4115-4125 Highway 28

Boiceville, NY 12412

$785,000
Price
Beds
42,000 Sq. Ft.
$19 / Sq. Ft.
42,000
Sq. Ft.
$19
per Sq. Ft.

Description

This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers,...This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers, tourists, and local development. The property is in very good condition and has municipal sewer access. The large commercial space, previously used as a lumber yard and salvage retail store, offers over 35,000 square feet of office, retail, and warehouse space with excellent visibility from State Route 28. The building has updated systems, including the roof, heating, and cooling units. The tenant base is solid, with a Post Office, Restaurant, Woodstock Antiques, and Café /Catering already occupying the space. The vacant large commercial storefront with warehouse space is available for lease at 4,500 per month. For potential buyers, it's important to note that the sale of the building comes with a non-compete restriction for the grocery business next door for 10 years. At the asking price with the vacant large commercial space, the Cap rate is approximately 6. Please refer to the associated documents for more information on income and expenses related to the property. The owner has a 17,000 estimate to replace the windows in the front that are boarded up. The reason they have not been replaced is because we do not know if a buyer would like to reconfigure the front of the building.
  1. Listed by Louis Naccarato • Berardi Realty
    P: (845)-633-0733 C: (845)-633-0733 louisnacc09@gmail.com

Amenities

  • Air Conditioning
  • Central AC
  • Forced Air
LISTING UPDATED: 10/24/2024 03:18 PM

Property Details for 4115-4125 Highway 28

StatusActive
MLS #20242343
Days on Market224
Taxes$14,276 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeCommercial Sale / Other
Year Built1970
Lot Size1.98 AC / 86,248 SF
CountyUlster County

Building Information for 4115-4125 Highway 28

Stories-Residences7Year Built1970Lot Size1.98 AC / 86,248 SF

Property Information for 4115-4125 Highway 28

Summary
Location and General Information
  • Sign On Property YN: Yes
  • Accessibility Features: Accessible Doors
  • Road Surface Type: Asphalt
  • Directions: From the NYS Thruway take exit 19 Kingston, Exit right to Route 28 West about 16 miles . Property will be on the left passed the IGA Supermarket.
  • Location Tax and Legal:Township: Olive
  • Zoning: 02 - BH 1/2
  • MLS Area Major: Olive
  • Street Name: Ny-28
  • State: NY
  • Zip Code: 12412
  • County: Ulster
  • Latitude: 42.007642
  • Longitude: -74.267604
  • Unparsed Address: 4115-4125 Ny-28, Boiceville, NY 12412
  • Street Number: 41154125
  • Location Tax and Legal:Zoning: 02 - BH 1/2
  • General Property Information:Accessibility Features YN: Yes
  • General Property Information:Flood Plain YN: Yes
  • General Property Information:Sign On Property YN: Yes
  • Road Surface Type:Asphalt: Yes
Taxes and HOA
  • Location Tax and Legal:General Tax: $5,780
  • Location Tax and Legal:School Tax: $8,496
  • Location Tax and Legal:Tax Annual Amount: $14,276
  • Location Tax and Legal:Tax Assessed Value: $950,000
  • Location Tax and Legal:Tax Lot: 11
  • Location Tax and Legal:Tax Block: 1
  • Tax Assessed Value: 950000
  • Association Fee: $.00
  • Parcel Number: 36.11
  • Tax Block: 1
  • Tax Lot: 11
  • Tax Annual Amount: $14,276
Virtual Tour
  • Total Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Acres: 1.98
  • Structure Type: Industrial, Mixed Use, Office, Retail
  • Total Floor Plans Count: 0
  • Property Type: Commercial Sale
  • Living Area: 42000.0
  • Property Sub Type: Other
  • Building Features: Overhead Door(s), Doors 10-15 Ft
  • Lot Size Units: Acres
  • Lot Size Square Feet: 86248.8
  • General Property Information:Lot Size Acres: 1.98
  • General Property Information:Leasable Area Units: Square Feet
Property and Assessments
  • Year Built: 1970
  • Business Type: Commercial, Construction/Contractor, Deli/Catering, Distribution, Food & Beverage, Industrial, Recreation, Retail, Storage, Warehouse, Other
  • Video Groups: 0
  • Current Use:Warehouse: Yes
  • Business Type:Commercial: Yes
  • Business Type:Construction/Contractor: Yes
  • Business Type:Deli/Catering: Yes
  • Business Type:Distribution: Yes
  • Business Type:Food & Beverage: Yes
  • Business Type:Industrial: Yes
  • Business Type:Recreation: Yes
  • Business Type:Retail: Yes
  • Business Type:Warehouse: Yes
  • Business Type:Other: Yes
Building Information
  • Other Structures:Garage(s): Yes
  • Structure Type:Industrial: Yes
  • Structure Type:Mixed Use: Yes
  • Structure Type:Retail: Yes
Utilities
  • Utilities: Phone Available, Sewer Connected, Water Connected, Propane
  • Water Source: Well
  • Electric:200+ Amp Service: Yes
  • Electric:Three Phase: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Water Source:Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Storage
  • Other Structures: Garage(s)
  • Construction Materials:Block: Yes
  • Roof:Metal: Yes
  • Building Features:Overhead Door(s): Yes
  • Building Features:Ceiling Height: 20.0
  • Building Features:Doors 10-15 Ft: Yes
Interior Features
  • Cooling: Central Air
  • Flooring: Combination
  • Foundation Details: Block, Brick/Mortar
  • Heating: Forced Air, Propane
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0
  • Bathrooms Total (Notational): 0
  • Cooling: Yes
  • Heating: Yes
  • Accessibility Features:Accessible Doors: Yes
  • Cooling:Central Air: Yes
  • Electric: 200+ Amp Service, Three Phase
  • Flooring:Combination: Yes
  • Foundation Details:Block: Yes
  • Foundation Details:Brick/Mortar: Yes
  • Heating:Forced Air: Yes
Multi Family
Multi-Family Information
  • Number of Units: 7
  • General Property Information:Number Of Units Total: 7.0
Income & Expenses
  • Insurance Expense: $25,981
  • Electric Expense: $5,300
Financial Infomation
Income & Expenses
  • Total Annual Expenses: $45,166.00
  • Net Operating Income: $43,550
  • Income and Expenses:Financials Available Y/N: Yes
  • Income and Expenses:Electric Expense: $5,300
  • Income and Expenses:Fuel Expense: $0
  • Income and Expenses:Insurance Expense: $25,981
  • Income and Expenses:Net Operating Income: $43,550
  • Income and Expenses:Total Actual Rent: $88,716
  • Income and Expenses:Total Annual Expenses: $45,166.00
  • Income and Expenses:Vacancy Allowance: 5
Agent
Sale and Listing
  • DOM: 162
  • MLS Approval Status: Yes
  • Owner Pays: Electricity, Exterior Maintenance, Insurance, Taxes
  • Current Use: Warehouse
  • Contract Information:Owner Name: Chester Properties, Inc.
  • Book Information:Section: 36.11
Rental
Rental Information
  • Rent Control YN: No
  • Vacancy Allowance: $5.00
  • General Property Information:Rent Control YN: No
  • Owner Pays:Electricity: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Insurance: Yes
  • Owner Pays:Taxes: Yes

Property History for 4115-4125 Highway 28

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4115-4125 Highway 28

Taxable ValueLand$70,000Additions$880,000Total$950,000
Home Facts
Total Finished SqFt36,720 SqFtAbove Grade Finished SqFt36,720 SqFtStories2Lot Size86,249 SqFtStyleShopping CenterYear Built1970Zoning02 - SINGLE RCountyULSTERAPN514000 36.11-1-11

Schools near 4115-4125 Highway 28

This home is within Onteora Central School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Rating
School
Distance
Phoenicia Elementary School
PublicK to 3

Woodstock Elementary School
PublicK to 3

Reginald Bennett Elementary School
Public4 to 6

Onteora Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4115-4125 Highway 28 is for sale in Boiceville, NY 12412. This property was listed for sale on May 15, 2024 by Berardi Realty, it's currently listed at $785,000. It has been on the market for a total of 224 days and was last sold on December 18, 2006. This listing's school district is Onteora Central School District. Nearby schools include Phoenicia Elementary School, Woodstock Elementary School and Reginald Bennett Elementary School. 4115-4125 Highway 28 is a 0-bed, 0-bath, 42,000 sqft built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berardi Realty

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 10/24/2024 03:18 PM