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Property profile & analytics
OFF-MARKET
Mixed-use properties

Rte Ravena, NY 12143

13,648 SF 1.92 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Ravena, NY, presents a compelling investment opportunity. The 13,648 square foot building sits on a spacious 1.92-acre lot, offering ample parking for approximately 100 vehicles or more. The property boasts five fully renovated apartments, each featuring new appliances and hardwood floors. A significant advantage is the brand new roof, minimizing immediate maintenance concerns. Income generation is diversified across multiple tenants. A warehouse space is currently leased, equipped with convenient two-door loading docks. A vintage store occupies a portion of the building, enjoying a long-term lease exceeding nine years. Further income is derived from a car dealership leasing office space and utilizing a portion of the expansive side lot. The property's high occupancy rate and diverse tenant base contribute to a strong 4% cap rate, making it an attractive investment for those seeking stable returns. The substantial lot size and existing infrastructure provide potential for future expansion or redevelopment, adding to its long-term value. This property offers a rare blend of established income and significant growth potential in a desirable location. The combination of residential, commercial, and warehouse space makes this a truly unique and lucrative investment.

Property profile
Verified
Property type Mixed-use properties
Year built 1950
Total area 13,648 SF
Lot 1.92 ac (83,635 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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