Commercial building in Highland, NY, currently set up for brewery.
Property Size7,362 SF
Price / SF$94.40
Days on Market271
Property Features for 17 Milton Ave
General Information
Standard status
Size
Property subtype
Occupancy
Building Details
Tenancy
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas Cervone · License NY 49CE0922865
(845) 485-3100
Source:
Crexi
Added: Feb 17
Changed: Oct 31
Last Checked: Nov 12 at 6:41AM
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 CR Properties Group LLC
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Investment Insights
Based on property information with market context.
A commercial building is available for sale at 17 Milton Avenue, Highland, NY 12528. The building is currently set up for a brewery, featuring a loading dock and storage space. Highland, NY, situated in Ulster County, provides scenic views of the Hudson River and opportunities for outdoor activities such as the Walkway Over the Hudson and the Rail Trail. The area offers a small-town atmosphere with local shops and convenient access to nearby towns like Poughkeepsie and New Paltz. Known for its history and natural beauty, Highland combines rural charm with convenience. The property has a size of 7,362 square feet.
Key Highlights
- Commercial building suited for a brewery with loading dock and storage.
- Located in Highland, NY, offering scenic Hudson River views and outdoor activities.
- Access to Walkway Over the Hudson and Rail Trail.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,227
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,540
$864.5K
Cap Rate 7%
$617,529
$617.5K
Cap Rate 9%
$480,300
$480.3K
Market Conditions
NOI Build-Up for 7,362 SF
Gross rent
$66.3K $9.00/SF
− Vacancy
−$4.5K −$0.61/SF
EGI
$61.8K $8.39/SF
− OpEx
−$18.5K −$2.52/SF
NOI
$43.2K $5.87/SF
Area
Ulster County, NY
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,540
Cap Rate 7%
$617,529
Cap Rate 9%
$480,300
Alternative Uses
Best Use
Industrial
$617.5K
$540.3K – $720.5K
NOI $43,227 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M
NOI $215,948 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
326
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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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Commercial building in Highland, NY, currently set up for brewery.
Where is this brewery located?
The property is located at 17 Milton Ave Highland, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Commercial building suited for a brewery with loading dock and storage.; Located in Highland, NY, offering scenic Hudson River views and outdoor activities.; Access to Walkway Over the Hudson and Rail Trail.
