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Executive Summary
Income-producing property with future development potential. The main office space is currently leased at $4,000 per month, providing stable cash flow. A separate Caboose unit on the property is available for rent at $1,500 per month, offering additional income potential. The property presents a compelling opportunity for future mixed-use redevelopment, subject to municipal approvals. Located in the Town of Haverstraw, an area undergoing significant revitalization supported by capital improvement funding. Numerous development projects are currently underway or in progress throughout the town, enhancing long-term value and growth prospects. Ideal for investors, owner-users, or developers seeking income today with upside for tomorrow.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,120 SF
Building Class
C
Year Built/Renovated
1877/1990
Price
$749,000
Price Per SF
$181.80
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,120 SF
Building FAR
0.12
Lot Size
0.77 AC
Opportunity Zone
Yes
Zoning
PO - Zoned as PO
Amenities
- Storage Space
- Basement
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 392201-027-053-0001-072-000-0000 | Improvements Assessment | $135,500 |
| Land Assessment | $134,500 | Total Assessment | $270,000 |
Property Taxes
Parcel Number
392201-027-053-0001-072-000-0000
Land Assessment
$134,500
Improvements Assessment
$135,500
Total Assessment
$270,000
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