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Property profile & analytics
OFF-MARKET
Turn key restaurants

188 Main St Schaghticoke, NY 12154

4,868 SF 0.35 ac lot Built 1996
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US63-1887046
Property summary
AI-generated overview

This exceptional mixed-use property, located at 188 Main Street, Unit 188 in the vibrant town of Schaghticoke, New York, presents a unique investment opportunity. Situated on a sizable 0.35-acre lot, this property offers significant potential for a variety of uses, catering to both business and residential needs. The building's precise square footage is currently unavailable, however, the substantial lot size and prime Main Street location suggest ample space for development or expansion. The asking price is $389,000, representing a compelling entry point into the Schaghticoke real estate market. Given its mixed-use zoning and prominent location, this property is ideally suited for entrepreneurs seeking a versatile space to establish or expand their business, or for investors looking for a strong return on investment. The property's location on Main Street ensures high visibility and accessibility, attracting a steady stream of potential customers and residents. Further investigation into the property's zoning regulations and permitted uses is encouraged to fully explore its development potential. This is a rare opportunity to acquire a significant piece of Schaghticoke real estate with substantial upside. Don't miss out on this chance to secure a thriving business location or a promising investment property.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 4,868 SF
Lot 0.35 ac (15,246 SF)
Zoning code RA
APN 384201 32.6-3-12
UPID US63-1887046
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
  • Sammy Cohen's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Park Ranger LLC · 6 yrs held
Park Ranger LLC
since 2019
2 recorded transactions
2019
$460,000
2014
$300,000
Zoning & alternative use
RA · Schaghticoke, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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