Property profile

399 Bridge St Catskill, NY 12414

OFF-MARKET
Retail properties & Spaces
2,564 SF 0.29 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional retail storefront, located at 399 W Bridge St in Catskill, NY, presents a unique investment opportunity. The property boasts 2,564 square feet of net rentable space, spread across two units within a single-story, 1970-built building that underwent renovations in 2015. Currently vacant, this property offers immediate occupancy for a variety of retail uses. The asking price is $275,000, translating to $107.25 per square foot. Situated on a 0.29-acre lot, the property is zoned for commercial use and features a NNN lease type with a remaining term of 5 years on the existing lease. Its prime location in a high-traffic area ensures excellent visibility and accessibility for any business. The property's versatility allows for diverse retail concepts, and its design presents potential for expansion, including the possibility of adding a second story or converting it to a drive-through facility. The property's APN is 171.07-2-2. This is a motivated seller opportunity in a thriving Catskill commercial district. Don't miss out on this chance to acquire a valuable retail asset in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970
Total area 2,564 SF
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • (Bike/Boat/Book/etc) Store Pharmacy

Location

399 Bridge St Catskill, NY 12414
Catskill metro
Google Maps

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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