405 Broadway
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405 Broadway
6,002 SF Retail Building Ulster Park, NY 12487 $1,500,000 ($250/SF)
Investment Highlights
- Restaurant
- 5 Apartments
- Bar
Executive Summary
This turn-key restaurant has been a staple of the community and has had much success for over 22 years. This building has much to offer as it resides in a GC zone, between Port Ewen and Esopus. In addition, there are 5 occupied apartments and plenty of off-street parking. All apartments are occupied by long-term tenants. Tenants pay for all utilities. Plenty of other options may be available for the restaurant space based upon the zoning permitted uses. Restaurant area has an additional party room perfect for catering or private parties. Great opportunity for an investor, someone who wants to open a business, or both!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,002 SF
Building Class
C
Year Built
1940
Price
$1,500,000
Price Per SF
$250
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
1.00 AC
Zoning
GC
Parking
24 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
70 FT on Broadway
PROPERTY TAXES
| Parcel Number | 2200-056.020-0003-001.100-0000 | Improvements Assessment | $455,200 |
| Land Assessment | $47,500 | Total Assessment | $502,700 |
PROPERTY TAXES
Parcel Number
2200-056.020-0003-001.100-0000
Land Assessment
$47,500
Improvements Assessment
$455,200
Total Assessment
$502,700
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John Murphy -
Howard Hanna | Rand Realty
1 of 29
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405 Broadway
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