156 Route 17
2,300 SF Retail Building Tuxedo Park, NY 10987 $1,500,000 ($652/SF)
INVESTMENT HIGHLIGHTS
- AAA location - high visibility, Tuxedo is the gateway to Hudson Corridor - New York State's largest grant recipient
- Impeccable grounds suited for upscale business
- New construction, high quality building will go up in value as a result of Hudson Yards developer (Related & Lennar) project known as Tuxedo Reserve
- Bring your retail dream to life in this high traffic corridor
EXECUTIVE SUMMARY
Location, location, location, own versus rent in a super hot area with 100K car count daily. This new construction building is suited for any retail, office or medical use. High visibility, top notch building offers owner operator the perfect location to be seen. Hudson Yards NYC builder RELATED teamed up with LENNAR to develop the largest residential / retail multi use project in the State of NY (TUXEDO RESERVE / TUXEDO FARMS) across the street- making this location a desirable real estate investment. This property is the first commercial business traveling north into the historic Tuxedo Business Hamlet with over 150' of highway frontage and two parking lots.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,300 SF
Building Class
B
Year Built
2019
Price
$1,500,000
Price Per SF
$652
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Zoning
Commercial - Commercial Retail, premium AAA location in super hot area. Better real estate growth return versus Bergen County, NJ.
Parking
27 Spaces (11.74 Spaces per 1,000 SF Leased)
Frontage
520 FT on Route 17
CONTACT
-
Steve Germano - Tuxedo Hospitality Corporation
