Retail Space with Commercial
New
For Sale
$799,000
3 Main Street, Wassaic, NY 12592
SINGLE_FAMILY - Wassaic, NY
Property Size10,640 SF
Lot Size0.57 Acres
Price / SF$75.09
Days on Market1
Property Features for 3 Main Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
HM
Parking features
On Street
Appliances
Tankless Water Heater, Water Purifier Owned, Water Softener Owned
Lot features
Historic District, Landscaped, Level
View
Water
Elementary school
Webutuck Elementary School
Middle school
Webutuck
High school
Webutuck High School
Elementary school district
Webutuck (Northeast Central)
Middle school district
Webutuck (Northeast Central)
High school district
Webutuck (Northeast Central)
Directions
Route 22 to Nelson Hill. Take a right and go over train tracks. Right onto Main Street. The big green barn is on the right.
Standard status
Active
APN
132000-7165-01-087807-0000
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8316
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Radiant
Water source
Well
Water front features
Stream
Water front
1
Amenities
outdoor seating
bicycle racks
walk-in cooler
Building Details
Year built
1920
Floors in Building
2
Number of units
1
Flooring type
Wood, Concrete
Building materials
Wood Siding
Listing Agency:
McGrath Realty Inc
(845) 855-5550
Listed By:
Brian McGrath · License #REB.0791807
(845) 721-0940
Added: Aug 1
Last Checked: Aug 1 at 11:06PM
MLS# 1031541
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.
Investment Insights
Based on property information with market context.
A revitalized 1920s two-story wood barn in Wassaic Hamlet offers flexible retail and workspace options under HM zoning. The building totals 10,640 SF, with the first floor (5,320 SF) divided into three spaces including a 1,200 SF area that contains an 800 SF market space and a 400 SF commercial kitchen, currently leased to Vitksy Bakery. The remaining first-floor 3,600 SF operates as the Wassaic Farmer’s Market, with the seasonal market open from May through the end of October, Friday through Sunday.
The center section of the first floor includes a 520 SF office, two bathrooms, and mechanical systems. The second floor also totals 5,320 SF, featuring 3,600 SF of raw space plus an additional 1,720 SF used for mechanical systems and storage. The loft is described as having 20-foot ceilings with lighting inspired by Polaris and Ursa Minor, and the charred timbers are noted as shou sugi ban.
On-site utilities include propane heat, a well water source, and a septic tank. Outdoors, the property includes outdoor seating and bicycle racks, and a concrete sidewalk connects the barn to a 748 SF storage shed with a 12 x 6 commercial-grade walk-in cooler. The barn sits near the Wassaic Art Project, Lantern Inn, Ten Mile Table, Calsi’s General Store, and the local post office, and is steps from the start of the Harlem Valley Rail Trail.
The center section of the first floor includes a 520 SF office, two bathrooms, and mechanical systems. The second floor also totals 5,320 SF, featuring 3,600 SF of raw space plus an additional 1,720 SF used for mechanical systems and storage. The loft is described as having 20-foot ceilings with lighting inspired by Polaris and Ursa Minor, and the charred timbers are noted as shou sugi ban.
On-site utilities include propane heat, a well water source, and a septic tank. Outdoors, the property includes outdoor seating and bicycle racks, and a concrete sidewalk connects the barn to a 748 SF storage shed with a 12 x 6 commercial-grade walk-in cooler. The barn sits near the Wassaic Art Project, Lantern Inn, Ten Mile Table, Calsi’s General Store, and the local post office, and is steps from the start of the Harlem Valley Rail Trail.
Key Highlights
- 10,640 SF two‑story revitalized 1920s barn on Main Street, zoned HM
- First floor: 1,200 SF includes 800 SF market space and 400 SF commercial kitchen leased to Vitksy Bakery
- First floor: 3,600 SF retail space operating as Wassaic Farmer’s Market, open May–end of October Fridays–Sundays
Financial Insights For Industrial
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 | $100.9k | $9.48 |
| − Vacancy | −$6.9k | −$0.64 |
| EGI | $94.0k | $8.84 |
| − OpEx | −$28.2k | −$2.65 |
| NOI | $65.8k | $6.18 |
10,640 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.75M
$2.41M – $3.21M
NOI $192,650 @ 7.0% cap · market cap 24.11%
Second Best
Office B
$2.43M
$2.13M – $2.84M
NOI $170,300 @ 7.0% cap · market cap 21.31%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M
NOI $224,198 @ 7.0% cap · market cap 28.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 12592, NY
1,230
Population
508
Households
2.4
Avg Household Size
45
Median Age
28%
College-Educated
83%
High-School Grad
14.9 sq mi
ZIP Area
83
Density / Sq Mi
$72,188
Median Household Income
$46,658
Median Earnings
$854
Median Rent
$264,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story Main Street barn offering retail areas plus a leased 400 SF commercial kitchen, zoned HM.
Where is this retail space located?
The property is located at 3 Main Street Wassaic, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 10,640 SF two‑story revitalized 1920s barn on Main Street, zoned HM; First floor: 1,200 SF includes 800 SF market space and 400 SF commercial kitchen leased to Vitksy Bakery; First floor: 3,600 SF retail space operating as Wassaic Farmer’s Market, open May–end of October Fridays–Sundays