36 Main StWashingtonville, NY 10992

Property Details for 36 Main St

Year built

1963

Lot size

0.59 AC

Property size (Sq ft)

2,170 SF

Property type

Office buildings

APN

332001 107-3-15

APU

332001107315

Description

This exceptional mixed-use property presents a unique investment opportunity in the vibrant Village of Washingtonville, NY. Located at 36 E Main St, this offering combines a substantial commercial space with a comfortable residential component. The 2,170 square foot office building boasts separate individual office areas, currently occupied by a long-established insurance company, offering immediate income potential or the flexibility to adapt to various business needs. The building's prime location on Main Street ensures high visibility and accessibility. The property's strategic placement next to the Village police department provides an added layer of security and community presence. In addition to the commercial space, the property includes a spacious 1,700 square foot residential home featuring three bedrooms and two bathrooms. This provides an excellent opportunity for owner-occupancy, rental income, or potential conversion to additional office space. The 0.59-acre lot offers ample space and potential for future expansion or development. This property is ideal for an investor seeking a blend of commercial and residential income, or a business owner looking for a unique combination of workspace and living quarters in a thriving village setting. Showings are available by appointment only. The asking price is $679,000.

• CAP approach

  CAP return

  Valuation

  6%

  $396,080

  6.5%

  $365,612

  7%

  $339,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $283,917

  Geo Method

  $283,532

• Alternative Use

  Use

  Valuation

  Residential

  $453,359

  Hospitality

  $415,275

  Educational

  $345,504

  Medical

  $357,386

  Retail

  $537,450

Location Insight

City

Washingtonville

County

Orange

State

New York

Latitude

41.4285

Longitude

-74.1645

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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