Kinderhook Retail and Garage
For Sale
Contact for pricing
1033 Kinderhook St, Valatie, NY 12184
Retail and garage space with expansion opportunity in Kinderhook.
Property Size1,998 SF
Price / SF$435.44
Days on Market987
Property Features for 1033 Kinderhook St
General Information
Standard status
Active
Size
1,998 SF
Class
C
Total Parking Spaces
20
Property subtype
Retail
Zoning
Commercial w/ Variance
Building Details
Stories
1
Listing Agency:
Berkshire Hathaway HomeServices Blake, REALTORS Albany
Listed By:
Karen Zalewski-Wildzunas · License #NY 10401299136
(518) 858-4719
Source:
Crexi
Added: Jan 22, 2024
Changed: Oct 5
Last Checked: Oct 4 at 10:03AM
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 Berkshire Hathaway HomeServices Blake, REALTORS Albany
Investment Insights
Based on property information with market context.
This property presents an opportunity to own a business with both retail and garage space located in the Hamlet of Kinderhook. The property includes a building, equipment, and contracts. The site offers the potential for expansion due to its large lot size. The building has a size of 1998 square feet.
Key Highlights
- Opportunity to own a business with retail and garage space.
- Includes building, equipment, and contracts.
- Opportunity to expand on a large lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,519
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,380
$550.4K
Cap Rate 7%
$393,129
$393.1K
Cap Rate 9%
$305,767
$305.8K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$43.9K $21.96/SF
− Vacancy
−$4.6K −$2.28/SF
EGI
$39.3K $19.68/SF
− OpEx
−$11.8K −$5.90/SF
NOI
$27.5K $13.77/SF
Area
Columbia County, NY
Vacancy
10.40%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,380
Cap Rate 7%
$393,129
Cap Rate 9%
$305,767
Alternative Uses
Best Use
Industrial
$393.1K
$344.0K – $458.7K
NOI $27,519 @ 7.0% cap · market cap 3.16%
Second Best
Retail
$300.4K
$262.9K – $350.5K
NOI $21,029 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$494.3K
$432.5K – $576.7K
NOI $34,602 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Home Improvements & Furnishings 12%
Dining 7%
Ocean State Job Lot
Shops & Services
15,095 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
8,408 visits/mo
0.2 miles
Marios True Value Hardware
Home Improvements & Furnishings
3,596 visits/mo
0.1 miles
SUBWAY
Dining
2,082 visits/mo
0.2 miles
Demographics for 12184, NY
7,178
Population
3,415
Households
2.1
Avg Household Size
48
Median Age
38%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
182
Density / Sq Mi
$91,616
Median Household Income
$52,946
Median Earnings
$1,131
Median Rent
$311,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Retail and garage space with expansion opportunity in Kinderhook.
Where is this auto shop located?
The property is located at 1033 Kinderhook St Valatie, NY.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Opportunity to own a business with retail and garage space.; Includes building, equipment, and contracts.; Opportunity to expand on a large lot.
