974 Ny-17, Southfields, NY 10975
This exceptional 3.2-acre commercial property, located at 974 NY-17 in Southfields, New York (zip code 10975), presents a unique redevelopment opportunity. Zoned SB-H, the land boasts nearly 500 feet of highway frontage, easily accommodating over 150 vehicles. The site's history as the iconic Red Apple Rest offers a rich legacy, with existing building remnants providing a foundation for creative repurposing. The steel frame structure allows for expansion possibilities, both vertically and horizontally. Its strategic location, just 6.6 miles south of Woodbury Commons Premium Outlets, ensures high visibility and accessibility for commuters and travelers. This prime location makes it ideal for a variety of commercial ventures, including a roadside cafe, bar, or restaurant. The property is privately owned and offered at an asking price of $2,050,000. This is a rare chance to acquire a significant piece of commercial real estate with immense potential in a high-traffic area of Orange County, New York.
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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
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.