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    Specialty properties

    71 79 83&87 Elk Pt Rd, Livingston Manor, NY 12758

    7,440 SF 18.43 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This unique 18.43-acre Sullivan County property presents an exceptional investment opportunity. The centerpiece is a substantial 7,440 square-foot garage/warehouse/barn, currently operating as a four-license automotive repair shop. This fully insulated building boasts six bays, four lifts, two offices, a second-story area with three rooms and a half-bath (suitable for an apartment conversion), two half-baths on the main level, and ample covered wood storage. The building's wood furnace heats both the shop and a separate 2132 square-foot, three-bedroom split-level home located on the property. Also included is a renovated, rented 1082 square-foot, three-bedroom mobile home, and a five-acre vacant parcel with a drilled well. The property offers beautiful distant mountain views and a rural setting. The permitted zoning is AC, Agricultural Conservation, allowing for a variety of uses (detailed zoning information is available). While currently three parcels, lot improvement plans will consolidate to two. The property's convenient location offers easy access to Livingston Manor, White Sulphur Springs, Liberty, and Youngsville. The asking price is $999,000, representing a unique blend of residential and commercial potential. The garage alone could accommodate at least twenty vehicles. This property is being sold as-is.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1980
    Total area 7,440 SF
    Lot 18.43 ac (802,811 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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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