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    974 Ny-17 Southfields, NY 10975

    Sponsored
    For Sale
    $2,050,000

    3.2-acre commercial lot, highway frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.2-acre commercial property, located at 974 NY-17 in Southfields, New York (zip code 10975), presents a unique redevelopment opportunity. Zoned SB-H, the land boasts nearly 500 feet of highway frontage, easily accommodating over 150 vehicles. The site's history as the iconic Red Apple Rest offers a rich legacy, with existing building remnants providing a foundation for creative repurposing. The steel frame structure allows for expansion possibilities, both vertically and horizontally. Its strategic location, just 6.6 miles south of Woodbury Commons Premium Outlets, ensures high visibility and accessibility for commuters and travelers. This prime location makes it ideal for a variety of commercial ventures, including a roadside cafe, bar, or restaurant. The property is privately owned and offered at an asking price of $2,050,000. This is a rare chance to acquire a significant piece of commercial real estate with immense potential in a high-traffic area of Orange County, New York.

    Property Features for 974 Ny-17

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • $2,050,000 asking price.
    • 3.2‑acre commercial land parcel.
    • Located at 974 NY‑17, Southfields, NY 10975.
    • SB‑H zoning.
    • Highway frontage ideal for restaurant, bar, or cafe; ample parking for over 150 cars.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Spa & Massage Hair Salon Auto Repair Shop Hotel & Motel Pharmacy Nail Salon Department Store Discount Store Car Rental Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southfields
    County
    Orange
    State
    New York
    Longitude
    -74.17664179559
    Latitude
    41.240716747449

    Nearby Comparable

    • $2,050,000
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      Historical Land Ready for Development

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    • $575,000
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      Tuxedo Park Commercial Retail Opportunity

      Mixed-use property in historic Tuxedo, NY with retail and residential.
      538 Route 17 N, Tuxedo Park, NY 10987
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    • $1,995,000
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      Tuxedo Park Office/Residential Opportunity

      Unique mid-century modern space with approved office use and residential potential.
      60 Woods Rd, Tuxedo Park, NY 10987
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    • $250,000

      Land For Sale Harriman

      Land available for sale in Harriman, New York.
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      Sloatsburg Mixed-Use Development Opportunity

      5.1-acre property with multi-family development potential in Sloatsburg, NY.
      265 Orange Tpke, Sloatsburg, NY 10974
      View Details

    FAQs

    What type of property is this?
    Land - 3.2-acre commercial lot, highway frontage.
    Where is this land located?
    The property is located at 974 Ny-17 Southfields, NY.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: $2,050,000 asking price.; 3.2-acre commercial land parcel.; Located at 974 NY-17, Southfields, NY 10975.
    (845) 928-8000
    Request Owner's contact information
    974 Ny-17 Southfields, NY 10975
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    Southfields, NY 10975
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    974 Ny-17 Southfields, NY 10975
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