Commercial - Verplanck, NY
Pride in ownership says it all. Buyer will be proud to own this property. Fantastic location. Building was completely redone (entire 2nd story added) in 2003. Ground level contains a US Post Office and a hair salon- both long term tenants. 2nd floor has 2 large residential apartments, also with long term tenants. Each commercial space and each residential unit has their own boiler/electric. Large parking lot are can accommodate many more vehicles than are needed for tenants. Current cap rate is just under 7%, but has upside. With the exception of the Post Office (long term lease) the other tenants are on yearly leases which are below market rate. Building is in excellent shape. Town code,with a special use permit, would allow a contractor (as long as contractor rents 1 of the comm spaces) to also park a small number od work trucks/vans.
Would you like more information regarding this property?
Please call (914) 345-3550.
Data Provided by:
Hudson Gateway Multiple Listing Service, Inc.