553 Hosner Mountain Rd - Warehouse FOR SALE


Stormville, NY 12582
$875,000 USD
845-242-4381
553 Hosner Mountain Rd, Stormville, NY for Sale
$875,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

553 Hosner Mountain Rd
Stormville, NY 12582


HIGHLIGHTS

  • Located just off NY-52 less than 5mi to I-84, 15mi to I-684
  • Two-story Warehouse w/ Office and Two Residences on 4ac
  • Large Rear Lot for Truck/Equipment Storage
  • Owner-Occupier Opportunity with In-place Income
  • Value-Add Play w/ Minimal CapEx for Investors

OVERVIEW

553-555 Hosner Mountain Road, Stormville is an owner-occupier or investment opportunity with a 2-story mixed-use building (ground floor warehouse, 2nd floor office and 1BR apartment) and a 2BR home on four acres located just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property is zoned R-2, and warehouse/storage is a continued permitted use.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

15

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

R2

APN/PARCEL ID

132800-6655-01-165698-0000,132800-6655-01-176675-0000

ASK ABOUT THIS PROPERTY

Don MinichinoHVNY Commercial Team @KW Mid-HudsonMore Info
845-242-4381

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Don MinichinoHVNY Commercial Team @KW Mid-HudsonMore Info
845-242-4381

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