Property profile

3452 State Rte 97 Barryville, NY 12719

OFF-MARKET
Office buildings
Property ID
US63-1643166
1,800 SF 0.66 ac lot Built 1990
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,600 square foot medical/professional office building presents a unique opportunity in the thriving town of Barryville, NY, situated in the Sullivan Catskills. Boasting high visibility on State Route 97, a scenic byway, this property offers an established presence, having served as a medical practice for many years. The building features a spacious waiting room with a bathroom, a dedicated reception area, four exam rooms, and three large offices, each with its own bathroom. A significant advantage is the large, finished basement, currently equipped with commercial-grade exercise equipment, ideal for physical therapy or other specialized services. The basement also includes a staff lunchroom. The 0.66-acre lot provides ample space and parking. This turnkey operation is perfectly positioned to meet the community's current need for medical services, offering immediate potential for a new practice to establish itself in a location with a proven track record. The property's history of successful medical practice ensures a strong foundation for future success. This is a rare chance to acquire a well-equipped, established office building in a desirable location with high visibility and immediate potential for a thriving practice.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 1,800 SF
Lot 0.66 ac (28,750 SF)
Zoning code HC
APN 483400 27.-8-16
UPID US63-1643166

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3452 State Rte 97 Barryville, NY 12719-5923
Barryville metro Census 952400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

HC · Barryville, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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