2736 Ny-208 Walden, NY 12586
This fully operational greenhouse facility in Walden, NY, presents a unique owner-user investment opportunity. Spanning 35.4 acres and encompassing 100,000 square feet of covered and heated space, the property includes 41 individual units, primarily quonset and gutter-connected greenhouses. Built in 2000 and renovated in 2016, the complex features robust infrastructure, including 5 active irrigation wells, a water treatment room with a fertilizer injection system, and a 1,200 square foot office. Heating systems consist of 5-1M BTU furnaces with in-bench hot water heat, supplemented by propane and oil. Electrical service is provided by two 400-amp services and an 80kW generator with an automatic transfer switch. The property boasts 1 loading dock and 12 dock-high doors, facilitating efficient operations. The property is zoned for agricultural use (Ag), resulting in low annual property taxes (under $12,000). This established business, operating for over 40 years, cultivates herbs and flowers for high-end markets in the tri-state area. The expansive lot offers significant potential for expansion, allowing for increased production capacity and diversification of crops. The property's convenient location provides easy access to NYC transportation networks. The asking price is $2,000,000 ($20/sq ft, $48,780.49/unit). This presents a compelling opportunity for both established growers seeking expansion and new entrants to the industry.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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