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    OFF-MARKET
    Turn key restaurants

    42 Sullivan St, Wurtsboro, NY 12790

    2,628 SF 0.34 ac lot Built 1991
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US63-2372400
    Property summary
    AI-generated overview

    This exceptional 3,924 square foot retail property, located at 42 Sullivan Street in the vibrant village of Wurtsboro, NY, presents a remarkable investment opportunity. Situated on a 0.34-acre lot, this property boasts ample parking for 20 vehicles, a significant advantage in a busy commercial area. The building currently operates as an antique and gift store, but its zoning allows for a multitude of uses, unlocking a wealth of potential for the discerning buyer. The main floor encompasses 2,000 square feet of well-maintained space, ideal for a variety of retail or commercial ventures. A full basement provides additional storage or expansion possibilities. The property benefits from central air conditioning and oil-fueled heating. Its strategic location, just 15 minutes from both a casino and the Bethel Woods Center for the Arts, ensures high visibility and accessibility to a large customer base. This property offers a unique blend of established infrastructure and untapped potential, making it an ideal choice for entrepreneurs seeking a thriving business location in a desirable area. The ample parking and versatile zoning make this a truly exceptional opportunity.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1991
    Total area 2,628 SF
    Lot 0.34 ac (14,810 SF)
    Zoning code C1
    APN 484003 107.-4-2
    UPID US63-2372400
    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
    • Art Studio Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Nicholas Cetera · 5 yrs held
    Nicholas Cetera
    since 2021
    Last sale
    $90,000
    2 recorded transactions
    2021
    2019
    $119,900
    Zoning & alternative use
    C1 · Wurtsboro, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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