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Property profile & analytics
FOR SALE
Showrooms

1005 Route 9W Fort Montgomery, NY 10922

2,000 SF 0.4 ac lot Built 1988
Individually Owned 4-yr Hold Free & Clear
Property ID
US63-2525504
Property summary
AI-generated overview

This exceptional 7,499 square foot auto shop, located at 1005 Route 9W in Fort Montgomery, NY, presents a unique investment opportunity. The property, built in 1970 and renovated in 1989, sits on a 0.402-acre lot and boasts a two-story building with one unit. Currently configured as a fully operational garage with a repair shop, sales center, and paint booth, it offers significant versatility. Previous use as a cafe demonstrates adaptable zoning. The permitted zoning (B) allows for auto sales, food service, mixed office/retail, and warehouse uses. High visibility on busy Route 9W, between Bear Mountain and Storm King Mountain, ensures excellent customer traffic. The property features existing infrastructure ready for immediate use. The asking price is $989,000 ($132/sq ft), with annual taxes approximately $20,000. The APN is 333689-011-000-0001-025.000-0000. This is a rare chance to acquire a well-established business with significant upside potential in a highly desirable location. The property's history as a successful Ducati dealership and repair center further underscores its potential. Don't miss this opportunity to capitalize on the existing infrastructure and high traffic flow.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1988
Total area 2,000 SF
Lot 0.4 ac (17,490 SF)
Zoning code B
APN 333689 11-1-25
UPID US63-2525504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rockwell Cycles Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Marian Rockwell RT · 4 yrs held
Marian Rockwell RT
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
B · Fort Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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