10 Broad StKinderhook, NY 12106

  • Investment properties
  • 2,376 SF
For Sale
$585,000 View listing

Property Details for 10 Broad St

Year built
1940
Lot size
0.07 AC
Property size (Sq ft)
2,376 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Live-work space
APN
104401 43.20-1-30
APU
1044014320130

Description

This exceptional 1,188 square foot mixed-use property, located at 10 Broad Street in the heart of historic Kinderhook, NY, presents a unique investment opportunity. The fully restored 19th-century building boasts a delightful ground floor storefront, perfect for a variety of retail ventures. A convenient half bath and access to a large, fenced backyard enhance the commercial space. The meticulously maintained backyard also features a charming shed, ideal for storage or use as an outdoor bar or gathering area. Upstairs, a stylish one-bedroom apartment awaits, complete with built-in bookshelves, high vaulted ceilings, and abundant natural light. Currently operating as a beloved local bookstore, this property benefits from its enviable location overlooking the village square, surrounded by a thriving collection of established businesses including The Aviary, The Nest, Morningbird, Old Dutch Inn, Saisonnier, and Jack Shainman Gallery's The School. The 0.07-acre lot provides ample space for outdoor activities and enhances the overall appeal of this property. This is an unparalleled chance to own a piece of Kinderhook's vibrant and growing community, offering both commercial and residential income potential. The property is priced at $585,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $590,235
    6.5%
    $544,832
    7%
    $505,916
  • Comparable approach

    Method
    Valuation
    Relative Method
    $312,535
    Geo Method
    $310,448
  • Alternative Use

    Use
    Valuation
    Residential
    $675,592
    Hospitality
    $618,839
    Educational
    $514,867
    Medical
    $532,574
    Retail
    $800,904

Location Insight

City
Kinderhook
County
Columbia
State
New York
Latitude
42.3954
Longitude
-73.6989
CBSA code
26460
CBSA name
HUDSON, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$39,800
$225,200
$265,000
-
$59,403
$336,119
$395,522

FAQs

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