86 Sullivan StWurtsboro, NY 12790

Property Details for 86 Sullivan St

Year built

1974

Lot size

0.33 AC

Property size (Sq ft)

8,603 SF

Zone code

C1

Property type

Investment properties

Property subtype

Retail residential properties

APN

484003 106.-15-4

APU

484003106154

Description

This versatile Wurtsboro, NY property, located at 86 Sullivan Street, offers 6,762 square feet of space in a single-story building, built in 1950 and renovated in 2024. The building features a flexible layout, suitable for retail, office, or industrial uses, with a minimum divisible space of 2,070 square feet and a maximum contiguous space of 6,762 square feet. Currently, 3,220 square feet are vacant, presenting a significant opportunity for expansion or multiple tenants. The property sits on a 0.33-acre lot with 46 feet of frontage, providing high visibility. The building boasts an 8-foot ceiling height and includes six parking spaces. Zoned for commercial use (C zoning), this property is ideally situated in the heart of Wurtsboro Village, next to a popular restaurant, ensuring high foot traffic and excellent visibility for your business. The building's multiple access points offer convenience and flexibility for various business needs. This is a rare opportunity to acquire a well-located, adaptable commercial space in a thriving community. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,650,027

  6.5%

  $2,446,179

  7%

  $2,271,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,754,017

  Geo Method

  $1,742,305

• Alternative Use

  Use

  Valuation

  Residential

  $2,446,179

  Hospitality

  $2,240,686

  Educational

  $1,864,225

  Medical

  $1,928,338

  Retail

  $2,899,906

Location Insight

City

Wurtsboro

County

Sullivan

State

New York

Latitude

41.5749

Longitude

-74.4818

Property Tax & Assessments

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