1292 Ny-311 Patterson, NY 12563
This 2,028 square foot retail storefront, located at 1292 NY-22 in Patterson, New York, is offered at $430,000. Situated on a 0.41-acre corner lot at the intersection of NY-22 and NY-311, this property boasts excellent visibility and high traffic counts. The building, classified as Class C, is currently vacant and available for immediate occupancy under a NNN lease. The property features nine off-street parking spaces, a significant advantage in this location. While the furnace is older, it undergoes annual inspections. The roof and siding were replaced in 2016. The building includes an unfinished basement and attic, offering potential for expansion or additional storage. The property utilizes oil heat and central air conditioning, and is serviced by a well and septic system. The C1 zoning permits a wide range of uses, including restaurants, health and fitness centers, nurseries, banks, and various business and professional services. The APN is 372400-004-000-0001-004-000-0000. This presents a unique opportunity for an investor or business owner seeking a high-visibility location in a desirable market. The net rentable square footage is 2,028, with a price per square foot of $212.03.
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.
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Risks
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