Property profile

1461 Ny-22 Wingdale, NY 12594

OFF-MARKET
Retail properties & Spaces
3,690 SF
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Property summary

AI-generated overview

This exceptional commercial property in Wingdale, NY, presents a unique investment opportunity. Located at 1461 NY-22, this 3,690 square foot building sits on a 0.22-acre lot zoned HC (Highway Commercial), enjoying high visibility with an average daily traffic count of 9,770 vehicles. The property includes a thriving deli and convenience store, operating successfully for over 50 years, serving breakfast, lunch, and dinner. The menu features a variety of options, including burgers, wraps, hot and cold sandwiches, heroes, snacks, candy, and a wide selection of beverages, including alcoholic options. The deli also boasts a full kitchen equipped with a grill and fryer and operates as a New York State Lottery retailer. Adding to the investment potential, the building features two 1,000 square foot apartments on the upper level, currently 100% occupied, generating additional income streams. The property is offered at $425,000, with a price per square foot of $115.18, under a net lease agreement. This turnkey operation offers a compelling blend of established business and rental income, making it an attractive proposition for discerning investors. The property's location on a busy state highway ensures consistent customer traffic and strong potential for future growth. This is a rare opportunity to acquire a well-established, profitable business with significant upside potential. The property is located in Dutchess County, NY, zip code 12594.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,690 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1461 Ny-22 Wingdale, NY 12594
Wingdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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