laurence loffredo - Commercial Real Estate Showcase

laurence loffredo Property Listings
laurence loffredo
Hudson, NY 12534
(518) 929-9426

166 Main Street

Philmont, NY 12565 - Columbia County Submarket

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1880
Building Size:10,000 SF Land Area:.3 AC (13,199 SF)
For Sale Price:$995,000 Price/SF:$99.50
Cap Rate:5.50 %
Parking:Free Surface spaces are available; Ratio of 1/1,000 SF

Located just one mile away from the beautiful Taconic State Parkway.

Sale Notes:
"Up In The Square"...Overbuilt, with Andrew Carnegie Steel Beam Construction,,10,000 st ft Brick and Steel Beam Suspension Building ( 50x100 )18 inch brick walls,,arched steel beam roof structure,Prime for Upscale Residential/Commercial Development, or. Keep This Classic as Is and enjoy the ownership of this turn key cash cow,,2; 5000, sq ft floors. upper; 4 residential loft style apartments from 800 sq ft to 1400 sq ft,below,, 5000 sq ft unit,,small retail plus 3000 sq ft open work space ..11 ft ceilings,,with 2 additional apartments,( minor demo needed to make back into a 5000 sq st open span space ),all seperate utilities,4 fairly new peerless boilers,, wiring upgrade with 400 amps,,new roof,, new chimney.hardwood floors in apartments, with many upgrades ,parking for 10 cars,,excellent location,this building has been cared for and slowly restored the past 14 years,,never a vacancy,excellent curb appeal.present gross 70k, much more upside available in current rents,,building can be delivered vacant with 90 day notice,,excellent owner user, investor,office/mfg complex,,,,turn key low maintenance building,,owner seller.,, or, 518 929-9426..Mr. Loffredo
1 mile direct off the Taconic State Parkway,166 main street,, corner of martindale rd and eagle street ,positioned right on main street, (rte 217) 3 miles to hudson,ny,, 2 hours to NYC, 2 hours to Boston,Mass. 40 miles south of Albany,Ny,40 miles to Pougkippsee NY,

laurence loffredo
laurence loffredo
(518) 929-9426

Laurence Loffredo
Laurence Loffredo
(518) 929-9426

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