8 42nd Nd St Kerhonkson, NY 12446
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
MU · Kerhonkson, NYKerhonkson. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.