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Farm, Garden/Flower Ctr, Retail, Residential 73 Little York Rd

10,000 SF 100% Leased Retail Building Warwick, NY 10990 $2,395,000 ($240/SF) 7.77% Cap Rate

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Investment Highlights

Diversified, Agricultural/Residential/Investment/Land Assemblage.
10 Separate parcels, 31+ acres, multiple buildings/profit centers.
Strategic Location, Black Dirt Region, Close to NJ.

Well known, 5th generation family farm and garden center.
Potential Agricultural Financing.
Main House, rental house, barns, greenhouses, gift shop, too much to list

Executive Summary

One of the most exciting opportunities to come along. Diversified destination property assemblage in Warwick, NY with multiple profit centers, amazing location & breathtaking farm & mountain views. Well known, 5th generation, family farm, garden and flower center, also includes gift shop, residential and rental income, updated main house, multiple barns, shop, retail, 10k ft greenhouses, 30+ acres, 10 separate parcels, black dirt... A Savvy Owner/Investor will see the tremendous potential to add to the successful garden & flower retail business a world class brewery, distillery, winery, an incredible Wedding venue (church across the street and for many years the host of the annual sold-out Black Dirt Feast on the great lawn) or keep it just as it has been for 5 generations a successful business and a magical place to raise a family. Too much to list, this is a must-see property, strategic location-just down the road from very successful winery, close to NJ and the center of the of the Black Dirt region in Pine Island, NY.

73 Little York Flyer

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Bulk/Portfolio Sale

Property Type

Retail

Property Subtype

Garden Center

Building Size

10,000 SF

Building Class

Year Built

1900

Price

$2,395,000

Price Per SF

$240

Cap Rate

7.77%

NOI

$186,000

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.01

Lot Size

32.11 AC

Zoning

00115 - AI Agricultural Industry

Parking

20 Spaces (2 Spaces per 1,000 SF Leased)

Frontage

100 FT on Little York

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PROPERTY TAXES

Parcel Numbers	Multiple 335489-012-000-0004-060.000-0000 335489-012-000-0003-024.000-0000 335489-012-000-0004-058.000-0000 335489-012-000-0004-059.200-0000 335489-012-000-0003-021.000-0000 335489-012-000-0004-061.000-0000 335489-012-000-0004-062.000-0000 335489-012-000-0003-020.000-0000	Improvements Assessment	$1,200
Land Assessment	$8,300	Total Assessment	$9,500