3104 State Rte 208, Wallkill, NY 12589-4432
This exceptional mixed-use property, situated in the heart of Wallkill Village at 3104 State Route 208, presents a unique investment opportunity. The 2,700 square foot building boasts a highly desirable location and has been owned by the same party for over two decades, making this its first time on the market in that period. Currently configured with office space on the lower level and two income-generating rental apartments upstairs, occupied by long-term tenants, this property offers immediate cash flow potential. The versatile layout allows for customization to suit a variety of business and residential needs. The building is serviced by municipal water, and municipal sewer lines are scheduled for imminent installation by the village. Adding to its appeal is a substantial storage building located at the rear of the property, providing ample additional space. The 0.17-acre lot offers convenient access and visibility. Oil-fueled heating is currently in place. A 48-hour notice is required for all showings. This is a rare chance to acquire a well-established, mixed-use property in a thriving village setting. Don't miss this chance to secure a valuable asset with significant upside potential.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SB · Wallkill, NYWallkill. 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.