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81 W Ramapo Rd 5,169 SF Retail Building Garnerville, NY 10923 $3,350,000 ($648.09/SF) 6.99% Cap Rate
Executive Summary
Lease in place with 202 Cannabis Co
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,169 SF
Building Class
B
Year Built
2008
Price
$3,350,000
Price Per SF
$648.09
Cap Rate
6.99%
NOI
$234,228
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.92 AC
Zoning
C - Commercial District
Parking
30 Spaces (5.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Mezzanine
- Security System
- Signage
- Skylights
- Drive Thru
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 392289-026-009-0004-001-000-0000 | Total Assessment | $518,500 (2024) |
| Land Assessment | $275,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $243,500 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
392289-026-009-0004-001-000-0000
Land Assessment
$275,000 (2024)
Improvements Assessment
$243,500 (2024)
Total Assessment
$518,500 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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81 W Ramapo Rd
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