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    1240 Ny-52 Carmel Hamlet, NY 10512

    For Sale
    $3,500,000

    13-Acre Flex/Warehouse, Owner-User Opportunity

    Property size:
    5,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 13.73-acre industrial property in Carmel Hamlet, NY, presents a unique owner-user opportunity. The site boasts a 5,240-square-foot existing industrial steel building, currently utilized as a concrete pre-cast and steel business, offering immediate occupancy or redevelopment potential. Located at 1240 NY-52, with APN 12.-1-48, the property features two dock-high doors and is ideally situated less than one mile from I-84, providing convenient access to major transportation routes. The expansive lot size allows for significant expansion or complete redevelopment, making it suitable for a variety of industrial uses, including larger warehouse or distribution facilities. The asking price is $3,500,000, translating to $667.94 per square foot. The property's zoning allows for flexibility in its future use, and there's a possibility of acquiring the existing business alongside the real estate. This prime location and versatile property offer substantial potential for growth and return on investment. The property is zoned for industrial use and offers proximity to mass transit options. This is an excellent opportunity for an owner-occupier seeking a strategic location with expansion capabilities. The existing building provides immediate functionality, while the ample land offers significant long-term development potential.

    Property Features for 1240 Ny-52

    General Information

    Property type
    Distribution properties
    Square Feet
    5,240 SF
    Lot Size
    598,079 SF

    HighLights

    • $3,500,000 asking price for a 5,240 SF industrial flex/warehouse building.
    • Located at 1240 NY‑52, Carmel Hamlet, NY 10512, on a 13.73‑acre lot (APN: 12.-1‑48).
    • Features two dock‑high doors and offers room for expansion or redevelopment.
    • Less than one mile from I‑84, providing convenient access to major transportation routes.
    • Currently used as a concrete pre‑cast and steel business; potential for owner‑user or sale of the existing business alongside the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Carmel Hamlet
    County
    Putnam
    State
    New York
    Longitude
    -73.6819945
    Latitude
    41.5026676

    Nearby Comparable

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    FAQs

    What type of property is this?
    Distribution property - 13-Acre Flex/Warehouse, Owner-User Opportunity
    Where is this distribution property located?
    The property is located at 1240 Ny-52 Carmel Hamlet, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price for a 5,240 SF industrial flex/warehouse building.; Located at 1240 NY-52, Carmel Hamlet, NY 10512, on a 13.73-acre lot (APN: 12.-1-48).; Features two dock-high doors and offers room for expansion or redevelopment.
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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
    1240 Ny-52 Carmel Hamlet, NY 10512
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