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    OFF-MARKET
    Commercial real estate

    564 State Route 23, Craryville, NY 12521

    5,544 SF 0.66 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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