Property profile

61 Old Rte Carmel Hamlet, NY 10512

OFF-MARKET
Specialty properties
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Location

61 Old Rte Carmel Hamlet, NY 10512
Carmel Hamlet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 61 Old Rte?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message