Mixed-Use Property with Car
New
For Sale
$425,000
47 Upper Main Street, Callicoon, NY 12723
Two apartments complement an operating-format car wash on a site served by the water and sewer district.
Property Size3,024 SF
Price / SF$140.54
Days on Market2
Property Features for 47 Upper Main Street
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Commercial
Zoning
06
Site & Location
Road Access
Yes
Utilities to Site
Yes
Automotive
Car Wash Bays
2
Automotive Uses
car wash
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$8,600
Building Details
Building Size
3,024 SF
Year Built
1988
Buildings
1
Units
3
Listing Agency:
More and More Real Estate
Listed By:
Marie Hoey
(845) 359-7676
Source:
Moreandmorerealestate
Added: Nov 1
Last Checked: Nov 1 at 3:21PM
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 More and More Real Estate
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Investment Insights
Based on property information with market context.
A 1988 mixed-use property combines a two-bay car wash with two separate apartments, each configured with two bedrooms and one bathroom. The property is located within the water and sewer district, and zoning is designated 06.
At 47 Upper Main Street in Callicoon, nearby businesses include the Callicoon Movie Theater, Western Hotel, Callicoon Pantry and Callicoon Brewery.
At 47 Upper Main Street in Callicoon, nearby businesses include the Callicoon Movie Theater, Western Hotel, Callicoon Pantry and Callicoon Brewery.
Key Highlights
- Two‑bay car wash
- Two apartments, each with 2 bedrooms and 1 bathroom
- Located in the water and sewer district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,109
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,180
$782.2K
Cap Rate 7%
$558,700
$558.7K
Cap Rate 9%
$434,544
$434.5K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$54.4K $18.00/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$52.1K $17.24/SF
− OpEx
−$13.0K −$4.31/SF
NOI
$39.1K $12.93/SF
Area
Sullivan County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,180
Cap Rate 7%
$558,700
Cap Rate 9%
$434,544
Alternative Uses
Best Use
Specialty Retail
$558.7K
$488.9K – $651.8K
NOI $39,109 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$521.5K
$456.3K – $608.4K
NOI $36,502 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$829.4K
$725.8K – $967.7K
NOI $58,061 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 12723, NY
1,687
Population
1,212
Households
1.4
Avg Household Size
47
Median Age
41%
College-Educated
96%
High-School Grad
33.5 sq mi
ZIP Area
50
Density / Sq Mi
$94,940
Median Household Income
$54,082
Median Earnings
$232,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments complement an operating-format car wash on a site served by the water and sewer district.
Where is this mixed-use property located?
The property is located at 47 Upper Main Street Callicoon, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑bay car wash; Two apartments, each with 2 bedrooms and 1 bathroom; Located in the water and sewer district
