23 Grassy Point Rd - Specialty FOR SALE


Stony Point, NY 10980
$4,200,000 USD
914-637-0800
23 Grassy Point Rd, Stony Point, NY for Sale
$4,200,000 USD
Specialty - FOR SALE
1/10
null | Request Cap Rate

23 Grassy Point Rd
Stony Point, NY 10980


OVERVIEW

Two acres plus water. 23-26 Grassy Point Rd, Deep water Fuel Terminal 1.7 million gallon bulk oil storage terminal.Deep water dock and a busy boat fuel dock which grosses about $500,000 per season netting about 20% profit. Environmentally clean though DEC requires monitoring to continue. Panco Petroleum has only retailed for themselves from this location since buying it in 1988. There are two racks currently. Wholesaling to other heating oil companies or biofuel storage are other good potential uses at the site. The property has about an acre on either side of Grassy Point Rd plus acre in water The acre inland is fully paved and could be fine to rent parking space to other companies heating oil delivery trucks which would buy from facility.There are diesel gas pumps for Panco's own trucks, a garage with multiple drive in doors, a small office building and many important items for safety and operation which are included in the sale. The fuel dock facility has a bathroom and pump out station. Site may be redeveloped for other conceivable uses such as residential and or restaurant, hotel. It is one of very few deep water docks available anywhere on the Hudson for industrial uses. US Gypsum has rail siding next door. Located in between the many marinas and yacht clubs. Adjacent to The currently moth balled 32+/- acre US Gypsum plant. On the Hudson River with dock 23 Grassy Point Rd, Stony Point, NY 10980

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

WP

APN/PARCEL ID

392800-021-005-0001-010-000-0000

ASK ABOUT THIS PROPERTY

Bernard StachelTamerlain Realty CompanyMore Info
914-637-0800

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Bernard StachelTamerlain Realty CompanyMore Info
914-637-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.