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    12 Church St Goshen, NY 10924-1540
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    Property profile & analytics

    12 Church St Goshen, NY 10924-1540


    • Investment properties
    • 5,678 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Mar 14, 2024
    $685,000
    Property ID
    US63-1870767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    7.2%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Vigo / Bank / Credit Union

    Property Details for 12 Church St

    Year built
    1940
    Lot size
    0.14 lot acres
    Property size
    5,678 SF
    Zone code
    4011
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    333001 108-7-10
    APU
    333001108710

    Description

    This exceptional mixed-use building is ideally situated in the heart of Goshen, NY. The property boasts a prime commercial space on the first floor, currently partially occupied by a thriving small grocery store, with additional vacant commercial space offering significant upside potential. The upper two floors provide two residential rental units, each presenting a strong rental income stream. Past tenants have included a diverse range of businesses, demonstrating the versatility and appeal of this location. The building's potential is undeniable, given its central location and the possibility of leasing the vacant commercial spaces. Projected annual rental income is substantial, with estimates of $1,800 per residential apartment and varying commercial rental rates ranging from $1,000 to $2,000 per unit. This translates to a significant return on investment. The property is offered at $799,000. Annual expenses, encompassing taxes, water, sewer, snow removal, and lawn maintenance, are approximately $28,000. This presents a compelling opportunity for an investor seeking a strong cash flow property in a desirable location. The building's history of successful occupancy across various business types underscores its adaptability and enduring appeal. The vacant spaces offer a blank canvas for a savvy investor to tailor the property to their vision and maximize its income potential. This is a rare opportunity to acquire a well-located, mixed-use property with immediate income generation and significant long-term growth prospects.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $685,000
      ML approach
      $685,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $825,000
      6.5%
      $760,000
      7%
      $705,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $578,000
      Market price range: $395k - $946k
      AI Estimate
      $488,000
      Market price range: $264k - $876k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $700,000
      Current use
      OFFICE BUILDING
      $1,080,000
      Change: +54% Conversion: Easy
      AUTO REPAIR, GARAGE
      $950,000
      Change: +36% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Orange
    State
    New York
    Longitude
    -74.3242
    Latitude
    41.4025
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $29,800
    $244,300
    $274,100
    -
    $71,809
    $588,691
    $660,500
    More about this property
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