Building Details

Building Size 15,060 SF

Year Built 1949

Listing Agency: Show Phone

Listed By: Matthew Dubinsky

Source: Hedgestonehomes

Added: Oct 21 Changed: Oct 31 Last Checked: Oct 31 at 4:07AM

Report an Issue

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 Matthew Dubinsky

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use property in Youngsville occupies approximately 10.76 acres and includes a 15,060-square-foot main building constructed in 1949. Seven residential units contain a total of 17 bedrooms and 7.5 bathrooms. The third and fourth floors remain unfinished, with plumbing and electrical infrastructure in place; a layout for approximately 24 guest rooms is possible, subject to final design and approvals. A separate manager/caretaker cottage is also on the property and does not pay rent.

Approximately three acres are level and usable. The grounds include a creek along the frontage, municipal water, and newer roofing on several structures. The property is about 10–15 minutes from Livingston Manor and within reach of Bethel Woods Center for the Arts. Zoning is SD.

Key Highlights

• 10.76‑acre property with approximately three acres of usable level land
• 15,060‑square‑foot main building, built in 1949
• Seven residential units totaling 17 bedrooms and 7.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$129,215

Cap Rate

8.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,584,300 $2.6M

Cap Rate 7%

$1,845,929 $1.8M

Cap Rate 9%

$1,435,722 $1.4M

Is this asking price fair?

Market Conditions

NOI Build-Up for 15,060 SF

Gross rent

$234.9K $15.60/SF

− Vacancy

−$28.2K −$1.87/SF

EGI

$206.7K $13.73/SF

− OpEx

−$77.5K −$5.15/SF

NOI

$129.2K $8.58/SF

Area

Sullivan County, NY

Vacancy

12.00%

Lease Rate

$15.60 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,584,300

Cap Rate 7%

$1,845,929

Cap Rate 9%

$1,435,722

Alternative Uses

Best Use

Mixed Use

$1.85M

$1.62M – $2.15M (±1% cap)

NOI $129,215 @ 7.0% cap · market cap 8.64%

Second Best

Apartment 5plus

$1.64M

$1.44M – $1.92M (±1% cap)

NOI $114,969 @ 7.0% cap · market cap 7.69%

Theoretical Best

Office A

$4.13M

$3.61M – $4.82M (±1% cap)

NOI $289,152 @ 7.0% cap · market cap 19.34%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Auto Repair Shop Garden Center Bakery Veterinary Clinic Daycare Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7

Residential units

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

36

Businesses Nearby

Explore this area Business Placement

Demographics for 12791, NY

547

Population

330

Households

1.7

Avg Household Size

52

Median Age

16%

College-Educated

99%

High-School Grad

3.6 sq mi

ZIP Area

152

Density / Sq Mi

$85,181

Median Household Income

$72,438

Median Earnings

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Residential units, unfinished upper floors, and acreage provide a varied existing property configuration.

Where is this mixed-use property located?

The property is located at 3930 State Route 52 Youngsville, NY.

What is the asking price?

The asking price for this property is $1,495,000.

What are key features of this property?

This property features: 10.76‑acre property with approximately three acres of usable level land; 15,060‑square‑foot main building, built in 1949; Seven residential units totaling 17 bedrooms and 7.5 bathrooms