Property profile

4212 Route 16 Hinsdale, NY 14743

OFF-MARKET
Commercial real estate
3,766 SF 0.46 ac lot Built 1960
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Property summary

AI-generated overview

This 3,766 sq ft commercial property in Hinsdale, NY, sits on a 0.46-acre lot at the busy intersection of Route 16 and Route 446. Its prime location ensures exceptional visibility and high traffic flow, making it an attractive investment opportunity. The property includes a car repair garage, a former restaurant space ready for renovation and new tenants, and additional storage areas. A vacant lot on the property offers further development potential. While the existing structures could benefit from some improvements, the strategic location and versatile spaces present a compelling opportunity for redevelopment or repurposing. This property is well-suited for entrepreneurs seeking to establish a new business, existing businesses looking to expand, or investors seeking to capitalize on the high-demand location. The asking price is $199,000. This is a rare chance to acquire a significant commercial property in a thriving area. Don't miss this chance to own a piece of Hinsdale's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Total area 3,766 SF
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4212 Route 16 Hinsdale, NY 14743
Hinsdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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