4115-4125 Rte, Boiceville, NY 12412
This exceptional commercial property, located at 4115-4125 Route 28 in Boiceville, NY 12412, presents a lucrative investment opportunity. Situated on a 1.98-acre lot, this prime location boasts over 42,000 square feet of commercial space, strategically positioned at the gateway to the Catskills. The property includes a large commercial building (approximately 35,000 square feet) and four attached stores/service shops. Currently, the tenant mix includes a Post Office, restaurant, antique shop, and café/catering business, providing a stable income stream. The large commercial space, previously a lumber yard and salvage retail store, offers significant potential for lease or owner-occupancy, with a current asking rent of $4,500 per month. The property benefits from high visibility on Route 28, with a daily traffic count of 7,000 vehicles, ensuring year-round business from local residents, tourists, and skiers. Its proximity to a major grocery/shopping center and the local high school further enhances its appeal. The building is in excellent condition, featuring updated roofing, heating, and cooling systems, and municipal sewer access. The sale includes a 10-year non-compete agreement for a neighboring grocery business. At the asking price of $780,000, the capitalization rate is approximately 6%. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, high-traffic commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.