61 Old Rte, Carmel Hamlet, NY 10512
This exceptional Carmel Hamlet, NY property presents a remarkable investment opportunity. Priced at $759,000, this special-purpose property boasts a rich history, having served as a retail pool and spa service company for over 51 years. The main structure, approximately 5,196 square feet, features an expansive retail showroom adaptable to various uses, complemented by a full lower level currently utilized for storage. A noteworthy feature is the heated lower level's conveyor belt leading to the main floor. A separate, freestanding office building of approximately 415 square feet offers additional potential. This office sits on its own parcel. The property's strategic location provides unparalleled visibility with 207 feet of road frontage on Maple Avenue, 190 feet on Old Route 6, and 193 feet on the Empire State Bike Trailway, ensuring high traffic exposure from three sides. Ample parking is available in both upper and lower lots. The property includes two overhead garage doors, one with a loading dock, and several sheds. Its proximity to I-84 enhances accessibility. This unique property offers significant potential for a variety of commercial ventures.
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
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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.