Historic Mixed-Use Retail & Restaurant
215 Route 17, Tuxedo Park, NY 10987
Built circa 1900 with multiple retail spaces, apartments, and a rear terrace, offering flexible hospitality and mixed-use options.
Property size:
20,000 SFPrice / SF:
$145/SF- Added:
- Jun 19, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 6 at 1:59 am
Property Features for 215 Route 17
General Information
- Standard status
- Active
- Size
- 20,000 SF
Listing office Tuxedo Hudson Realty Corp (646) 257-0099
Listing date Jun 19, 2026
Source Exprealty
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 Tuxedo Hudson Realty Corp
HighLights
- Historic Tuxedo Stores Co. building built circa 1900 with 20,000 SF across main level, apartments, and a full lower level
- Main level originally designed with four storefronts; apartments above, plus a naturally lit lower level with generous open space
- Opened up into multiple vast interior spaces with a sunny rear terrace spanning the full length of the rear facade
- Includes 28 dedicated parking spaces, with convenient access to additional municipal and street parking
- Across the street from a historic footbridge connecting to the Harriman State Park trail network
- Flexible layout suited for owner‑user, hospitality, mixed‑use development, or investment
Overview
The Historic Tuxedo Stores Co. Building, constructed circa 1900, is a substantial mixed-use property designed as the commercial core of the historic Tuxedo Park community. The main level originally features four storefronts, with apartments above, and a full lower level that is described as bright, with natural light and generous open space. For its next chapter, the building has been opened up into several vast spaces, while retaining grand interior character including high ceilings and expansive open areas. A sunny terrace runs the full length of the rear facade, adding an outdoor extension that can support dining or gathering uses.
The building is positioned across the street from a historic footbridge that crosses the river and connects to the trail network of Harriman State Park. The offering includes 28 dedicated parking spaces, along with convenient access to municipal and street parking. The public remarks also note the potential for valet parking during evenings and weekends using the nearby Town Hall lot.
For buyers, this layout supports a range of practical concepts, from an owner-user hospitality direction to a mixed-use development plan that combines street-level activity with upper-level residential uses. The interior volume and flexible configuration also lend themselves to an adaptive approach for dining, shopping, and community-oriented uses within a landmark-style shell.
The building is positioned across the street from a historic footbridge that crosses the river and connects to the trail network of Harriman State Park. The offering includes 28 dedicated parking spaces, along with convenient access to municipal and street parking. The public remarks also note the potential for valet parking during evenings and weekends using the nearby Town Hall lot.
For buyers, this layout supports a range of practical concepts, from an owner-user hospitality direction to a mixed-use development plan that combines street-level activity with upper-level residential uses. The interior volume and flexible configuration also lend themselves to an adaptive approach for dining, shopping, and community-oriented uses within a landmark-style shell.
Local 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 | $360.0k | $18.00 |
| − Vacancy | −$12.2k | −$0.61 |
| EGI | $347.8k | $17.39 |
| − OpEx | −$104.3k | −$5.22 |
| NOI | $243.4k | $12.17 |
20,000 SF · lease $18.00/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.48M
$3.04M – $4.06M
NOI $243,432 @ 7.0% cap · market cap 8.39%
Second Best
Mixed Use
$2.49M
$2.18M – $2.90M
NOI $174,150 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$6.77M
$5.93M – $7.90M
NOI $474,163 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Tuxedo Park
- County
- Orange
- State
- New York
- Longitude
- -74.184765
- Latitude
- 41.19329
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Built circa 1900 with multiple retail spaces, apartments, and a rear terrace, offering flexible hospitality and mixed-use options.
Where is this storefront property located?
The property is located at 215 Route 17 Tuxedo Park, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Historic Tuxedo Stores Co. building built circa 1900 with 20,000 SF across main level, apartments, and a full lower level; Main level originally designed with four storefronts; apartments above, plus a naturally lit lower level with generous open space; Opened up into multiple vast interior spaces with a sunny rear terrace spanning the full length of the rear facade
