42 Brookside AveChester, NY 10918

Property Details for 42 Brookside Ave

Year built

1982

Lot size

0.95 AC

Property size (Sq ft)

4,020 SF

Zone code

04 - FARM

Property type

Car washes

APN

332201 114-2-1

APU

33220111421

Description

This exceptional investment opportunity presents a 4,000-4,500 square foot, single-story building situated on a 0.084-acre lot in Chester, New York. Currently configured as a car wash, this property boasts a prime location in a high-traffic area with excellent visibility, ensuring strong potential for continued success in its current use or adaptation to other ventures. The B-2 zoning permits a wide range of commercial uses, offering significant flexibility for future development. The sturdy building is well-maintained and readily adaptable to suit various business needs. Adding to its appeal, an adjacent 0.08-acre parcel is also available for purchase, providing further expansion possibilities. This property is being offered at $1,750,000 and is suitable for a 1031 exchange. The property's address is 42 Brookside Ave, Chester, NY 10918, and its APN is 332201-114-000-0002-001.000-0000. This is a rare chance to acquire a well-located, versatile commercial property with significant upside potential. Don't miss this opportunity to capitalize on a thriving business or create a new venture in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,467,986

  6.5%

  $1,355,064

  7%

  $1,258,274

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,332,535

  Geo Method

  $1,323,638

• Alternative Use

  Use

  Valuation

  Residential

  $1,143,048

  Hospitality

  $1,047,026

  Educational

  $871,113

  Medical

  $901,072

  Retail

  $1,355,064

Location Insight

City

Chester

County

Orange

State

New York

Latitude

41.3529

Longitude

-74.2764

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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