3 Park Row, Cadyville, NY 12918
This exceptional mixed-use property in Cadyville, NY, presents a unique investment opportunity. Located at 3 Park Row Unit 3, the 3,016 square foot building sits on a 1.16-acre lot, offering ample space and potential. The main level currently operates as a well-established funeral home, providing a steady income stream. Below, a substantial three or four-bedroom apartment generates additional revenue. This lower-level unit boasts a comfortable layout, including a living room, dining room, kitchen with oak cabinets, a full bath, and a dedicated washer area. Currently leased month-to-month for $1,000, this rental includes all utilities – electricity, natural gas, and hot water – along with lawn care and snow removal. Annual water costs are approximately $300. The property's combination of established business and rental income makes it an attractive proposition for investors seeking a diversified portfolio. The substantial lot size also offers potential for future expansion or development, subject to local zoning regulations. This turnkey operation is priced competitively at $250,000, presenting a compelling opportunity to acquire a profitable and versatile commercial property in a desirable location. Serious inquiries are encouraged.
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Brown Funeral Home Inc Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Cadyville, NYCadyville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.