Property profile

564 State Route 23 Craryville, NY 12521

OFF-MARKET
Commercial real estate
5,544 SF 0.66 ac lot
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Property summary

AI-generated overview

This unique 5,544 sq ft building, situated on 0.66 acres at 564 State Route 23 in Craryville, NY, presents a remarkable opportunity. Originally constructed in 1957 as an International Harvester showroom, this iconic structure has undergone a complete transformation. The renovation exposed soaring wooden ceilings and steel I-beams, creating three distinct spaces. A large south-facing loft studio, bathed in natural light, is ideal for various professional uses. The central living area boasts cerused oak hardwood and tile floors, a new kitchen with stainless steel appliances, Typhoon Bordeaux granite countertops and island, a cook's pantry, a primary bedroom, a den/second bedroom/home office, a walk-in closet, and two full baths. The northern section, currently configured as a gallery/mercantile space, offers versatile potential for public or private use. The stucco and copper exterior complements the bucolic setting. This turnkey property enjoys high visibility on a major east-west artery, equidistant from Hudson and Hillsdale, offering both convenience and privacy. Its location provides easy access to Albany (under an hour) and New York City (just over two hours). This exceptional property is perfect for artists, makers, and creators seeking ample space for work and comfortable living. The building's integrity and quality ensure lasting appeal and significant opportunity for its next owner. The asking price is $1,300,000.

Property profile

Verified
Property type Commercial real estate
Total area 5,544 SF
Lot 0.66 ac (28,750 SF)

Cap rate & NOI

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

Location

564 State Route 23 Craryville, NY 12521
Craryville metro
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Value estimations

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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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