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3191 Route 9 2,900 SF 100% Leased Office Building Cold Spring, NY 10516 $800,000 ($275.86/SF) 9.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Run a business plus have 2 rental incomes
- Owner/User plus rental income
- Investment Rent out 4 units
EXECUTIVE SUMMARY
MIXED USE PROPERTY. RUN YOUR BUISNESS FROM HOME OR RENTAL BOTH UNITS AND USE THE 2 OFFICES AND GARAGE
LOTS OF PARKING, HUGE LOT. OR JUST USE THIS AS INCOME PRODUCING. SO MANY POSSIBILITIES. TOTALLY RENOVATED 13 YEARS AGO. 1 UNIT HAS 2BEDROOMS, DEN, OPEN KITCHEN, LIVINGROOM, FORMAL DININGROOM, FULL BATH; 2ND UNIT IS A ONE BEDROOM, EIK, LIVINGROOM, BATHROOM SGD TO PATIO; 3RD UNIT 2 SEPARATE OFFICES WITH 1/2 BATH AND LARGE FINISHED GARAGE; 4TH INCOME FROM LARGE YARD RENTED TO CONTACTOR. LIVE, RENT, RUN BUSINESS, RENT OUT LOT SPACES......SO MANY POSSIBLILITES WITH APPROXIMATELY 300' FRONTAGE ON ROUTE 9 AND SIGNAGE EXPOSURE.
LOTS OF PARKING, HUGE LOT. OR JUST USE THIS AS INCOME PRODUCING. SO MANY POSSIBILITIES. TOTALLY RENOVATED 13 YEARS AGO. 1 UNIT HAS 2BEDROOMS, DEN, OPEN KITCHEN, LIVINGROOM, FORMAL DININGROOM, FULL BATH; 2ND UNIT IS A ONE BEDROOM, EIK, LIVINGROOM, BATHROOM SGD TO PATIO; 3RD UNIT 2 SEPARATE OFFICES WITH 1/2 BATH AND LARGE FINISHED GARAGE; 4TH INCOME FROM LARGE YARD RENTED TO CONTACTOR. LIVE, RENT, RUN BUSINESS, RENT OUT LOT SPACES......SO MANY POSSIBLILITES WITH APPROXIMATELY 300' FRONTAGE ON ROUTE 9 AND SIGNAGE EXPOSURE.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,900 SF
Building Class
C
Year Built/Renovated
1980/2013
Price
$800,000
Price Per SF
$275.86
Cap Rate
9.25%
NOI
$73,983
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,900 SF
Building FAR
0.11
Lot Size
0.63 AC
Zoning
Mixed Use - Zoned Mix Use Hamlet on Route 9
Can rent out all units as investment
Owner/User Live and run your business
Live/Run Business/Rent
Parking
15 Spaces (5.17 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 372689-027-011-0001-021-000-0000 | Total Assessment | $191,800 |
| Land Assessment | $75,700 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $116,100 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
372689-027-011-0001-021-000-0000
Land Assessment
$75,700
Improvements Assessment
$116,100
Total Assessment
$191,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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3191 Route 9
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