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15066166
15066167

7284 Ny-28, Shandaken, NY 12480

TF
10401344080
Keller Williams Hudson Valley North
Listed by Keller Williams Hudson Valley North
$329,900
844 days on market
Updated 4 days ago

Eisenbeil's Repair

Details
APN 500000501800010100000000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 6,000
Units 4
Cap Rate 3.64%
NOI $12,000
Price per SqFt $55
Broker Co-Op Yes
Year Built 1906
Acreage 0.920
Zoning HB
Investment Type Value Add

Multifamily | 3.64% CAP | 4 Units

Marketing description

This is a prime mixed-use property boasting 6000 square feet of potential nestled in a highly visible location, capturing the attention of passing traffic. Currently featuring a separate rental building and an owner's residence upstairs, this property offers a multifaceted investment opportunity. The commercial space downstairs presents a charming opportunity awaiting revitalization. With original wood beams and a rustic log-style bar exuding character, this space is primed to be reimagined as a vibrant local hotspot. The inviting fireplace sets a cozy ambiance, while expansive windows frame picturesque views of the mountains and tranquil stream across the street, flooding the interior with natural light. The commercial space downstairs, though in need of some TLC, holds immense potential for various business endeavors. Special features worth noting are: DEP approved and installed septic pumped in 2022, 3 year old roof on both buildings, Boiler replaced 5 years ago, The garage features radiant floor heat, an oversized 12 foot automatic door and a steel I-Beam with rolling hoist. Photos have been digitally altered to remove excess personal items.
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Listing Contacts

TF
10401344080
Keller Williams Hudson Valley North
Listed by Keller Williams Hudson Valley North

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Loan Amount
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Valuation Metrics

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DSCR
3.64%
Cap Rate
3.64%
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