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    Investment properties

    369 Mansion St, Coxsackie, NY 12192

    2,840 SF 0.18 ac lot Built 2006
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-5989119
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 369 Mansion St, Coxsackie, NY 12192, presents a lucrative investment opportunity. Boasting 2,840 square feet across three units, this 2-story building, constructed and renovated in 2006, sits on a 0.18-acre lot (APN 55.12-2-3) at a prime Coxsackie intersection – the northeast corner of State Route 9W and Mansion Street. The building's high visibility ensures significant foot and vehicle traffic. The flexible floor plan allows for diverse commercial uses, including retail, hospitality, office space, or production. Two ground-level units feature separate entrances, while a spacious third-floor unit offers high ceilings and a separate rear entrance. The property benefits from its proximity to the waterfront, NYS Thruway (Route 87), ample parking, a thriving shopping district, a daycare, and local restaurants. Each unit is priced at $133,000, with a total asking price of $399,000 ($140.49/sq ft). The property is zoned COM 1. This is an ideal opportunity for an investor seeking high visibility and strong rental income potential in a desirable location.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2006
    Total area 2,840 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code 05 - COMMERCIAL
    APN 192889 55.12-2-3
    UPID US63-5989119
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Miller's Mint Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Nicholas Bove · 20 yrs held
    Nicholas Bove
    since 2006
    1 recorded transaction
    2006
    $72,500
    Zoning & alternative use
    05 - COMMERCIAL · West Coxsackie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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