2016 Ulster Avenue, Lake Katrine, NY 12449

19 Photos
 
$345,000 Sold Price
Sold on 12/19/2018
 
Listing ID 10516583
Property Type Commercial
County Ulster
Tax ID 000000-039.016-0001-032.000
FEMA Flood Map fema.gov/portal
Year Built 1980
Virtual Tour
Prime strip plaza located at the Gateway to Ulster Counties major shopping district. Building consists of about 4,400 square feet of open span space that can easily be divided into large open areas or smaller offices as needed. The building is currently Vacant and available For Sale or For Lease $8.00 a square foot triple net, there is about 4,400 square feet that is currently available and in the process of being marketed for rent. Solid building and great visibility, current traffic count is 13,000+ vehicles per day in the fastest growing area in the County. A new Holiday Inn Hotel was just build within a 1/4 of a mile from this site and a major car dealer is going in across the street. Fully rented at a low market rent of $8.00 a square foot (triple net) the building would generate $35,200 in net income per year. This is one of the very few times you see a building being offered for sale with a huge upside in neighboring development. Square footage is based on UCIS property records and the Listing Agent s measurements. Buyer s agents should verify.
Property Details
  • 0.83 Acres
  • Built in 1980
  • 4 Units
Commercial Info
  • Uses: General Retail
Taxes and Fees
  • $7,551 School Tax
  • $3,443 County Tax
  • $10,994 Total Tax
Sale Information
  • Sold on 12/19/2018
  • Sold for $345,000
  • Buyer's Agent: Ron Knowles
  • Company: Century 21 Alliance-NP
Previously Listed By
Win Morrison Realty
Office: 845-339-9999
Win Morrison Realty
Office: 845-339-1144
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