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    269 Main St, Highland Falls, NY 10928

    13,790 SF 0.23 ac lot Built 1950
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-1528077
    269 Main St, Highland Falls, NY 10928 For Sale
    $995,000 13,790 SF
    269 Main St, Highland Falls, NY 10928
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    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 269-271 Main Street in Highland Falls, NY, presents a compelling investment opportunity. The 11,790 square foot building, constructed in 1950 and extensively renovated in 2023, sits on a 0.35-acre lot and is zoned B-1. Currently housing three credit-rated tenants—Chase Bank, First Command, and Allen's Import Service—this property offers a stable income stream. Allen's Import Service, a well-established vehicle repair business operating for over 35 years, is available for separate purchase. The property benefits from its strategic location, minutes from West Point Gate, the Palisades Parkway, Bear Mountain Bridge, and the New York State Thruway, ensuring high visibility and accessibility. All municipal utilities are connected. The asking price is $995,000. This single-story building offers a blend of office, retail, and vehicle repair spaces, making it a versatile and attractive investment. The modified lease structure provides flexibility, and the multi-tenant occupancy ensures consistent revenue generation. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location with strong tenant occupancy.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1950
    Total area 13,790 SF
    Lot 0.23 ac (10,000 SF)
    Zoning code B-1
    APN 333601 104-3-11
    UPID US63-1528077
    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
    • Allen's Import Service Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $790k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $737k
    Blend (final) Blend
    $800k
    Owner & transaction history
    Clear Key II LLC · 3 yrs held
    Clear Key II LLC
    since 2023
    Last sale
    $850,000
    2 recorded transactions
    2023
    $850,000
    2007
    Zoning & alternative use
    B-1 · Highland Falls, 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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