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2500 Route 9W 15,932 SF 100% Leased Retail Building Ravena, NY 12143 $650,000 ($40.80/SF)
INVESTMENT HIGHLIGHTS
- (3) first floor commercial units and (2) second floor 2BR/1BA apartments on a combined ±0.71 acre site
- Overall condition rating: good.
- Operating at 83% occupancy.
EXECUTIVE SUMMARY
Mixed-use building, having (3) first floor commercial units and (2)second floor 2BR/1BA apartments on a combined ±0.71 acre site, operating at 83% occupancy. The commercial/office units are designed having separate front and rear or side entrances. The front apartment is accessedby side exterior stairs and the rear apartment is accessed by rear enclosed stairs. All units are separately metered for utilities. The commercial unit (Subway) FF&E is the tenant’s personal property and was excluded from this analysis. Apartment units: (2) refrigerators and (2)stoves/ovens with an estimated contributory value of $3,300. Overall condition rating: good.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,932 SF
Building Class
C
Year Built/Renovated
1960/1995
Price
$650,000
Price Per SF
$40.80
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.42 AC
Zoning
C1P - Commercial Planning
Parking
25 Spaces (1.57 Spaces per 1,000 SF Leased)
Frontage
93’ on Route 9W
PROPERTY TAXES
| Parcel Number | 012489-168-013-0002-043-002-0000 | Improvements Assessment | $289,500 |
| Land Assessment | $41,000 | Total Assessment | $330,500 |
PROPERTY TAXES
Parcel Number
012489-168-013-0002-043-002-0000
Land Assessment
$41,000
Improvements Assessment
$289,500
Total Assessment
$330,500
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Presented by
Flach Properties Llc
2500 Route 9W
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