Boiceville, NY 12412,4115-4125 Ny-28
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Boiceville, NY 12412,4115-4125 Ny-28
Boiceville, NY 12412,4115-4125 Ny-28
Boiceville, NY 12412,4115-4125 Ny-28
Boiceville, NY 12412,4115-4125 Ny-28
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Listed by: Berardi Realty
$ 785,000
Est. payment /mo
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4115-4125 Ny-28 Boiceville, NY 12412

42,000 SqFt


UPDATED:

10/24/2024 07:18 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 42,000 sqft

Price per Sqft $18

MLS Listing ID 20242343

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Year Built 1970

Annual Tax Amount $14,276

Tax Year 14276

Lot Size 1.980 Acres

Acres 1.98

Property Description

This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers, tourists, and local development. The property is in very good condition and has municipal sewer access. The large commercial space, previously used as a lumber yard and salvage retail store, offers over 35,000 square feet of office, retail, and warehouse space with excellent visibility from State Route 28. The building has updated systems, including the roof, heating, and cooling units. The tenant base is solid, with a Post Office, Restaurant, Woodstock Antiques, and Café /Catering already occupying the space. The vacant large commercial storefront with warehouse space is available for lease at 4,500 per month. For potential buyers, it's important to note that the sale of the building comes with a non-compete restriction for the grocery business next door for 10 years. At the asking price with the vacant large commercial space, the Cap rate is approximately 6. Please refer to the associated documents for more information on income and expenses related to the property. The owner has a 17,000 estimate to replace the windows in the front that are boarded up. The reason they have not been replaced is because we do not know if a buyer would like to reconfigure the front of the building.

Location

State NY

County Ulster

Area Olive

Zoning 02 - BH 1/2

Interior

Heating Forced Air, Propane

Cooling Central Air

Flooring Combination

Exterior

Exterior Feature Storage

Utilities Available Phone Available, Sewer Connected, Water Connected, Propane

Roof Type Metal

Building

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Well

Others

Tax ID 36.11


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