66 5Th St, Narrowsburg, NY 12764
This exceptional commercial property in Narrowsburg, NY, presents a unique investment opportunity. The 2,977 square foot building is ideally suited for medical use, boasting a thoughtfully designed layout. Features include a welcoming waiting room, a spacious reception area, a dedicated office, a convenient break room, six operatories or exam rooms, a procedure room, and two bathrooms – all conveniently located on a single level. The building's functionality is further enhanced by a utility room. Situated on a desirable corner lot spanning 1.65 acres, ample parking is readily available for patients and staff. The property benefits from a newer propane furnace and air conditioning system, ensuring year-round comfort and efficiency. The building's location in Narrowsburg offers excellent visibility and accessibility. A deed restriction is in place, limiting the property's use to medical facilities. This turnkey medical office building is ready for immediate occupancy and presents a compelling opportunity for a healthcare provider or investor seeking a well-maintained, established space. The property's size, amenities, and location combine to create a highly desirable and functional medical practice setting. The ample parking and convenient single-level design enhance accessibility and patient comfort. This is a rare opportunity to acquire a well-established medical facility in a thriving community.
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.