151 Greenwich Ave - Retail FOR SALE


Goshen, NY 10924
$2,700,000 USD
914-760-7331
151 Greenwich Ave, Goshen, NY for Sale
$2,700,000 USD
Retail - FOR SALE
1/44
null | 4.46% Cap Rate

Apr '26


151 Greenwich Ave
Goshen, NY 10924


HIGHLIGHTS

  • Two tenant NNN Investment
  • High visibility location in Village of Goshen
  • Longterm NNN leases with 3% yearly increases
  • Minimal landlord responsibilities providing passive income

OVERVIEW

Seize a prime triple-net (NNN) investment in a high-visibility, two-building retail complex situated at the main entrance of the historic Village of Goshen. This property combines stable, in-place cash flow with significant value-add potential. Strategically positioned on the main thoroughfare into the historic Village of Goshen, ensuring high visibility and consistent traffic. Building #1 (Beverage Plus): Approx. 7,300 sq ft established retail beverage center. Secure 10-year NNN lease, currently in its second year, with 3% annual increases until May 31, 2034. Current annual rent is $7210/month, providing reliable income. Building #2 (Former Orange County Bagel): Approx. 1,836 sq ft, previously a successful retail food location. Currently vacant, but subject to a 5-year NNN lease extension, with 3% annual increases until January 4, 2030. Offers a strong value-add component for a new tenant or a turnkey space for a buyer-user. Current annual rent is $2831/month. Tenants are responsible for all operational expenses (Beer World 75%, OC Bagel 25%), with the landlord only responsible for the structure and roofs. Features a paved parking lot, municipal water and sewer, and natural gas service. This is an ideal opportunity for both passive investors seeking consistent, low-management income and active investors looking to enhance value by placing a new tenant in the vacant space. It also represents a compelling proposition for an owner-user who can occupy the front building while benefiting from the income generated by the rear tenant. Lease details are available upon request for qualified buyers.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$382 USD /SF

CAP RATE

4.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bank, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,223 SF

ZONING

CS

APN/PARCEL ID

333001-112-000-0012-006.000-0000

ASK ABOUT THIS PROPERTY

Jason McGovernKW CommercialMore Info
914-760-7331

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Jason McGovernKW CommercialMore Info
914-760-7331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.