Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7174 Route 209 Wawarsing, NY 12489
    Back to Search
    Property profile & analytics

    7174 Route 209, Wawarsing, NY 12489

    View on Map
    • Warehouses
    • 2,720 SF
    • 0.53 lot acres
    For Sale
    $385,000
    View Listing →
    Versatile Mixed-Use Commercial Opportunity For Sale
    $385,000
    3,000 SF

    Versatile Mixed-Use Commercial Opportunity

    3000 sq ft mixed-use space with endless potential.

    7174 Route 209, Wawarsing, NY 12489
    View Listing
    Property ID
    US63-1322644
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7174 Route 209

    Year built
    2000
    Lot size
    0.53 lot acres
    Property type
    Warehouses
    APN
    515689 75.18-1-7
    APU
    515689751817

    Description

    This exceptional mixed-use property, located at 7174 Route 209 in Wawarsing, NY, presents a unique commercial opportunity in the heart of the lower Catskills. Just 75 minutes from New York City, this 2,720 square foot building sits on a well-maintained half-acre lot, offering ample parking and privacy fencing. Previously home to a renowned craft brewery, the property boasts a versatile layout including multiple rooms suitable for storage, office, and flexible use. Features include a large (2,000 sq ft) warehouse space with 16-foot ceilings, an insulated room ideal for refrigeration, a main tasting room perfect for a taproom or food service, and three full bathrooms (two full and one half). The building benefits from three separate electric meters and a designated utility room with a separate 200-amp service. A new water main was installed in 2023, supplementing the existing on-site well. With existing municipal approvals and permits, this property offers the potential for a live/work arrangement. The property's history as a successful brewery, combined with its versatile layout and convenient location, makes it an ideal investment for a variety of commercial ventures. Explore the possibilities and create your vision in this stunning Hudson Valley location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wawarsing
    County
    Ulster
    State
    New York
    Longitude
    -74.3584
    Latitude
    41.7585
    CBSA code
    28740
    CBSA name
    KINGSTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $29,600
    $122,600
    $152,200
    -
    $41,690
    $172,676
    $214,366

    Comparable in this City

    • Value Estimation by Request
      60.19 Acres

      98-101 George Young Blvd

      DUMP SITE
      98-101 George Young Blvd, Wawarsing, NY 12489
      View Details
    • Value Estimation by Request
      7,467 SF

      190 Prt Ben Rd, Unit 210

      MANUFACTURING (LIGHT)
      190 Prt Ben Rd, Wawarsing, NY 12489-2026
      View Details
    • Value Estimation by Request
      2,720 SF

      7174 Old Rte

      Individual retail properties
      7174 Old Rte, Wawarsing, NY 12489
      View Details
    • Value Estimation by Request
      0.53 Acres

      Prt Ben Rd

      VACANT COMMERCIAL LAND
      Prt Ben Rd, Wawarsing, NY 12489
      View Details
    • Value Estimation by Request
      41.20 Acres

      Ulster Hts Rd

      Land
      0 Ulster Hts Rd, Wawarsing, NY 12489
      View Details
    • Value Estimation by Request
      5.10 Acres

      6940 Rt 209

      Land
      6940 Rt 209, Wawarsing, NY 12489
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Mixed-Use Commercial Opportunity

      3000 sq ft mixed-use space with endless potential.
      7174 Route 209, Wawarsing, NY 12489
      View Details
    • $49,999
      1.00 Acre

      Residential Lot in Ulster County

      1-acre residential lot in Wawarsing, near Hudson Valley.
      Rte 52, Wawarsing, NY 12489
      View Details
    • $475,000
      5.26 Acres

      Land with Mountain and Water Views

      5.26 acre lot in planned community near NYC.
      3 Red Rock Rd, Wawarsing, NY 12489
      View Details
    • $55,000
      1.00 Acre

      Wawarsing Acre Parcel For Sale

      One-acre parcel in Wawarsing, NY, with RS-1 zoning.
      Rte 52, Wawarsing, NY 12489
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7174 Route 209
    Wawarsing, NY 12489
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7174 Route 209, Wawarsing, NY, 12489
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!