4072 State Route 28 - Restaurant FOR SALE


Boiceville, NY 12412
$399,900 USD
845-389-7895
4072 State Route 28, Boiceville, NY for Sale
$399,900 USD
Restaurant - FOR SALE
1/33
null | 5.75% Cap Rate

4072 State Route 28
Boiceville, NY 12412


OVERVIEW

Located in the center of Boiceville next to the High School and across from the Boiceville Market. 7 unit mixed use building having 5 residentialunits a first floor retail/office space was previously a restaurant and still retains the cooking hood and some systems along with a large bar. Lowrent could be great for a flea market, antique shop, office space or gallery. There is also a garage rental. Cap at asking 3.31% but that's based on the current below market rent rates. Please see associated docs for actual and ProForma income and expenses. List agent is part owner.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$57 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Landmark Grille

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

02

APN/PARCEL ID

4000-036.011-0001-027.111-0000

ASK ABOUT THIS PROPERTY

Greg BerardiBerardi RealtyMore Info
845-389-7895

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

Greg BerardiBerardi RealtyMore Info
845-389-7895

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