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    279 Little Tor Rd New City, NY 10956

    Sponsored
    For Sale
    $4,000,000

    Turnkey gas station & C-store, high traffic.

    Property size:
    2,155 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity presents a high-performing gas station and convenience store located at 279 S Little Tor Rd, New City, NY 10956. The property, situated on a high-traffic location in Rockland County, boasts 2,155 square feet and features eight gas pumps, three repair bays currently leased for $4,500 monthly (lease expiring July 2020), and a well-established convenience store generating approximately $40,000 in monthly gross sales. The convenience store offers significant expansion potential. The property includes three double-wall fiberglass (DWF) underground storage tanks (10,000, 10,000, and 8,000 gallons) installed in 2005. Comprehensive environmental documentation is available. The property has ample parking and is zoned for commercial use. An application for a new canopy is pending; the canopy's cost ($35,000) is negotiable. The asking price is $4,000,000, representing a 4.00% cap rate. The property has a 100% occupancy rate and is currently operating as a Gulf station. The 1965-built structure is assessed at $17,666 in 2022 taxes. This is a truly remarkable investment opportunity with strong cash flow and significant upside potential. The property's APN is 392089-051-013-0002-034-000-0000. There is no contract with a fuel provider.

    Property Features for 279 Little Tor Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    2,155 SF

    Building Details

    Year Built
    1965
    Units
    1

    HighLights

    • $4,000,000 asking price for this turnkey gas station business.
    • Retail property, 2,155 square feet, with a modified lease.
    • Multi‑tenant property with 100% occupancy.
    • Features 8 gas pumps, a convenience store generating approximately $40,000 in monthly gross sales, and three repair bays.
    • Located at 279 S Little Tor Rd, New City, NY 10956, with ample parking and high traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gulf Oil Gas ... Gas Station Duluc Auto Group Auto Repair Shop New City Auto ... Auto Repair Shop U-Haul Neighborhood Dealer Truck Rental Agency Coinsource Bitcoin ATM Financial Institution

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New City
    County
    Rockland
    State
    New York
    Longitude
    -74.0025609
    Latitude
    41.1295668

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    FAQs

    What type of property is this?
    Automotive property - Turnkey gas station & C-store, high traffic.
    Where is this automotive property located?
    The property is located at 279 Little Tor Rd New City, NY.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price for this turnkey gas station business.; Retail property, 2,155 square feet, with a modified lease.; Multi-tenant property with 100% occupancy.
    Request Owner's contact information
    279 Little Tor Rd New City, NY 10956
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    New City, NY 10956
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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
    279 Little Tor Rd New City, NY 10956
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