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Property profile & analytics
OFF-MARKET
Investment properties

8 42nd Nd St Kerhonkson, NY 12446

3,536 SF 0.11 ac lot Built 1971
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US63-1243718
Property summary
AI-generated overview

This meticulously maintained Kerhonkson property offers a unique blend of commercial and residential spaces, ideal for investors or entrepreneurs. The 2,269 square foot retail space, previously a successful local business, features a 13-seat bar, 7 tables, and a spacious outdoor patio. A fully equipped kitchen includes multiple refrigerators, freezers, and a walk-in cooler. Above the retail space is a two-bedroom apartment, currently generating rental income via a month-to-month tenant. The property sits on a 0.11-acre lot and includes a large attic. Oil heating is in place. The building totals 4,803 square feet and is priced at $415,000. This established business, located at 8 42nd Street, presents a compelling opportunity for continued success or innovative redevelopment within the charming town of Kerhonkson, nestled at the base of the Shawangunk Ridge. The property's combination of commercial and residential income streams offers significant potential for return on investment. The existing infrastructure and equipment provide a solid foundation for immediate operation or future expansion. Don't miss this chance to acquire a well-established and versatile property in a desirable location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1971
Total area 3,536 SF
Lot 0.11 ac (4,792 SF)
Zoning code MU
APN 515689 76.13-4-3
UPID US63-1243718
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hot Shotz Realty Corp · 19 yrs held
Hot Shotz Realty Corp
since 2007
1 recorded transaction
2007
$300,000
Zoning & alternative use
MU · Kerhonkson, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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