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8 Hoffman Ln 3,633 SF Retail Building Cooperstown, NY 13326 $550,000 ($151.39/SF) 5.67% Cap Rate
INVESTMENT HIGHLIGHTS
- National Baseball Hall of Fame just down the street
- Easy access to Lake Front
- Ability to host 2 private parties at once
- Outdoor seating
- Multiple areas for team parties
EXECUTIVE SUMMARY
Investment opportunity, $550K firm.
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
|
| Net Operating Income |
-
|
-
|
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 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,633 SF
Building Class
C
Year Built
1894
Price
$550,000
Price Per SF
$151.39
Cap Rate
5.67%
NOI
$31,185
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.10 AC
Zoning
B - Village of Cooperstown
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 365001-115-018-0003-048-002-0000 | Improvements Assessment | $314,600 |
| Land Assessment | $84,400 | Total Assessment | $399,000 |
PROPERTY TAXES
Parcel Number
365001-115-018-0003-048-002-0000
Land Assessment
$84,400
Improvements Assessment
$314,600
Total Assessment
$399,000
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Presented by
Cooperstown Diner LLC
8 Hoffman Ln
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