1142-44 State Route 122 Constable, NY 12926
This exceptional mixed-use property in Constable, NY, presents a unique investment opportunity. The main building encompasses a thriving 1500-square-foot deli, complete with retail space, ample storage, and an 8x12 walk-in cooler. A half-bath is conveniently located within the deli area. The property also includes a 1000-gallon gas tank equipped with a computerized pump system. Heating and cooling are efficiently managed by a monitored heat pump system, and a reverse osmosis system ensures high-quality water. Recent upgrades include a new ATM machine, cash register, and safe, along with a three-year-old equipment and fixture refresh. Adding to the income potential are two fully renovated 2-bedroom, 1-bathroom apartments. Each apartment boasts updated electrical, heating, plumbing, hot water systems, windows, doors, walls, ceilings, floors, and roofs. Modern kitchens feature new cabinets and appliances, complemented by new bathrooms. One apartment currently rents for $950 per month (owner pays electric), while the other rents for $850 (tenant pays utilities). The property sits on a 0.75-acre lot, offering ample space and potential for future expansion. This turnkey operation is priced at $165,000 and includes a comprehensive list of equipment. This is a rare opportunity to acquire a profitable and well-maintained commercial property with significant rental income potential. Contact us today for a detailed equipment list and to schedule a viewing.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.