Campbell Hall, NY 10916,97 State Route 416

$2,500,000

Est. payment /mo

$2,850,000

12.3%
Est.Price: ?

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97 State Route 416 Campbell Hall, NY 10916

SOLD DATE : 03/01/2024

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6215828

Sold Date 03/01/24

Originating Board onekey

Property Description

This is one of the finest offerings I have had in my 40+ year career. All top notch construction for this modern 2700+ sf office, 5 condominiums and 1 carriage house. Meticulously designed and maintained by Joe Matta of Masterworks fame. Award winning complex. Unit 1 is 1814 SF. Unit 2 is 2013 SF. Unit 3 is 1341 SF. Unit 4 is 1671 SF. Unit 5 is 1903 SF. Unit 6 which is called the Carriage House is 2027 SF. The professional office is 2787 SF. There are some interior pictures depicting the attention to detail and craftsmanship. This is a great investment to buy hold and let your tenants pay the mortgage. Cap rate presently 5%.In docs is brochure with analysis. This property will continue to appreciate. This part of the Blackburne project is not age restricted. Comparables show the 6 units without the office complex at $3,000,000 plus if sold individually.

Location

State NY

County Orange

Zoning R4A*

Interior

Heating Propane, Hydro Air, Radiant

Cooling Central Air

Fireplace N

Appliance Cooktop, Dishwasher, Oven, Wine Cooler

Building

Sewer Public Sewer

Water Public

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Listed by Keller Williams Realty • 845-928-8000
Bought with Keller Williams Realty

D. Gloria Hernandez

Agent | License ID: 10301205200

+1(914) 441-0980

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