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    OFF-MARKET
    Retail properties & Spaces

    1520 Broadway, New Paltz, NY 12429

    4,035 SF 0.6 ac lot Built 1931
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,035 square foot commercial property in Esopus, NY, is situated on a 0.6-acre lot at 1520 Broadway, offering unparalleled visibility and versatility. Built in 1931, this two-story building, zoned GC, boasts a large paved parking lot, extensive storage, and a separate storage building, ideal for inventory or equipment. Previously used as a restaurant and insurance office, and currently operating as an IT office, the property is adaptable to a variety of uses, including retail, office, or service-oriented businesses. The property features tall ceilings, and a deck overlooking a wooded area. Its location between Poughkeepsie and Kingston ensures high traffic volume and exposure. All systems are in working order, making for a smooth transition for the new owner. The asking price is $449,000. This well-maintained property presents a unique opportunity for business owners seeking a high-traffic location with ample space and storage. Don't miss this chance to own a thriving commercial property in a prime location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1931
    Total area 4,035 SF
    Lot 0.6 ac (26,136 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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