3656 Main St Stone Ridge, NY 12484-5602
- Investment properties
- 3,420 SF
- 0.12 lot acres
Current Use by Public Records
- Catskill Concierge / Property Management Company
- Coldwell Banker Village Green Realty: Nancy Brenner / Real Estate Agent
Property Details for 3656 Main St
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 3,420 SF
- Zone code
- B1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 513400 61.20-4-11
- APU
- 5134006120411
Description
This exceptional Stone Ridge property at 3656 Main Street presents a unique investment opportunity. The 3,420 square foot, two-story building, constructed in 1900, is zoned Com 1 Att Row building - mixed use, offering versatility for various commercial and residential uses. The lower level features a storefront with stunning terrazzo floors, currently rented along with a one-bedroom apartment, providing immediate income. A cozy studio apartment is also located on the lower level. Upstairs, a spacious three-bedroom unit offers additional rental potential. All units have separate entrances for privacy. The storefront boasts large windows overlooking Main Street, providing excellent visibility. A full basement offers ample storage. Ample parking is available. This turn-key property is ideally situated in the heart of Stone Ridge, steps from shops and eateries, making it perfect for a variety of businesses. The asking price is $749,000, with a price per square foot of $219.01. This well-maintained building offers a blend of commercial and residential income streams in a highly desirable location. The property's prime location and multiple income sources make it an attractive investment for both seasoned investors and those seeking a live-work lifestyle.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $320,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $270,000
- Mixed-Use
- $370,000
- Hospitality
- $325,000
- Educational
- $335,000
- Residential Income
- $290,000
- Energy
- $340,000
- Income-Based Land
- $350,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Stone Ridge
- County
- Ulster
- State
- New York
- Longitude
- -74.1423
- Latitude
- 41.8499
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA
