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    Investment properties

    447 Main St, Catskill, NY 12414

    11,840 SF 0.14 ac lot Built 1930
    Individually Owned Free & Clear
    Property ID
    US63-5440695
    Property summary
    AI-generated overview

    This exceptional 11,840 square foot mixed-use property at 447 Main Street in Catskill, NY presents a unique investment opportunity. Situated on a 0.14-acre lot, this building offers unparalleled visibility and high traffic due to its prime location in the thriving village of Catskill. Its versatility allows for a wide range of uses, making it an ideal choice for a savvy investor. Imagine transforming this space into trendy lofts or stylish apartments, a boutique hotel, or a combination of ground-floor retail spaces, a restaurant, and/or a bar. The possibilities are truly limitless. The property's strategic location offers convenient access to the Catskill waterfront, just a block away. Furthermore, its proximity to popular destinations enhances its appeal. Within a 30-minute drive, you'll find the renowned Windham and Hunter Mountain ski resorts, the vibrant city of Albany, and the picturesque Berkshires. This prime location, combined with the substantial size and versatile nature of the building, makes this a truly exceptional investment opportunity in the heart of Catskill. The asking price is $625,000. Don't miss this chance to own a piece of Catskill's vibrant commercial landscape.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1930
    Total area 11,840 SF
    Lot 0.14 ac (6,098 SF)
    Zoning code 05 - COMMERCIAL
    APN 192601 156.70-2-19.2
    UPID US63-5440695
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Valley Pools & Construction General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $602k
    Blend (final) Blend
    $615k
    Owner & transaction history
    SCOTT CARIDI
    SCOTT CARIDI
    Zoning & alternative use
    05 - COMMERCIAL · Catskill, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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