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1-5 Fallsview Ln
Brewster Village, NY 10509
Flex Property For Sale

PROPERTY FACTS

Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 10.00 AC
Rentable Building Area 15,000 SF
No. Stories 2
Year Built 1953
Parking Ratio 0.33/1,000 SF
Zoning ED1

ABOUT 1-5 FALLSVIEW LN , BREWSTER VILLAGE, NY 10509

Ideal investment opportunity. 10 acre industrial park of six buildings. The facility was originally designed and built by the Juengst Manufacturing Company in the 1890s, which developed a printing press and binding operation utilizing hydro power as its energy. The company was a very successful enterprise. The buildings, the land, the bridges, the grounds have good bones. This property is zoned for commercial business. All buildings and property have been painstakingly maintained and while 98% leased, the rents are low. A future landlord may want to upgrade the buildings to encourage tenants with higher rents. Building 6 which holds the hydroelectric plant was rebuilt in 1984. It has been running continuously ever since and has been leased by Electric Company monthly since then. Ideal investment opportunity. 10 acre industrial park of six buildings. The facility was originally designed and built by the Juengst Manufacturing Company in the 1890s, which developed a printing press and binding operation utilizing hydro power as its energy. The company was a very successful enterprise. The buildings, the land, the bridges, the grounds have good bones. This property is zoned for commercial business. All buildings and property have been painstakingly maintained and while 98% leased, the rents are low. A future landlord may want to upgrade the buildings to encourage tenants with higher rents. Building 6 which holds the hydroelectric plant was rebuilt in 1984. It has been running continuously ever since and has been leased by Electric Company monthly since then.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
373089-077-000-0001-022-000-0000
Land Assessment
$400,000
Improvements Assessment
$1,400,000
Total Assessment
$1,800,000
  • Listing ID: 9898420

  • Date on Market: 11/7/2017

  • Last Updated:

  • Address: 1-5 Fallsview Ln, Brewster Village, NY 10509

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