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    OFF-MARKET
    Retail properties & Spaces

    2475 Ny-52, Pine Bush, NY 12566

    4,000 SF 10.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property in Pine Bush, NY, presents a compelling investment opportunity. Located on 10.2 acres at 2475 NY-52, this property boasts a substantial 4,000 square foot building encompassing six units: five residential units (three two-bedroom, one one-bedroom, and one four-bedroom) and one commercial office space. Generating a strong NOI of $103,389 and a 7.38% cap rate, the property offers immediate cash flow. The property also includes a 100ft x 60ft concrete pad, previously used for a commercial garage, and ample land for future expansion. Zoned BP (Business Park), the property allows for a wide range of permitted and special permitted uses, including storage units, retail, offices (medical and general), restaurants, banking, auto sales, and more. Its convenient location near Route 52, local amenities, schools, and Interstate 86 enhances its appeal. The property's substantial size and versatile zoning create significant potential for future development and increased revenue streams. The asking price is $1,399,999. The Assessor's Parcel Number (APN) is 332600-006-000-0006-003.200-0000. This is a rare opportunity to acquire a multi-faceted property with immediate income and significant long-term growth potential in a desirable location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 4,000 SF
    Lot 10.2 ac (444,312 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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