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    OFF-MARKET
    Investment properties

    2567 Rte 55, Poughquag, NY 12570-5106

    2,150 SF 1.1 ac lot Built 1950
    Individually Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US63-2775931
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 2567 Route 55, Poughquag, NY, presents a unique investment opportunity. The 2,150 square foot building sits on a level 1.1-acre lot and boasts three distinct units, each with its own private entrance and utilities. Two ground-floor commercial spaces offer flexibility for a variety of businesses, while a spacious two-bedroom apartment on the second floor provides additional income potential or owner-occupied housing. The property's location on Route 55 ensures high visibility and traffic, making it ideal for retail, office space, or personal services. Ample parking is currently available, with room for expansion on the expansive lot. The existing floor plan allows for customization and adaptation to suit specific business needs. This property is perfect for entrepreneurs seeking to establish their business while simultaneously generating rental income. The ease of access and high-traffic location make this a truly compelling investment opportunity in a desirable area. The property's versatility and potential for future development make it an attractive option for both short-term and long-term growth. Don't miss this chance to own a thriving commercial and residential property in a prime location. The asking price is $569,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Total area 2,150 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code TC
    APN 132200 6759-00-685241-0000
    UPID US63-2775931
    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
    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
    by Request
    Owner & transaction history
    Fabian Jakaj · 5 yrs held
    Fabian Jakaj
    since 2020
    Last sale
    $229,900
    2 recorded transactions
    2020
    $230,000
    2018
    $557,374
    Zoning & alternative use
    TC · Poughquag, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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