Property profile

36 Main St Washingtonville, NY 10992

OFF-MARKET
Office buildings
Property ID
US63-3290224
2,170 SF 0.59 ac lot Built 1963
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in the vibrant Village of Washingtonville, NY. Located at 36 E Main St, this offering combines a substantial commercial space with a comfortable residential component. The 2,170 square foot office building boasts separate individual office areas, currently occupied by a long-established insurance company, offering immediate income potential or the flexibility to adapt to various business needs. The building's prime location on Main Street ensures high visibility and accessibility. The property's strategic placement next to the Village police department provides an added layer of security and community presence. In addition to the commercial space, the property includes a spacious 1,700 square foot residential home featuring three bedrooms and two bathrooms. This provides an excellent opportunity for owner-occupancy, rental income, or potential conversion to additional office space. The 0.59-acre lot offers ample space and potential for future expansion or development. This property is ideal for an investor seeking a blend of commercial and residential income, or a business owner looking for a unique combination of workspace and living quarters in a thriving village setting. Showings are available by appointment only. The asking price is $679,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 2,170 SF
Lot 0.59 ac (25,910 SF)
APN 332001 107-3-15
UPID US63-3290224

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

36 Main St Washingtonville, NY 10992-1239
Washingtonville metro Census 13201 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
3 recorded transactions
2019
$315,000
2008
Price N/A
1969
Price N/A

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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