Prime Market and Deli
4 Oscawana Lake Road Putnam Valley, NY 10579
4 Oscawana Lake Road, Putnam Valley, NY, 10579
$995,000
For Sale
$995,000
4,600 SF market and deli in Putnam Valley center.
Property Size4,600 SF
Price / SF$216.30
Days on Market150
Property Features for 4 Oscawana Lake Road
General Information
- Standard status
- Active
- Size
- 4,600 SF
- Property subtype
- Commercial
Listing Agency
MCGRATH PREMIER REAL ESTATE
(914) 666-7792
Listed by
CLAYTON C. LIVINGSTON · License #30LI0772064
Source
Corcoran
Added: Feb 21 Updated: Jul 6 at 10:00 am Checked: Jul 20 at 3:39 am
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 MCGRATH PREMIER REAL ESTATE
Investment Insights
Based on property information with market context.
This 4,600 square foot market and deli is located in the center of Putnam Valley, New York. The property is situated at the town’s key crossroads, offering high visibility and constant traffic. The property is a turnkey location with a fully equipped market and deli setup, a spacious interior layout, and outdoor seating. This property presents an investment opportunity to own or operate a market and deli.
Key Highlights
- Prime location at the key crossroads in Putnam Valley, offering high visibility and constant traffic.
- Turnkey market and deli setup, fully equipped for immediate operation.
- Spacious 4,600 square foot interior layout.
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 | $110.4k | $24.00 |
| − Vacancy | −$3.9k | −$0.84 |
| EGI | $106.5k | $23.16 |
| − OpEx | −$32.0k | −$6.95 |
| NOI | $74.6k | $16.21 |
4,600 SF · lease $24.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$3.04M
$2.66M – $3.55M
NOI $212,900 @ 7.0% cap · market cap 21.40%
Second Best
Retail
$1.07M
$932.2K – $1.24M
NOI $74,575 @ 7.0% cap · market cap 7.49%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ragam
Specialty Food Shop
Putnam Valley Lizzies
Specialty Food Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Ragam — 4 Oscawana Lake Rd, Putnam Valley, NY 10579
- Putnam Valley Lizzies — 4 Oscawana Lake Rd, Putnam Valley, NY 10579
FAQs
What type of property is this?
Grocery and convenience store - 4,600 SF market and deli in Putnam Valley center.
Where is this grocery and convenience store located?
The property is located at 4 Oscawana Lake Road Putnam Valley, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location at the key crossroads in Putnam Valley, offering high visibility and constant traffic.; Turnkey market and deli setup, fully equipped for immediate operation.; Spacious 4,600 square foot interior layout.
