5058 Route 17M - Auto Dealership FOR SALE


New Hampton, NY 10958
$500,000 USD
914-760-7331
5058 Route 17M, New Hampton, NY for Sale
$500,000 USD
Auto Dealership - FOR SALE
1/19
null | 8.3% Cap Rate

5058 Route 17M
New Hampton, NY 10958


HIGHLIGHTS

  • Fully Leased
  • High Traffic Count
  • Flat, paved corner lot.

OVERVIEW

This prime investment opportunity on a high-exposure corner lot offers 100 feet of direct frontage on Route 17M in New Hampton. With parking capacity for 50–55 vehicles, it's ideally configured for auto sales or other high-visibility retail uses. The site boasts an average daily traffic count of over 19,000 vehicles, offering excellent exposure for businesses seeking drive-by visibility. The current tenant is in good standing in year three of a five-year lease with annual escalation built in and an optional extension.  Tenant has first right of refusal. ***Do not walk the property without an appointment, proper representation, or prior permission from the listing agent. The property is vacant—please use caution.*** All showings must be scheduled in advance. All information is believed to be accurate but should be independently verified by the buyer’s agent, including taxes and square footage. For questions or to submit an offer, please contact Matthew at (845) 551-7292 / mattgibbs@kw.com or Jason at (914) 760-7331 / jasonmcgovern@kw.com.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$617 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

MC 2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jason McGovernKW CommercialMore Info
914-760-7331

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

Jason McGovernKW CommercialMore Info
914-760-7331

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