285 Main StCatskill, NY 12414

Property Details for 285 Main St

Year built

1920

Lot size

0.05 AC

Property size (Sq ft)

2,376 SF

Zone code

03 - MULTI-FAMILY

Property type

Investment properties

Property subtype

Live-work space

APN

192601 172.05-4-7

APU

1926011720547

Description

This exceptional mixed-use property, located at 285 Main Street, Unit 285 in the vibrant Catskill, NY, presents a compelling investment opportunity. Situated on a conveniently sized 0.05-acre lot, this property offers significant potential for a variety of uses. The building's precise square footage is currently unavailable, however, the asking price of $450,000 reflects the property's prime location and development potential within the thriving Catskill community. The address, 285 Main Street, Unit 285, places this asset in a high-traffic area, ensuring excellent visibility and accessibility for any business venture. The mixed-use zoning allows for a diverse range of possibilities, making it an attractive option for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in this dynamic market. Further investigation into the property's specific zoning regulations and permitted uses is encouraged to fully explore the potential of this unique investment. This property is being offered at a competitive price, making it an attractive opportunity for investors seeking a strong return on their investment in the growing Catskill area. Serious inquiries are welcome.

• 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

Catskill

County

Greene

State

New York

Latitude

42.2159

Longitude

-73.8645

Property Tax & Assessments

FAQs

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