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23 Grassy Point Rd

7,000 SF Specialty Building Offered at $4,200,000 in Stony Point, NY 10980

Executive Summary

Two acres plus water. 23-26 Grassy Point Rd, Deep water Fuel Terminal
1.7 million gallon bulk oil storage terminal.Deep water dock and a busy boat fuel dock which grosses about $500,000 per season netting about 20% profit. Environmentally clean though DEC requires monitoring to continue. Panco Petroleum has only retailed for themselves from this location since buying it in 1988. There are two racks currently. Wholesaling to other heating oil companies or biofuel storage are other good potential uses at the site. The property has about an acre on either side of Grassy Point Rd plus acre in water The acre inland is fully paved and could be fine to rent parking space to other companies heating oil delivery trucks which would buy from facility.There are diesel gas pumps for Panco's own trucks, a garage with multiple drive in doors, a small office building and many important items for safety and operation which are included in the sale. The fuel dock facility has a bathroom and pump out station. Site may be redeveloped for other conceivable uses such as residential and or restaurant, hotel. It is one of very few deep water docks available anywhere on the Hudson for industrial uses. US Gypsum has rail siding next door.
Located in between the many marinas and yacht clubs. Adjacent to The currently moth balled 32+/- acre US Gypsum plant.
On the Hudson River with dock
23 Grassy Point Rd, Stony Point, NY 10980

Property Facts

Price $4,200,000
Price Per SF $600
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Contractor Storage Yard
Building Class B
Lot Size 2.00 AC
Building Size 7,000 SF
No. Stories 1
Year Built 1930
Tenancy Single
Clear Ceiling Height 13 FT

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
392800-021-005-0001-010-000-0000
Land Assessment
$54,000
Improvements Assessment
$44,400
Total Assessment
$98,400

zoning

Zoning Code WP
WP
  • Listing ID: 17114771

  • Date on Market: 4/9/2012

  • Last Updated:

  • Address: 23 Grassy Point Rd, Stony Point, NY 10980

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