1 John St Millerton, NY 12546
- Commercial real estate
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 John St
- Year built
- 1851
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
Description
This meticulously renovated four-story office building at 1 John Street, Millerton, NY, presents a compelling investment opportunity. The property boasts 4940 square feet of commercially zoned space, currently enjoying full occupancy with a strong rent roll reflecting excellent financials. The building's 14 offices are spread across four floors, creating a vibrant mix of tenants including quiet offices, service providers, and artists. The building itself is in excellent condition, having been well-maintained by the current owners. This includes the offices, common areas, and mechanical systems, ensuring a comfortable and efficient workspace for all tenants. The property also features low-maintenance landscaping and ample parking, adding to its appeal. The 0.33-acre lot provides convenient access and ample space. Long-term tenants contribute to the stability and predictability of the income stream, making this a low-risk, high-reward investment for discerning buyers. The building's strong financial performance, coupled with its desirable location and well-maintained condition, positions it as an exceptional addition to any investment portfolio. This is a rare opportunity to acquire a fully occupied, income-producing commercial property in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millerton
- County
- Dutchess County
- State
- New York
- Longitude
- -73.5117
- Latitude
- 41.954
